Common use of Copy of Plan Clause in Contracts

Copy of Plan. By the execution of this Agreement, the Service Provider acknowledges receipt of a copy of the Plan. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any applicable law, then such provision will be deemed to be modified to the minimum extent necessary to render it legal, valid and enforceable; and if such provision cannot be so modified, then this Agreement will be construed as if not containing the provision held to be invalid, and the rights and obligations of the parties will be construed and enforced accordingly.

Appears in 18 contracts

Samples: Phantom Unit Agreement (GPM Petroleum LP), Long Term Incentive Plan (GPM Petroleum LP), Long Term Incentive Plan (GPM Petroleum LP)

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Copy of Plan. By the execution of this Agreement, the Service Provider Director acknowledges receipt of a copy of the Plan. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any applicable law, then such provision will be deemed to be modified to the minimum extent necessary to render it legal, valid and enforceable; and if such provision cannot be so modified, then this Agreement will be construed as if not containing the provision held to be invalid, and the rights and obligations of the parties will be construed and enforced accordingly.

Appears in 8 contracts

Samples: Phantom Unit Agreement (Arc Logistics Partners LP), Phantom Unit Agreement (PetroLogistics LP), Restricted Unit Agreement for Non Employee Directors (Eagle Rock Energy Partners L P)

Copy of Plan. By the execution of this Agreement, the Service Provider Employee acknowledges receipt of a copy of the Plan. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any applicable law, then such provision will be deemed to be modified to the minimum extent necessary to render it legal, valid and enforceable; and if such provision cannot be so modified, then this Agreement will be construed as if not containing the provision held to be invalid, and the rights and obligations of the parties will be construed and enforced accordingly.

Appears in 4 contracts

Samples: Phantom Unit Agreement (PetroLogistics LP), Restricted Unit Agreement (PetroLogistics LP), Restricted Unit Agreement (PetroLogistics LP)

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Copy of Plan. By the execution of this Agreement, the Service Provider acknowledges receipt of a copy of the Plan. If any provision of this Agreement is held to be illegal, invalid or unenforceable under any applicable law, then such provision will be deemed to be modified to the minimum extent necessary to render it legal, valid and enforceable; and if such provision cannot be so modified, then this Agreement will be construed as if not containing the provision held to be invalid, and the rights and obligations of the parties will be construed and enforced accordingly. 10.

Appears in 1 contract

Samples: Phantom Unit Agreement

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