Common use of Legal Construction Clause in Contracts

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 240 contracts

Samples: Inducement Restricted Stock Award Agreement (InspireMD, Inc.), Inducement Restricted Stock Award Agreement (InspireMD, Inc.), Inducement Restricted Stock Award Agreement (InspireMD, Inc.)

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Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 99 contracts

Samples: Incentive Stock Option Agreement (Alkami Technology, Inc.), Incentive Stock Option Agreement (Alkami Technology, Inc.), Non Statutory Stock Option Agreement (Omega Protein Corp)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement Agreement, and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 74 contracts

Samples: Consulting Agreement (Avantax, Inc.), Nonqualified Stock Option Agreement (Eightco Holdings Inc.), Restricted Stock Unit Award Agreement (Paycom Software, Inc.)

Legal Construction. In the event that any one or more of the terms, provisions, provisions or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, illegal or unenforceable in any respect for any reason, the invalid, illegal, illegal or unenforceable term, provision, provision or agreement shall not affect any other term, provision, provision or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, illegal or unenforceable term, provision, provision or agreement had never been contained herein.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Retractable Technologies Inc), Non Qualified Stock Option Agreement (Siena Holdings Inc), Non Qualified Stock Option Agreement (Siena Holdings Inc)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction jurisdiction, with respect to any and all claims under the Agreement, to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Snap Interactive, Inc), Restricted Stock Award Agreement (Plains Capital Corp), Restricted Stock Award Agreement (Plains Capital Corp)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction any arbitrator to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 3 contracts

Samples: Nonqualified Stock Option Award Agreement (Callon Petroleum Co), Callon Petroleum Company Performance Share Award Agreement (Callon Petroleum Co), Nonqualified Stock Option Agreement (Cano Petroleum, Inc)

Legal Construction. In the event that any one or more ------------------ of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 2 contracts

Samples: Stock Option Agreement (Fradella Frank A), Stock Option Agreement (American Eco Corp)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by either a court of competent jurisdiction jurisdiction, with respect to claims under Section 7, or by an arbitrator, with respect to all other claims under the Agreement, to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 2 contracts

Samples: Employment Agreement (Supreme Industries Inc), Restricted Stock Award Agreement (Summit Bancshares Inc /Tx/)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by either a court of competent jurisdiction jurisdiction, with respect to Claims under Section 7, or by an arbitrator, with respect to all other Claims under the Agreement, to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Supreme Industries Inc), Restricted Stock Award Agreement (Supreme Industries Inc)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein. 15.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (Physicians Realty L.P.), Restricted Share Unit Award Agreement (Physicians Realty Trust)

Legal Construction. In the event that any one or more of the -------------------- terms, provisions, or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Pizza Inn Inc /Mo/)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are provisions contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, illegal or unenforceable in any respect for any reason, the invalid, illegal, illegal or unenforceable term, provision, or agreement provisions shall not affect any other term, provision, or agreement that is contained in provision of this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, illegal or unenforceable term, provision, or agreement provision had never been contained herein. No provision of this Agreement shall be deemed to have been waived by either party unless the waiver is in writing and signed by the Parties.

Appears in 1 contract

Samples: Agreement for The (Retractable Technologies Inc)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.is

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cisco Systems Inc)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction an arbitrator to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (REV Group, Inc.)

Legal Construction. In the event that any one or more of the ------------------ terms, provisions, or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, provision or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cellstar Corp)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction jurisdiction, with respect to any and all claims under this Agreement, to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement Agreement, and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Snap Interactive, Inc)

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Legal Construction. In the event that any one or more of the terms, ------------------- provisions, or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cellstar Corp)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by either a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Stock Restriction Agreement (COPsync, Inc.)

Legal Construction. In the event that any one or more of the terms, provisions, provisions or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, illegal or unenforceable in any respect for any reason, the invalid, illegal, illegal or unenforceable term, provision, provision or agreement shall not affect any other term, provision, provision or agreement that is contained in this Agreement Agreement, and this Agreement shall be construed in all respects as if the invalid, illegal, illegal or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Employee Award Agreement (Venus Exploration Inc)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, provision or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Kitty Hawk Inc)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.. Performance-Based Award

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Matador Resources Co)

Legal Construction. In the event that any one or more of the terms, ------------------ provisions, or agreements that are contained in this Agreement shall be held by a court Court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Cellstar Corp)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein. 19.

Appears in 1 contract

Samples: Independence Contract Drilling, Inc.

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, illegal or unenforceable term, provision, or agreement shall not affect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Plan Sponsorship Agreement (Teton Energy Corp)

Legal Construction. In the event that any one or more of the terms, provisions, or agreements that are contained in this Agreement shall be held by a court of competent jurisdiction to be invalid, illegal, or unenforceable in any respect for any reason, the invalid, illegal, illegal or unenforceable term, provision, or agreement shall not affect effect any other term, provision, or agreement that is contained in this Agreement and this Agreement shall be construed in all respects as if the invalid, illegal, or unenforceable term, provision, or agreement had never been contained herein.

Appears in 1 contract

Samples: Plan Sponsorship Agreement (Teton Energy Corp)

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