Common use of Assignment; Binding Agreement Clause in Contracts

Assignment; Binding Agreement. This Agreement shall be binding upon and inure to the benefit of the heirs and representatives of the Participant and the assigns and successors of the Company, but neither this Agreement nor any rights hereunder shall be assignable or otherwise subject to hypothecation by the Participant.

Appears in 8 contracts

Samples: Restricted Stock Unit Award Agreement (Windtree Therapeutics Inc /De/), Restricted Stock Unit Award Agreement (Discovery Laboratories Inc /De/), Performance Share Agreement (Cambrex Corp)

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Assignment; Binding Agreement. This Agreement shall be binding upon and inure to the benefit of the heirs and representatives of the Participant and the assigns and successors of the Company, but neither this Agreement nor any rights hereunder shall be assignable or otherwise subject to hypothecation by the Participant; provided, that the Company may assign this Agreement to any successor (including a successor to its business).

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Cambrex Corp), Performance Share Agreement (Cambrex Corp), Performance Share Agreement (Cambrex Corp)

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