Common use of Validity Clause in Contracts

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 368 contracts

Samples: Executive Employment Agreement (Cen Biotech Inc), Change in Control Agreement (Cooper Companies Inc), Change in Control Agreement (Via Pharmaceuticals, Inc.)

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Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 64 contracts

Samples: Change of Control Severance Agreement (Sunovia Energy Technologies Inc), Severance Agreement (Harman International Industries Inc /De/), Change of Control Severance Agreement (Chaparral Energy, Inc.)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or and legal.

Appears in 35 contracts

Samples: Employment Agreement (Lubrizol Corp), Employment Agreement (LUBRIZOL Corp), Employment Agreement (Diebold Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (extent, and only to the extent) , necessary to make it enforceable, valid or legal.

Appears in 28 contracts

Samples: Indemnification Agreement (MSC Industrial Direct Co Inc), Indemnification Agreement (Neah Power Systems, Inc.), Consulting Contract (CelLynx Group, Inc.)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable invalid or otherwise illegalunenforceable, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, invalid or unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid enforceable or legalvalid.

Appears in 22 contracts

Samples: Employment Agreement (HealthMarkets, Inc.), Employment Agreement (HealthMarkets, Inc.), Employment Agreement (HealthMarkets, Inc.)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable unenforceable, or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid valid, or legal.

Appears in 15 contracts

Samples: Executive Severance Agreement (Scan Optics Inc), Executive Severance Agreement (Scan Optics Inc), Executive Severance Agreement (Scan Optics Inc)

Validity. If any provision of this Agreement or the application of -------- any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 13 contracts

Samples: Control Severance Agreement (Sterling Software Inc), Control Severance Agreement (Sterling Software Inc), Control Severance Agreement (Sterling Software Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to in any other person or circumstances will shall not be affected, and the provision provisions so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or and legal.

Appears in 12 contracts

Samples: Share Agreement (Diebold Inc), Performance Share Agreement (Diebold Inc), Shares Agreement (Diebold Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 10 contracts

Samples: Employment Agreement (JOINT Corp), Non Competition and Severance Agreement (Valentec Systems, Inc), Employment Agreement (JOINT Corp)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this the Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 10 contracts

Samples: Executive Employment Agreement (Brazil Interactive Media, Inc.), Executive Employment Agreement (ONE Bio, Corp.), Executive Employment Agreement (ONE Bio, Corp.)

Validity. If any provision of this Agreement or the application of -------- any provision hereof to any person or circumstances is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable unenforceable, or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid valid, or legal.

Appears in 8 contracts

Samples: Executive Severance Agreement (Advo Inc), Executive Severance Agreement (Advo Inc), Executive Severance Agreement (Advo Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or under any circumstances will shall not be affected, and the provision provisions so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or and legal.

Appears in 8 contracts

Samples: Performance Share Agreement (Diebold Inc), Performance Share Agreement (DIEBOLD NIXDORF, Inc), Common Shares Award Agreement (Diebold Inc)

Validity. If any provision of this Agreement or the application of any -------- provision hereof to any person or circumstances is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable unenforceable, or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid valid, or legal.

Appears in 7 contracts

Samples: Executive Severance Agreement (Advo Inc), Severance Agreement (Advo Inc), Executive Severance Agreement (Advo Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable invalid or otherwise illegalunenforceable, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable invalid or otherwise illegal unenforceable will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid enforceable or legalvalid.

Appears in 7 contracts

Samples: Severance Agreement (Sherwin Williams Co), Change in Control Severance Agreement (Polypore International, Inc.), Severance Agreement (Sherwin Williams Co)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent extend (and only to the extent) necessary to make it enforceable, valid valid, or legal.

Appears in 6 contracts

Samples: Control Executive Severance Agreement (Advo Inc), Change in Control Executive Severance Agreement (Advo Inc), Change in Control Executive Severance Agreement (Advo Inc)

Validity. If any provision of this Agreement or the application of any -------- provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 6 contracts

Samples: Employment Agreement (Scottish Annuity & Life Holdings LTD), Employment Agreement (Scottish Annuity & Life Holdings LTD), Employment Agreement (Scottish Annuity & Life Holdings LTD)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable unenforceable, or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or valid, and legal.

Appears in 6 contracts

Samples: Agreement (Red Roof Inns Inc), And Restated Agreement (Red Roof Inns Inc), Agreement (Red Roof Inns Inc)

Validity. If any provision of this Agreement or the application -------- of any provision hereof to any person or circumstances is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable unenforceable, or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid valid, or legal.

Appears in 6 contracts

Samples: Executive Severance Agreement (Advo Inc), Severance Agreement (Advo Inc), Executive Severance Agreement (Advo Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal. 15.

