Common use of Reform Clause in Contracts

Reform. If any of Sections 1(a) – 1(c) are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which the restriction applies, it is the intent of both parties that the court reduce and reform the restriction so as to apply the greatest limitations considered enforceable by the court.

Appears in 26 contracts

Sources: Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.), Performance Share Units Award Agreement (PNC Financial Services Group, Inc.), Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

Reform. If any of Sections 1(a) – 1(c1(a)—1(c) are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which the restriction applies, it is the intent of both parties that the court reduce and reform the restriction so as to apply the greatest limitations considered enforceable by the court.

Appears in 2 contracts

Sources: Cash Payable Incentive Performance Units Award Agreement (PNC Financial Services Group, Inc.), Incentive Performance Units Award Agreement (PNC Financial Services Group, Inc.)

Reform. If any of Sections 1(a) – 1(c8(a)-(c) are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which the restriction applies, it is the intent of both parties that the court reduce and reform the restriction so as to apply the greatest limitations considered enforceable by the court.

Appears in 1 contract

Sources: Service Agreement (NEWMONT Corp /DE/)

Reform. If any of Sections 1(a) - 1(c) are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which the restriction applies, it is the intent of both parties that the court reduce and reform the restriction so as to apply the greatest limitations considered enforceable by the court.

Appears in 1 contract

Sources: Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)