Common use of Invalidity; Severability Clause in Contracts

Invalidity; Severability. If any clause or provision of this Agreement shall be adjudged invalid, the same shall not affect the validity of any other clause or provision of this Agreement, or of any other document pertaining to the subject matter thereof, or constitute by reason thereof, any claim or cause of action in favor of Optionee as against the Corporation. In addition, the provisions of this Agreement shall be read and construed and shall have effect as separate, severable and independent provisions or restrictions, and shall be enforceable accordingly.

Appears in 20 contracts

Sources: Stock Option Agreement (Patriot Gold Corp), Stock Option Agreement (Patriot Gold Corp), Stock Option Agreement (Strata Oil & Gas, Inc.)

Invalidity; Severability. If any clause or provision of this Agreement shall be adjudged invalid, the same shall not affect the validity of any other clause or provision of this Agreement, or of any other document pertaining to the subject matter thereof, or constitute by reason thereof, any claim or cause of action in favor of Optionee as against the CorporationCompany. In addition, the provisions of this Agreement shall be read and construed and shall have effect as separate, severable and independent provisions or restrictions, and shall be enforceable accordingly.

Appears in 5 contracts

Sources: Employment Agreement (Base Ten Systems Inc), Service Based Stock Option Agreement (Base Ten Systems Inc), Service Based Stock Option Agreement (Base Ten Systems Inc)

Invalidity; Severability. If any clause or provision of this Agreement shall be adjudged invalid, the same shall not affect the validity of any other clause or provision of this Agreement, or of any other document pertaining to the subject matter thereof, or constitute by reason thereof, any claim or cause of action in favor of Optionee Shareholder as against the Corporation. In addition, the provisions of this Agreement shall be read and construed and shall have effect as separate, severable and independent provisions or restrictions, and shall be enforceable accordingly.

Appears in 3 contracts

Sources: Shareholder Agreement (American Goldfields Inc), Shareholder Agreement (Patriot Gold Corp), Shareholder Agreement (Patriot Gold Corp)