Agreement Not Assignable. This Agreement shall be binding upon Employer and its successors and upon the heirs, representatives, executors, and administrators of Executive. This Agreement is not assignable by either party, except that the rights and obligations of this Agreement shall be assumed by any successor of Employer. For purposes of this Section 8, the term “successor” shall include any individual or entity which acquires all or substantially all of the assets of Employer by merger, purchase or otherwise.
Appears in 10 contracts
Samples: Executive Employment Agreement (Colorado Goldfields Inc.), Executive Employment Agreement (Colorado Goldfields Inc.), Executive Employment Agreement (Colorado Goldfields Inc.)
Agreement Not Assignable. This Agreement shall be binding upon Employer and its successors and upon the heirs, representatives, executors, and administrators of Executive. This Agreement is not assignable by either party, except that the rights and obligations of this Agreement shall be assumed by any successor of Employer. For purposes of this Section 812, the term “"successor” " shall include any individual or entity which acquires all or substantially all of the assets of Employer by merger, purchase or otherwise.
Appears in 2 contracts
Samples: Executive Employment Agreement (Plangraphics Inc), Executive Employment Agreement (Plangraphics Inc)
Agreement Not Assignable. This Agreement shall be binding upon Employer and its successors and upon the heirs, representatives, executors, and administrators of Executive. This Agreement is not assignable by either party, except that the rights and obligations of this Agreement shall be assumed by any successor of Employer. For purposes of this Section 812, the term “successor” "Successor" shall include any individual or entity which acquires all or substantially all of the assets of Employer by merger, purchase or otherwise.
Appears in 1 contract
