Common use of Severability; Construction Clause in Contracts

Severability; Construction. In the event that any provision in this Option shall be invalid or unenforceable, such provision shall be severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of this Option. This Option shall be construed as to its fair meaning and not for or against either party.

Appears in 29 contracts

Samples: Stock Option Agreement (Samaritan Pharmaceuticals Inc), Stock Option Agreement (Samaritan Pharmaceuticals Inc), Stock Option Agreement (Samaritan Pharmaceuticals Inc)

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Severability; Construction. In the event that any provision in this Option Agreement shall be invalid or unenforceable, such provision shall be severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of this OptionAgreement. This Option Agreement shall be construed as to its fair meaning and not for or against either party.

Appears in 27 contracts

Samples: Restricted Stock Agreement (MAP Pharmaceuticals, Inc.), Stock Option Agreement (Xsunx Inc), Stock Option Agreement (Xsunx Inc)

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Severability; Construction. In the event that any provision in this Option shall be invalid or unenforceable, such provision shall be severable from, severed from and such invalidity or unenforceability shall not be construed to have any effect on, on the remaining provisions of this Option. This Option shall be construed as to its fair meaning and not for or against either party.

Appears in 10 contracts

Samples: Encore Acquisition Company Non Qualified Stock Option Agreement (Encore Acquisition Co), Nqso Agreement (Encore Acquisition Co), Non Qualified Stock Option Agreement (Encore Acquisition Co)

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