Assignability; Binding Effect. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned by the Executive. This Agreement may not be assigned by the Company except in connection with a merger or a sale by the Company of all or substantially all of its assets and then only provided the assignee specifically assumes in writing all of the Company's obligations hereunder.
Appears in 6 contracts
Samples: Employment Agreement (Nathans Famous Inc), Employment Agreement (Nathans Famous Inc), Merger Agreement (Nathans Famous Inc)
Assignability; Binding Effect. This Agreement shall not be assignable by either party, except that it may be assigned by the Company to an acquiror of all or substantially all of the assets of the Company or other successor to the Company, subject to your rights arising from a Change of Control as provided in Exhibit A and your other rights hereunder. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's you, your legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit and detriment of the Company, its successors and assigns. This Agreement may not be assigned by the Executive. This Agreement may not be assigned by the Company except in connection with a merger or a sale by the Company of all or substantially all of its assets and then only provided the assignee specifically assumes in writing all of the Company's obligations hereunder.
Appears in 6 contracts
Samples: Employment Agreement (C&d Technologies Inc), Employment Agreement (C&d Technologies Inc), Employment Agreement (C&d Technologies Inc)
Assignability; Binding Effect. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned by the Executive. This Agreement may not be assigned by the Company except in connection with a merger or a sale by the Company of all or substantially all of its assets assets, and then only provided that the assignee specifically assumes in writing all of the Company's obligations hereunder.
Appears in 5 contracts
Samples: Employment Agreement (24/7 Real Media Inc), Employment Agreement (24/7 Media Inc), Employment Agreement (24/7 Media Inc)
Assignability; Binding Effect. This Agreement shall not be assigned by you without the written consent of the Board of Directors of the Company. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's you, your legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned by the Executive. This Agreement may not be assigned by the Company except in connection with a merger or a sale by the Company of all or substantially all of its assets and then only provided the assignee specifically assumes in writing all of the Company's obligations hereunder.
Appears in 4 contracts
Samples: Employment Agreement (C&d Technologies Inc), Employment Agreement (Charter Power Systems Inc), Employment Agreement (Charter Power Systems Inc)
Assignability; Binding Effect. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned by the Executive. This Agreement may not be assigned by the Company Company, except in connection with a merger or a sale by the Company of all or substantially all of its assets and then and, in such event, only provided on the condition that the assignee specifically assumes in writing all of the Company's obligations hereunderunder this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Cylink Corp /Ca/), Employment Agreement (Cylink Corp /Ca/), Executive Retention Agreement (Cylink Corp /Ca/)
Assignability; Binding Effect. This Agreement shall be is binding upon upon, and inure inures to the benefit of Executive and of, the Executive's legal representatives, heirs and distributees, and shall be binding upon and inure to ; the benefit obligations of the Company, its successors Executive hereunder are personal and assigns. This this Agreement may not be assigned by the Executive. This Agreement may not be assigned by is binding upon, and inures to the benefit of, the Company except in connection with a and shall also bind and inure to the benefit of any successor of the Company by merger or a sale by the Company consolidation or any assignee of all or substantially all of its assets and then only provided the assignee specifically assumes in writing all properties, but, except to any such successor or assignor of the Company's obligations hereunder, this Agreement may not be assigned by the Company.
Appears in 3 contracts
Samples: Transition and Consulting Agreement, Transition and Consulting Agreement (Harte Hanks Inc), Transition and Consulting Agreement (Harte Hanks Inc)
Assignability; Binding Effect. This Agreement shall be binding upon and inure to the benefit of Executive Employee and Executive's Employee’s legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned by the ExecutiveEmployee. This Agreement may not be assigned by the Company except in connection with a merger or a sale by the Company of all or substantially all of its assets and then only provided the assignee specifically assumes in writing all of the Company's obligations hereunder.
Appears in 2 contracts
Samples: Change in Control Severance Agreement (Nu Horizons Electronics Corp), Change in Control Severance Agreement (Nu Horizons Electronics Corp)
Assignability; Binding Effect. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned assignable by the Executive. This Agreement may not shall be assigned assignable by the Company except only in connection with a merger sale or a sale by the Company other transfer of all or substantially all of its the assets and then only provided the assignee specifically assumes in writing all of the Company's obligations hereunderCompany or the portion of such assets of the Company with which the Executive is primarily employed. This Agreement shall inure to the benefit and be binding upon the personal or legal representatives, executors, administrator, successors, heirs, distributees, devisees, legatees and permitted assignees of the parties hereto.
Appears in 1 contract
Assignability; Binding Effect. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's ’s legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned by the Executive. This Agreement may not be assigned by the Company except in connection with a merger or a sale by the Company of all or substantially all of its assets and then only provided the assignee specifically assumes in writing all of the Company's obligations hereunder.
Appears in 1 contract
Samples: Employment Agreement (Nu Horizons Electronics Corp)
Assignability; Binding Effect. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned by the Executive. This Agreement may not be assigned by the Company Company, except in connection with a merger or a sale by the Company of all or substantially all of its assets and then only provided the assignee specifically assumes in writing all of the Company's obligations hereunder.
Appears in 1 contract
Assignability; Binding Effect. This Agreement shall not be assignable by Employee. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's Employee, his legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may not be assigned by the Executive. This Agreement may not be assigned by the Company except in connection with a merger or a sale by the Company of all or substantially all of its assets and then only provided the assignee specifically assumes in writing all of the Company's obligations hereunder.
Appears in 1 contract
Assignability; Binding Effect. This Agreement shall be binding upon and inure to the benefit of Executive and Executive's legal representatives, heirs and distributees, and shall be binding upon and inure to the benefit of the Company, its successors and assigns. This Agreement may Contract of Employment William P. Crowell Rexxxxxx Xxxxxxxxx 0, 2001 not be assigned by the Executive. This Agreement may not be assigned by the Company Company, except in connection with a merger or a sale by the Company of all or substantially all of its assets and then and, in such event, only provided on the condition that the assignee specifically assumes in writing all of the Company's obligations hereunderunder this Agreement.
Appears in 1 contract