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: Employment Agreement (Frontier Communications Parent, Inc.), Employment Agreement (Frontier Communications Parent, 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 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 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 8 contracts

Samples: Restricted Stock Unit Grant Agreement (Gorman Rupp Co), Employment Agreement (Tenet Healthcare Corp), Employment Agreement (Tenet Healthcare Corp)

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 that state.

Appears in 7 contracts

Samples: Employment Agreement (Hornbeck Offshore Services Inc /La), Employment Agreement (Hornbeck Offshore Services Inc /La), Employment Agreement (Hornbeck Offshore Services Inc /La)

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 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 (King Capital Holdings Inc), Employment Agreement (Flexpetz Holdings Inc), Employment Agreement (Rockelle Corp.)

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 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, 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 2 contracts

Samples: Severance Agreement (P&f Industries Inc), Executive Employment Agreement (Tyco Healthcare Ltd.)

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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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.)

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