Common use of Assignability and Binding Effect Clause in Contracts

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, successors and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation and its successors and assigns. The Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or any of his rights or obligations hereunder, and any such attempted delegation or disposition shall be null and void and without effect.

Appears in 10 contracts

Samples: Employment Agreement (XML Global Technologies Inc), Employment Agreement (Programmers Paradise Inc), Employment Agreement (Mediconsult Com Inc)

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Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon on the heirs, executors, administrators, successors and legal representatives of the Executive, Executive and shall inure to the benefit of and be binding upon on the Corporation Company and its successors and assigns. The , but the obligations of Executive under this Agreement may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose be delegated by any purported assignment of this Agreement, or any of his rights or obligations hereunder, and any such attempted delegation or disposition shall be null and void and without effectAgreement by Executive.

Appears in 6 contracts

Samples: Employment Agreement (808 Renewable Energy Corp), Employment Agreement (Gallery Management Holding Corp), Employment Agreement (Ethos Environmental, Inc.)

Assignability and Binding Effect. This Agreement shall will be binding upon and inure to the benefit of the Executive and shall his heirs, legal representatives, executors, administrators or successors, and will be binding upon the heirs, executors, administrators, successors and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation Company and its successors and assigns. The Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or any of his rights or obligations hereunder, and any such attempted delegation assignment or disposition shall be null and void and without effect.

Appears in 4 contracts

Samples: Executive Employment Agreement (BioRestorative Therapies, Inc.), Executive Employment Agreement (BioRestorative Therapies, Inc.), Executive Employment Agreement (BioRestorative Therapies, Inc.)

Assignability and Binding Effect. This Agreement shall will be binding upon and inure to the benefit of the Executive and shall his heirs, legal representatives, executors, administrators or successors, and will be binding upon the heirs, executors, administrators, successors and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation Company and its successors and assigns. The Parties acknowledge and agreement that this Agreement is freely assignable by the Company and that the Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or any of his rights or obligations hereunder, and any such attempted delegation assignment or disposition shall be null and void and without effect.

Appears in 4 contracts

Samples: Executive Employment Agreement (BioRestorative Therapies, Inc.), Executive Employment Agreement (BioRestorative Therapies, Inc.), Executive Employment Agreement (BioRestorative Therapies, Inc.)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, successors and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation Company and its successors and assigns. The Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or any of his rights or obligations hereunder, and any such attempted delegation or disposition shall be null and void and without effect.

Appears in 3 contracts

Samples: Employment Agreement (Medsite Com Inc), Employment Agreement (Medsite Com Inc), Employment Agreement (Medsite Com Inc)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, successors administrators and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation Company and its successors and assigns. The , but the Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or assign any of his rights or obligations hereunder, and any such attempted delegation or disposition shall be null and void and without effect.

Appears in 2 contracts

Samples: Confidentiality Agreement (Ce Software Inc), Confidentiality Agreement (Ce Software Holdings Inc)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, successors and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation and its successors and assigns. The successors, but the obligations of Executive hereunder may not assignbe assigned to another person, transfer, pledge, encumber, hypothecate firm or otherwise dispose of this Agreement, or any of his rights or obligations hereunder, and any such attempted delegation or disposition shall corporation nor may they be null and void and without effectdelegated.

Appears in 2 contracts

Samples: Agreement (Leucadia National Corp), Agreement (Leucadia National Corp)

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Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, successors administrators and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation Company and its successors and assigns. The Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, Agreement or any of his rights or obligations hereunder, and the Company may not assign this Agreement (whether by contract, operation of law or otherwise) without the prior written consent of the Executive and, in each case, any such attempted delegation or disposition shall be null and void and without effect.

Appears in 2 contracts

Samples: Employment and Consulting Agreement (Data Research Associates Inc), Employment and Consulting Agreement (McGuire Acquisition Inc)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, successors and legal representatives representative of the Executive, and shall inure to the benefit of and be binding upon the Corporation and its successors and assigns. The Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or any of his rights or obligations hereunder, and any such attempted delegation or disposition shall be null and void and without effect.

Appears in 1 contract

Samples: Employment Agreement (Programmers Paradise Inc)

Assignability and Binding Effect. This Agreement shall will be binding upon and inure to the benefit of the Executive and shall his/her heirs, legal representatives, executors, administrators or successors, and will be binding upon the heirs, executors, administrators, successors and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation Company and its successors and assigns. The Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or any of his his/her rights or obligations hereunder, and any such attempted delegation assignment or disposition shall be null and void and without effect.

Appears in 1 contract

Samples: Executive Employment Agreement (Stem Cell Assurance, Inc.)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, successors and legal representatives of the Executive, and shall inure to the benefit of and be binding upon the Corporation Company and its successors and assigns. The Notwithstanding the foregoing, the obligations of Executive may not be delegated and Executive may not assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement, or any of his rights or obligations hereunder, and any such attempted delegation or disposition shall be null and void and without effect.

Appears in 1 contract

Samples: Employment Agreement (Careadvantage Inc)

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