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Rights or obligations of the Company under this Agreement may be assigned or transferred by the Company pursuant to a merger or consolidation in which the Company is not the continuing entity, or the sale or liquidation of all or substantially all of the assets of the Company, provided that the assignee or transferee is the successor to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations and duties of the Company, as contained in this Agreement, either contractually or as a matter of law. The Company further agrees that, in the event of a sale of assets or liquidation as described in the preceding sentence, it shall take whatever action it reasonably can in order to cause such assignee or transferee to expressly assume the liabilities, obligations and duties of the Company hereunder. No rights or obligations of the Executive under this Agreement may be assigned or transferred by the Executive other than the Executive\u2019s rights to compensation and benefits, which may be transferred only by will or operation of law. In the event of a Change in Control, the Company shall require any successor to the Company or any acquiror of all or substantially all the Company\u2019s assets to assume and honor the Agreement.", "hash": "ffc833f9297e30d324d667af916757d2", "id": 7}, {"snippet_links": [{"key": "except-as-otherwise-provided", "type": "clause", "offset": [0, 28]}, {"key": "binding-upon", "type": "clause", "offset": [70, 82]}, {"key": "benefit-of-the-parties", "type": "clause", "offset": [100, 122]}, {"key": "in-the-case", "type": "clause", "offset": [163, 174]}, {"key": "no-rights-or-obligations-of-the-company", "type": "clause", "offset": [206, 245]}, {"key": "by-the-company", "type": "clause", "offset": [298, 312]}, {"key": "such-rights", "type": "definition", "offset": [325, 336]}, {"key": "pursuant-to-a", "type": "definition", "offset": [383, 396]}, {"key": "merger-or-consolidation-in-which", "type": "clause", "offset": [397, 429]}, {"key": "continuing-entity", "type": "definition", "offset": [453, 470]}, {"key": "sale-or-liquidation", "type": "definition", "offset": [479, 498]}, {"key": "substantially-all-of-the-assets-of-the-company", "type": "definition", "offset": [509, 555]}, {"key": "provided-that", "type": "definition", "offset": [557, 570]}, {"key": "the-assignee", "type": "clause", "offset": [571, 583]}, {"key": "the-liabilities", "type": "clause", "offset": [712, 727]}, {"key": "duties-of-the-company", "type": "clause", "offset": [745, 766]}, {"key": "in-this-agreement", "type": "clause", "offset": [781, 798]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [877, 894]}, {"key": "sale-of-assets", "type": "clause", "offset": [974, 988]}, {"key": "in-order-to", "type": "clause", "offset": [1089, 1100]}, {"key": "company-hereunder", "type": "clause", "offset": [1212, 1229]}, {"key": "obligations-of-the-executive", "type": "clause", "offset": [1244, 1272]}, {"key": "by-the-executive", "type": "clause", "offset": [1325, 1341]}, {"key": "compensation-and-benefits", "type": "definition", "offset": [1371, 1396]}, {"key": "operation-of-law", "type": "clause", "offset": [1439, 1455]}, {"key": "with-respect-to", "type": "clause", "offset": [1477, 1492]}, {"key": "in-accordance-with", "type": "definition", "offset": [1525, 1543]}], "samples": [{"hash": "kLBPzLueba0", "uri": "/contracts/kLBPzLueba0#assignability-binding-nature", "label": "Employment Agreement (Qwest Capital Funding Inc)", "score": 19.0, "published": true}, {"hash": "izJeU463gaK", "uri": "/contracts/izJeU463gaK#assignability-binding-nature", "label": "Employment Agreement (Qwest Communications International Inc)", "score": 19.0, "published": true}, {"hash": "i2yNtOg2KyK", "uri": "/contracts/i2yNtOg2KyK#assignability-binding-nature", "label": "Employment Agreement (Qwest Communications International Inc)", "score": 19.0, "published": true}], "size": 34, "snippet": "Except as otherwise provided in this Section, this Agreement shall be binding upon and inure to the benefit of the parties and their respective successors, heirs (in the case of the Executive) and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company except that such rights or obligations may be assigned or transferred pursuant to a merger or consolidation in which the Company is not the continuing entity, or the sale or liquidation of all or substantially all of the assets of the Company, provided that the assignee or transferee is the successor to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations and duties of the Company, as contained in this Agreement, either contractually or as a matter of law. The Company further agrees that, in the event of a merger or consolidation in which the Company is not the continuing