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HPQ » Topics » Severability.

This excerpt taken from the HPQ 8-K filed Nov 23, 2005.
Severability.  If any portion of this Plan is deemed to be in conflict with local law, that portion of the Plan, and that portion only, will be deemed void under local law.  All other provisions of the Plan will remain in effect.  Furthermore, if any  provision  of this Plan would  cause  Bonuses not to  constitute Performance-Based  Compensation, that  provision  shall be severed from, and shall be deemed not to be a part of, the Plan, but the other provisions hereof shall remain in full force and effect.

 

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