Common use of Reformation Clause in Contracts

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that state.

Appears in 17 contracts

Samples: Unit Grant Agreement (First Advantage Corp), Severance Agreement (YRC Worldwide Inc.), Employment Agreement (Frontier Communications Parent, Inc.)

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Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 8 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that state.

Appears in 10 contracts

Samples: Employment Agreement (Alight, Inc. / Delaware), Employment Agreement (EveryWare Global, Inc.), Performance Share Grant Agreement (Gorman Rupp Co)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 6 through Section 12 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that state.

Appears in 8 contracts

Samples: Employment Agreement (Ultra Petroleum Corp), Employment Agreement (Ultra Petroleum Corp), Employment Agreement (Ultra Petroleum Corp)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 8 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawthe laws of that state, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that state.

Appears in 7 contracts

Samples: Employment Agreement (Numerex Corp /Pa/), Cerecor Inc., Cerecor Inc.

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 7 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that state.

Appears in 7 contracts

Samples: Employment Agreement (Tenet Healthcare Corp), Employment Agreement (Tenet Healthcare Corp), Option Grant Agreement (First Advantage Corp)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 2 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that state.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Packaging Corp of America), Restricted Stock Award Agreement (Packaging Corp of America), Transaction Bonus and Noncompetition Agreement (KLX Inc.)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawthe laws of that state, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws law of that state.

Appears in 6 contracts

Samples: Employment Agreement (BTX Holdings Inc), Employment Agreement (Flexpetz Holdings Inc), Employment Agreement (King Capital Holdings Inc)

Reformation. If it is determined by a court of competent jurisdiction in any state or other jurisdiction that any restriction in this Section 5 6 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawthe laws of that state or other jurisdiction, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws law of that state.

Appears in 4 contracts

Samples: Incentive Unit Grant Agreement (Sovos Brands, Inc.), Incentive Unit Grant Agreement (Sovos Brands, Inc.), Incentive Unit Grant Agreement (Sovos Brands, Inc.)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 6 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawunenforceable, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that statepermitted.

Appears in 4 contracts

Samples: Severance Protection Agreement (Overseas Shipholding Group Inc), Severance Protection Agreement (Overseas Shipholding Group Inc), Severance Protection Agreement (Overseas Shipholding Group Inc)

Reformation. If it is determined by a court of competent jurisdiction in any state or country that any restriction in this Section 5 8 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawthe laws of that state or country, it is the intention of the parties Parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws law of that statestate or country.

Appears in 2 contracts

Samples: Employment Agreement (RedRoller Holdings, Inc.), Employment Agreement (RedRoller Holdings, Inc.)

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Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 6 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of law or that statestats.

Appears in 1 contract

Samples: Employment Agreement

Reformation. If it is determined by a court of competent jurisdiction in any state or other jurisdiction that any restriction in this Section 5 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawthe laws of that state or other jurisdiction, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws law of that state.

Appears in 1 contract

Samples: Unit Grant Agreement (Definitive Healthcare Corp.)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 4 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawthe laws of that state, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws law of that state.

Appears in 1 contract

Samples: Completion Bonus Agreement (KAMAN Corp)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 4 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawthe laws of that state, it is the intention of the parties that then such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that state.

Appears in 1 contract

Samples: Letter Agreement (Presidential Life Corp)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention of the parties Parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that state.

Appears in 1 contract

Samples: Employment Agreement (Diamond Offshore Drilling, Inc.)

Reformation. If it is determined by a court of competent jurisdiction in any state that any restriction in this Section 5 4 is excessive in duration or scope or is unreasonable or unenforceable under applicable lawunenforceable, it is the intention of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted by the laws of that statepermitted.

Appears in 1 contract

Samples: Overseas Shipholding Group Inc

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