Assignment and Succession. The Company may assign this Agreement in connection with any sale or merger (whether a sale or merger of stock or assets or otherwise) of the Company or the business of the Company. Employee expressly consents to the assignment of the Agreement to any new owner of the Company’s business or purchaser of the Company. Employee’s rights and obligations hereunder are personal and may not be assigned by Employee.
Appears in 6 contracts
Samples: Executive Employment Agreement (Patent Properties, Inc.), Executive Employment Agreement (Patent Properties, Inc.), Executive Employment Agreement (GlobalOptions Group, Inc.)
Assignment and Succession. The Company may assign this Agreement in connection with any sale or merger (whether a sale or merger of stock or assets or otherwise) of the Company or the business of the Company. Employee expressly consents to the assignment of the Agreement to any new owner of the Company’s business or purchaser of the Company. Employee’s rights and obligations hereunder are personal and may not be assigned by Employee. This Agreement shall inure to the benefit of and be enforceable by Employee’s heirs, beneficiaries and/or legal representatives.
Appears in 2 contracts
Samples: Employment Agreement (Orleans Homebuilders Inc), Employment Agreement (Orleans Homebuilders Inc)
Assignment and Succession. The Company may assign this Agreement in connection with any sale or merger (whether a sale or merger of stock or assets or otherwise) of the Company or the business of the Company or to any affiliate of the Company. Employee expressly consents to the assignment of the Agreement to any new owner of the Company’s business or purchaser of the Company. Employee’s rights and obligations hereunder are personal and may not be assigned by Employee.
Appears in 1 contract
Samples: Non Competition and Confidentiality Agreement (Orleans Homebuilders Inc)