entity or a sale of assets or liquidation as described in the preceding sentence, it shall take whatever action it legally can in order to cause the successor, assignee or transferee to expressly assume the liabilities, obligations and duties of the Company hereunder. No rights or obligations of the Executive under this Agreement may be assigned or transferred by the Executive other than (i) his rights to compensation and benefits, which may be transferred only by will or operation of law, and (ii) his rights with respect to options that may be transferred in accordance with subparagraph 3(g) of this Agreement.", "hash": "0f2721119e3a4a2622558bff8d081352", "id": 8}, {"snippet_links": [{"key": "binding-upon", "type": "clause", "offset": [24, 36]}, {"key": "inure-to-the-benefit", "type": "clause", "offset": [41, 61]}, {"key": "successor-to-the-company", "type": "clause", "offset": [85, 109]}, {"key": "including-without-limitation", "type": "clause", "offset": [111, 139]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [162, 184]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [185, 209]}, {"key": "the-business", "type": "clause", "offset": [213, 225]}, {"key": "assets-of-the-company", "type": "clause", "offset": [233, 254]}, {"key": "for-the-purposes-of-this-agreement", "type": "clause", "offset": [389, 423]}, {"key": "by-the-company", "type": "clause", "offset": [491, 505]}, {"key": "the-company-shall", "type": "clause", "offset": [507, 524]}, {"key": "direct-or-indirect", "type": "clause", "offset": [556, 574]}, {"key": "by-agreement", "type": "definition", "offset": [715, 727]}, {"key": "form-and-substance", "type": "clause", "offset": [731, 749]}, {"key": "to-the-executive", "type": "clause", "offset": [763, 779]}, {"key": "to-assume", "type": "clause", "offset": [791, 800]}, {"key": "agree-to", "type": "clause", "offset": [805, 813]}, {"key": "in-the-same-manner", "type": "definition", "offset": [837, 855]}, {"key": "to-the-same-extent", "type": "definition", "offset": [860, 878]}, {"key": "obligations-of-the-executive", "type": "clause", "offset": [972, 1000]}, {"key": "by-the-executive", "type": "clause", "offset": [1053, 1069]}, {"key": "compensation-and-benefits", "type": "definition", "offset": [1095, 1120]}, {"key": "operation-of-law", "type": "clause", "offset": [1163, 1179]}, {"key": "legal-representatives", "type": "clause", "offset": [1276, 1297]}, {"key": "agreement-is-personal", "type": "clause", "offset": [1380, 1401]}, {"key": "the-parties-hereto", "type": "clause", "offset": [1427, 1445]}, {"key": "consent-of-the", "type": "clause", "offset": [1465, 1479]}, {"key": "agreement-or", "type": "definition", "offset": [1521, 1533]}, {"key": "except-as-expressly-provided", "type": "clause", "offset": [1570, 1598]}, {"key": "article-16", "type": "definition", "offset": [1602, 1612]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [1621, 1669]}, {"key": "payments-hereunder", "type": "clause", "offset": [1704, 1722]}, {"key": "creation-of-a-security-interest", "type": "clause", "offset": [1794, 1825]}, {"key": "the-laws", "type": "definition", "offset": [1883, 1891]}, {"key": "in-the-event-of", "type": "clause", "offset": [1925, 1940]}, {"key": "assignment-or-transfer", "type": "clause", "offset": [1955, 1977]}, {"key": "contrary-to", "type": "definition", "offset": [1978, 1989]}, {"key": "this-article", "type": "definition", "offset": [1990, 2002]}, {"key": "liability-to-pay", "type": "clause", "offset": [2033, 2049]}], "samples": [{"hash": "5zKGInOChXl", "uri": "/contracts/5zKGInOChXl#assignability-binding-nature", "label": "Executive Employment Agreement (Caesars Entertainment, Inc.)", "score": 33.8350448608, "published": true}, {"hash": "hq8bFtMGfs8", "uri": "/contracts/hq8bFtMGfs8#assignability-binding-nature", "label": "Executive Employment Agreement (Caesars Entertainment, Inc.)", "score": 33.0082130432, "published": true}, {"hash": "ismaonOumnL", "uri": "/contracts/ismaonOumnL#assignability-binding-nature", "label": "Executive Employment Agreement (Eldorado Resorts, Inc.)", "score": 29.0574951172, "published": true}], "size": 32, "snippet": "This Agreement shall be binding upon and inure to the benefit of the Company and any successor to the Company, including without limitation any persons acquiring directly or indirectly all or substantially all of the business and/or assets of the Company, whether by purchase, merger, consolidation, reorganization or otherwise (and such successor shall thereafter be deemed the \u201cCompany\u201d for the purposes of this Agreement), but shall not otherwise be assignable, transferable or delegable by the Company. