Covenants Generally. (a) The Executive’s covenants as set forth in Sections 4 through 9 of this Agreement are from time to time referred to herein as the “Covenants”. If any of the Covenants is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such Covenant shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining such Covenants shall not be affected thereby; provided, however, that if any of such Covenants is finally held to be invalid, illegal or unenforceable because it exceeds the maximum scope determined to be acceptable to permit such provision to be enforceable, such Covenant shall be deemed to be modified to the minimum extent necessary to modify such scope in order to make such provision enforceable hereunder.
Appears in 25 contracts
Samples: And Other Covenants (Lazard, Inc.), And Other Covenants (Lazard Group LLC), Agreement (Lazard LTD)
Covenants Generally. (a) The Executive’s covenants as set forth in Sections 4 through 9 of this Agreement are from time to time referred to herein as the “Covenants”. .” If any of the Covenants is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such Covenant shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining such Covenants shall not be affected thereby; provided, however, that if any of such Covenants is finally held to be invalid, illegal or unenforceable because it exceeds the maximum scope determined to be acceptable to permit such provision to be enforceable, such Covenant shall be deemed to be modified to the minimum extent necessary to modify such scope in order to make such provision enforceable hereunder.
Appears in 12 contracts
Samples: Form of Agreement (Lazard LTD), Retention And (Lazard Group LLC), Retention And (Lazard LTD)
Covenants Generally. (a) The ExecutiveWorking Partner’s covenants as set forth in Sections 4 through 9 of this Agreement are from time to time referred to herein as the “Covenants”. .” If any of the Covenants is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such Covenant shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining such Covenants shall not be affected thereby; provided, however, that if any of such Covenants is finally held to be invalid, illegal or unenforceable because it exceeds the maximum scope determined to be acceptable to permit such provision to be enforceable, such Covenant shall be deemed to be modified to the minimum extent necessary to modify such scope in order to make such provision enforceable hereunder.
Appears in 3 contracts
Samples: Agreement (Lazard LTD), Agreement (Lazard Group LLC), Agreement (Lazard LTD)
Covenants Generally. (a) The Executive’s 's covenants as set forth in Sections 4 through 9 the preceding paragraphs of this Agreement are from time to time referred to herein as the “"Covenants”. ." If any of the Covenants is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such Covenant shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining such Covenants shall not be affected thereby; provided, however, that if any of such Covenants is finally held to be invalid, illegal or unenforceable because it exceeds the maximum scope determined to be acceptable to permit such provision to be enforceable, such Covenant shall will be deemed to be modified to the minimum extent necessary to modify such scope in order to make such provision enforceable hereunder.
Appears in 2 contracts
Samples: Agreement (Goldman Sachs Group Inc), Agreement (Goldman Sachs Group Inc)
Covenants Generally. (a) The Executive’s Covenantor's covenants as set forth in Sections 4 through 9 the preceding paragraphs of this Agreement are from time to time referred to herein as the “Covenants”. "COVENANTS." If any of the Covenants is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such Covenant shall be deemed modified to the extent, but only to the extent, of such invalidity, illegality or unenforceability and the remaining such Covenants shall not be affected thereby; provided, however, that if any of such Covenants is finally held to be invalid, illegal or unenforceable because it exceeds the maximum scope determined to be acceptable to permit such provision to be enforceable, such Covenant shall will be deemed to be modified to the minimum extent necessary to modify such scope in order to make such provision enforceable hereunder.
Appears in 1 contract
Samples: Agreement (Labranche & Co Inc)