Each party agrees that it will perform its obligations hereunder in   accordance with all applicable laws, rules and regulations now or hereafter in effect. If   any term or provision of this Agreement shall be found to be wholly illegal, invalid or   unenforceable in any jurisdiction, the remainder of this Agreement shall be given full   effect as if such provision were stricken. In the event any term or provision of this   Agreement shall be held overbroad in any respect, then such term or provision shall be   narrowed, modified or limited by a court only to the extent necessary to make such   provision or term enforceable while effectuating the intent of the parties herein   expressed.