Assignment 30 Sample Clauses

Assignment 30. 7.1 Except as otherwise expressly provided in this Agreement, no Party may, without approval of the other Parties, assign, grant any security interest over, hold on trust or otherwise transfer the benefit of the whole or any part of this Agreement. 30.7.2 The Shareholders may, however, transfer any rights and obligation under this Agreement to any of its Affiliates. 30.7.3 Any assignee shall not be entitled to receive under this Agreement any greater amount than that to which the assigning Party would have been entitled. 30.8 Other remedies Any remedy or right conferred upon the Shareholders for breach of this Agreement shall be in addition to and without prejudice to all other rights and remedies available to them. 30.9 Management incentive plan 30.9.1 The Shareholders shall use Reasonable Endeavours, acting in good faith, to implement a management incentive plan for the Group as soon as reasonably practicable following the Effective Date and shall cooperate and take such actions, including making any required amendments to this Agreement, as are reasonably required in order to do so. 30.9.2 Following implementation of the management incentive plan for the Group, the Shareholders’ Committee shall regularly review such management incentive plan and, if both Key Shareholders mutually come to the conclusion that amendment is required, resolve upon such amendment. 31 Duration, Termination and Survival 31.1 Effective Date This Agreement takes effect as of Closing (the “Effective Date”).
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