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business and/or assets of the Company, by agreement in form and substance satisfactory to the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no such succession had taken place. No rights or obligations of the Executive under this Agreement may be assigned or transferred by the Executive other than his rights to compensation and benefits, which may be transferred only by will or operation of law. This Agreement shall inure to the benefit of and be enforceable by the Executive\u2019s personal or legal representatives, executors, administrators, successors, heirs, distributees and/or legatees. This Agreement is personal in nature and neither of the parties hereto shall, without the consent of the other, assign, transfer or delegate this Agreement or any rights or obligations hereunder except as expressly provided in Article 16 hereof. Without limiting the generality of the foregoing, the Executive\u2019s right to receive payments hereunder shall not be assignable, transferable or delegable, whether by pledge, creation of a security interest or otherwise, other than by a transfer by his will or by the laws of descent and distribution and, in the event of any attempted assignment or transfer contrary to this Article 16, the Company shall have no liability to pay any amount so attempted to be assigned, transferred or delegated.", "hash": "b879d61937e808623c8e8565315ef930", "id": 9}, {"snippet_links": [{"key": "binding-upon", "type": "clause", "offset": [24, 36]}, {"key": "benefit-of-the-parties", "type": "clause", "offset": [54, 76]}, {"key": "in-the-case", "type": "clause", "offset": [117, 128]}, {"key": "no-rights-or-obligations-of-the-company", "type": "clause", "offset": [160, 199]}, {"key": "by-the-company", "type": "clause", "offset": [252, 266]}, {"key": "such-rights", "type": "definition", "offset": [279, 290]}, {"key": "pursuant-to-a", "type": "definition", "offset": [337, 350]}, {"key": "merger-or-consolidation-in-which", "type": "clause", "offset": [351, 383]}, {"key": "continuing-entity", "type": "definition", "offset": [407, 424]}, {"key": "sale-or-liquidation", "type": "definition", "offset": [431, 450]}, {"key": "substantially-all-of-the-assets-of-the-company", "type": "definition", "offset": [461, 507]}, {"key": "provided-that", "type": "definition", "offset": [509, 522]}, {"key": "the-assignee", "type": "clause", "offset": [523, 535]}, {"key": "the-liabilities", "type": "clause", "offset": [664, 679]}, {"key": "duties-of-the-company", "type": "clause", "offset": [697, 718]}, {"key": "in-this-agreement", "type": "clause", "offset": [733, 750]}, {"key": "in-the-event-of", "type": "clause", "offset": [796, 811]}, {"key": "sale-of-assets", "type": "clause", "offset": [816, 830]}, {"key": "the-company-shall", "type": "clause", "offset": [886, 903]}, {"key": "best-efforts", "type": "clause", "offset": [912, 924]}, {"key": "company-hereunder", "type": "clause", "offset": [1029, 1046]}, {"key": "obligations-of-the-executive", "type": "clause", "offset": [1061, 1089]}, {"key": "by-the-executive", "type": "clause", "offset": [1142, 1158]}, {"key": "compensation-and-benefits", "type": "definition", "offset": [1188, 1213]}, {"key": "operation-of-law", "type": "clause", "offset": [1256, 1272]}, {"key": "except-as-provided-in", "type": "clause", "offset": [1274, 1295]}], "samples": [{"hash": "jdfdd7CASXE", "uri": "/contracts/jdfdd7CASXE#assignability-binding-nature", "label": "Senior Executive Employment Agreement (Ikon Office Solutions Inc)", "score": 21.0, "published": true}, {"hash": "hGyT5xcmT76", "uri": "/contracts/hGyT5xcmT76#assignability-binding-nature", "label": "Senior Executive Employment Agreement (Ikon Office Solutions Inc)", "score": 21.0, "published": true}, {"hash": "eUrqy0H1BJ4", "uri": "/contracts/eUrqy0H1BJ4#assignability-binding-nature", "label": "Senior Executive Employment Agreement (Ikon Office Solutions Inc)", "score": 21.0, "published": true}], "size": 28, "snippet": "This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, heirs (in the case of the Executive) and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company except that such rights or obligations may be assigned or transferred pursuant to a merger or consolidation in which the Company is not the continuing entity, or a sale or liquidation of all or substantially all of the assets of the Company; provided that the assignee or transferee is the successor to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations and duties of the Company, as contained in this Agreement, either contractually or as a matter of law. In the event of any sale of assets or liquidation as described in the preceding sentence, the Company shall use its best efforts to cause such assignee or transferee to expressly assume the liabilities, obligations and duties of the Company hereunder. 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