Appears in 4 contracts

Samples: 2 Severance Agreement (Outboard Marine Corp), 1 Severance Agreement (Outboard Marine Corp), 3 Severance Agreement (Outboard Marine Corp)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 4 contracts

Samples: Executive Employment Agreement (Costco Wholesale Corp /New), Executive Employment Agreement (Costco Wholesale Corp /New), Executive Employment Agreement (Costco Wholesale Corp /New)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegalillegal by any court of competent jurisdiction, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (extent, and only to the extent) , necessary to make it enforceable, valid or legal.

Appears in 3 contracts

Samples: Indemnification Agreement (Volt Information Sciences, Inc.), Indemnification Agreement (Volt Information Sciences, Inc.), Indemnification Agreement (Volt Information Sciences, Inc.)

Validity. If any provision of this Agreement or the -------- application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 3 contracts

Samples: Competition and Severance Agreement (Americasdoctor Com Inc), Non Competition and Severance Agreement (Americasdoctor Com Inc), Employment, Confidentiality and Non Competition Agreement (Americasdoctor Com Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable unenforceable, or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid valid, or legal.

Appears in 3 contracts

Samples: Severance Agreement (Federated Department Stores Inc /De/), Severance Agreement (Federated Department Stores Inc /De/), Directors and Officers Indemnification Agreement (Omega Healthcare Investors Inc)

Validity. If any provision of this Agreement or the application -------- of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 2 contracts

Samples: 15 Severance Agreement (Americasdoctor Com Inc), Competition and Severance Agreement (Americasdoctor Com Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or and legal.

Appears in 2 contracts

Samples: Employment Agreement (Cleveland Cliffs Inc), Employment Agreement (Cleveland Cliffs Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceablevalid, valid or enforceable and legal.

Appears in 2 contracts

Samples: Severance Agreement (Bridgepoint Education Inc), Severance Agreement (Bridgepoint Education Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person Person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person Person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 2 contracts

Samples: Employment Agreement (Ribbon Communications Inc.), Employment Agreement (Ribbon Communications Inc.)

Validity. If any provision of this Agreement or the application of any -------- provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 2 contracts

Samples: Non Competition and Severance Agreement (Americasdoctor Com Inc), Non Competition Agreement (Americasdoctor Com Inc)

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Validity. If any provision provisions of this Agreement or the application of -------- any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or and legal.

Appears in 2 contracts

Samples: Employment Agreement (Mobile Telecommunication Technologies Corp), Employment Agreement (Mobile Telecommunication Technologies Corp)

Validity. (a) If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 2 contracts

Samples: Employment Agreement (Gliatech Inc), Gliatech Inc

Validity. If any provision provisions of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or and legal.

Appears in 2 contracts

Samples: Employment and Stock Compensation Agreement (Friede Goldman International Inc), Employment Agreement (Friede Goldman International Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable invalid or otherwise illegalunenforceable, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable invalid or otherwise illegal unenforceable will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid enforceable or legal.valid. EXHIBIT 10.2

Appears in 1 contract

Samples: Severance Agreement (Washington Group International Inc)

Validity. If any provision of this Agreement or the --------- application of any provision hereof to any person or circumstances is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable unenforceable, or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid valid, or legal.

Appears in 1 contract

Samples: Management Succession and Consulting Agreement (Aquarion Co)

Validity. If any provision of this Agreement or the this application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed informed to the extent (and only to the extent) necessary to make it enforceable, valid or and legal.

Appears in 1 contract

Samples: Severance Agreement (Nu Kote Holding Inc /De/)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise otherwise. illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 1 contract

Samples: Employment Agreement (Mobile Mini Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 1 contract

Samples: Employment Agreement (Syndicated Food Service International Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person Person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person Person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or and legal.

Appears in 1 contract

Samples: Employment Agreement (Hanna M a Co/De)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable unenforceable, or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or valid, and legal.

Appears in 1 contract

Samples: Retention Agreement (Nu Kote Holding Inc /De/)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 1 contract

Samples: Indemnification Agreement (Theragenics Corp)

Validity. If any provision of this Agreement or the application of or any provision hereof to any person Person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person Person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 1 contract

Samples: Severance Agreement (Ribbon Communications Inc.)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal. 16.

Appears in 1 contract

Samples: Severance Agreement (Harman International Industries Inc /De/)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.it

Appears in 1 contract

Samples: Change in Control Agreement (Weider Nutrition International Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will shall not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.a

Appears in 1 contract

Samples: Change in Control Agreement (Southwest Bancorp of Texas Inc)

Validity. If any provision of this Agreement or the application of any provision hereof to any person or circumstances is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances will not be affected, affected and the provision so held to be invalid, invalid unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 1 contract

Samples: Control Severance Agreement (Dte Energy Co)

Validity. If any provision of this Agreement or the application of -------- any provision hereof to any person or circumstances circumstance is held invalid, unenforceable or otherwise illegal, the remainder of this Agreement and the application of such provision to any other person or circumstances circumstance will not be affected, and the provision so held to be invalid, unenforceable or otherwise illegal will be reformed to the extent (and only to the extent) necessary to make it enforceable, valid or legal.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Greenmountain Com Co)

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