Common use of Severance of Terms Clause in Contracts

Severance of Terms. If any provision of this Award Agreement is or may be held by a court or arbitrator of competent jurisdiction to be invalid, void, or unenforceable to any extent, the validity of the remaining parts, terms, or provisions of this Award Agreement shall not be affected thereby, and such illegal or invalid part, term, or provision shall be deemed not to be part of this Award Agreement. The remaining provisions shall nevertheless survive and continue in full force and effect without being invalidated in any way.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Battalion Oil Corp), Restricted Stock Unit Award Agreement (Battalion Oil Corp), Nonqualified Stock Option Award Agreement (Battalion Oil Corp)

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