Common use of Assignability; Binding Nature Clause in Contracts

Assignability; Binding Nature. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors, heirs (in the case of Employee) and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company, except in connection with a Change in Control where the assignee or transferee agrees, in writing, to assume such rights and obligations of the Company under this Agreement. No obligations of Employee under this Agreement may be assigned or transferred by Employee.

Assignability; Binding Nature. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors, heirs (in the case of EmployeeExecutive) and assigns. No rights or obligations of the Company Executive under this Agreement may be assigned or transferred by the CompanyExecutive other than his rights to compensation and benefits, except in connection with a Change in Control where the assignee or transferee agrees, in writing, to assume such rights and obligations of the Company under this Agreement. No obligations of Employee under this Agreement which may be assigned transferred only by will or transferred by Employeeoperation of law.

Assignability; Binding Nature. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors, heirs (in the case of EmployeeExecutive) and permitted assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the CompanyCompany (including, except in connection with a Change in Control where the assignee without limitation, by merger, consolidation, or transferee agrees, in writing, to assume such other operation of law). No rights and or obligations of the Company under this Agreement. No obligations of Employee Executive under this Agreement may be assigned or transferred by EmployeeExecutive other than his rights to compensation and benefits, which may be transferred only by will or operation of law, except as provided in Section 18 below.

Assignability; Binding Nature. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors, heirs (in the case of EmployeeConsultant) and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company, except in connection with a Change in Control where the assignee or transferee agrees, in writing, to assume such rights and obligations of the Company under this Agreement. No obligations of Employee Consultant under this Agreement may be assigned or transferred by Employeethe Consultant.

Assignability; Binding Nature. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs (in the case of the Employee) and assigns. No rights or obligations of the Company Employee under this Agreement may be assigned or transferred by the CompanyEmployee other than his rights to compensation and benefits, which may be transferred only by will or operation of law, except as provided in connection with a Change in Control where the assignee or transferee agrees, in writing, to assume such rights and obligations of the Company under this Agreement. No obligations of Employee under this Agreement may be assigned or transferred by EmployeeSection 27 below.

Assignability; Binding Nature. This Agreement shall be binding upon and inure to the benefit of the parties Parties and their respective successors, heirs (in the case of Employee) successors and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company, Company except in connection with a Change in Control where the assignee or transferee agrees, in writing, to assume that such rights and or obligations of the Company under this Agreement. No obligations of Employee under this Agreement may be assigned or transferred by Employee.pursuant to a merger or consolidation in which the Company is not the surviving corporation, or the sale or liquidation of all or substantially all of the assets of the Company, provided that the assignee or transferee is the

Assignability; Binding Nature. This Agreement shall be binding upon and inure to the benefit of the parties parties, and their respective successors, heirs (in the case of Employee) and assigns. No rights or obligations of the Company Employers under this Agreement may be assigned or transferred by the Company, Employers except in connection with a Change in Control where the assignee or transferee agrees, in writing, to assume that such rights and obligations of the Company under this Agreement. No obligations of Employee under this Agreement may shall be assigned or transferred by Employee.(as described below) pursuant to a merger or consolidation of Holdings in which Holdings is not the