Common use of Effect of Void Provision Clause in Contracts

Effect of Void Provision. If the Company or I successfully assert that any provision in this Agreement is void, the rest of the Agreement shall remain valid and enforceable unless the other party to this Agreement elects to cancel it. If this Agreement is cancelled, I will repay the consideration I received for signing it.

Appears in 4 contracts

Samples: Offer Letter (Transgenomic Inc), Severance Agreement and General Release (AeroVironment Inc), Employment Agreement (Unico American Corp)

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Effect of Void Provision. If the Company or I successfully assert that any provision in this Agreement is void, the rest of the Agreement shall will remain valid and enforceable unless the other party to this Agreement elects to cancel it; provided, however, that if the Company asks me to sign a new document containing a legal and enforceable replacement provision in lieu of canceling the Agreement, I promise that I will do so. If this Agreement is cancelledcanceled, I will repay the consideration any payments or benefits I received for signing it.

Appears in 2 contracts

Samples: Separation Agreement (CareDx, Inc.), Separation Agreement (CareDx, Inc.)

Effect of Void Provision. If the Company or I successfully assert that any provision in this Agreement is void, the rest of the Agreement shall remain valid and enforceable unless the other party to this Agreement elects to cancel it. If this Agreement is cancelled, I will repay the consideration I received for signing it.

Appears in 2 contracts

Samples: Independent Contractor Services Agreement, Independent Contractor Services Agreement (Big 5 Sporting Goods Corp)

Effect of Void Provision. If the Company or I successfully assert that any provision in this Agreement is voidvoid or otherwise unenforceable, the rest of the Agreement shall remain valid and enforceable to the maximum extent permitted by law, unless the other non-asserting party to this Agreement elects to cancel it. If this Agreement is cancelled, I will repay the consideration I received for signing it.

Appears in 2 contracts

Samples: Separation and Release Agreement (Amkor Technology, Inc.), Agreement and Release (Amkor Technology, Inc.)

Effect of Void Provision. If the Company successfully asserts, or I successfully assert assert, that any provision in this Agreement is void, the rest of the Agreement shall remain valid and enforceable unless the other party to this Agreement elects to cancel it. If this Agreement is cancelled, I will repay the consideration I received for signing itit plus the value of any stock options or restricted stock awards that vested as a result of the delay in the occurrence of a Termination of Service that resulted from the parties entering into the consulting agreement contemplated herein.

Appears in 1 contract

Samples: Separation Agreement (AeroVironment Inc)

Effect of Void Provision. If the Company or I successfully assert that any provision in this Agreement is voidvoid or otherwise unenforceable, the rest of the Agreement shall remain valid and enforceable to the maximum extent permitted by law, unless the other non-asserting party to this Agreement elects to cancel itthis Agreement. If this Agreement is cancelled, I will repay the consideration I received for signing it.

Appears in 1 contract

Samples: Separation and Release Agreement (Amkor Technology, Inc.)

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Effect of Void Provision. If the Company or I successfully assert that any provision in this Agreement is void, the rest of the Agreement shall remain valid and enforceable unless the other party to this Agreement elects to cancel it. If this Agreement is cancelled, I will repay the consideration amount I received for signing it.

Appears in 1 contract

Samples: Employment Agreement (CrossAmerica Partners LP)

Effect of Void Provision. If the Company Bank or I successfully assert that any provision in this Agreement is void, the rest of the Agreement shall remain valid and enforceable unless the other party to this Agreement elects to cancel it. If this Agreement is cancelled, I will repay the consideration I received for signing it.

Appears in 1 contract

Samples: And Release Agreement (North Central Bancshares Inc)

Effect of Void Provision. If the Company or I you successfully assert that any provision in this Agreement is void, the rest of the Agreement shall remain valid and enforceable unless the other party to this Agreement elects to cancel it. If this Agreement is cancelled, I will repay the consideration I received for signing itenforceable.

Appears in 1 contract

Samples: Pepsico Inc

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