Common use of Assignment or Subcontracting Clause in Contracts

Assignment or Subcontracting. 6.1 The Consultant shall not assign or subcontract it rights or obligations under this agreement or any specific right or obligation hereunder without the prior written consent of the Company. 6.2 This agreement shall not be assignable by the Company without the prior written consent of the Consultant except in the case of an assignment by the Company to a corporation, trust or other organization which is a successor to the Company by operation of law. Any such successor shall be bound hereunder and by the terms of said assignment in the same manner as the Company is bound hereunder. For greater certainty, it is acknowledged by all parties hereto that in the event the Company is amalgamated with or wound up into another corporation, this agreement shall remain in full force and effect.