Common use of Assignment; Successors and Assigns, etc Clause in Contracts

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive in the event either Employer shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the Executive, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's death prior to the completion by the Holding Company of all payments due him under this Agreement, the Holding Company shall continue such payments to the Executive's beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive Employee may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effectparties; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive Employee in the event either Employer that the Company shall hereafter effect a reorganization, consolidate consolidation with or merge merges into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the ExecutiveEmployee, and their respective successors, subsidiaries, affiliates, executors, administrators, heirs and permitted assigns. In the event of the ExecutiveEmployee's death prior to the completion by the Holding Company of all payments due him under this Agreement, the Holding Company shall continue such payments to the ExecutiveEmployee's beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive in the event either Employer of the Holding Company shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the Executive, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's death prior to the completion by the Holding Company of all payments due him under this Agreement, the Holding Company shall continue such payments to the Executive's beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive in the event either Employer Company shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the Executive, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's death prior to the completion by the Holding Company of all payments due him his under this Agreement, the Holding Company shall continue such payments to the Executive's beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company Employer nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of or the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company Employer may assign its rights and obligations under this Agreement without the consent of the Executive in the event either the Employer shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company Employer and the Executive, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's death prior to the completion by the Holding Company Employer of all payments due him under this Agreement, the Holding Company Employer shall continue such payments to the Executive's beneficiary designated in writing to the Holding Company Employer prior to his death (or to his estate, if he fails to make such designationdesignation or such beneficiary predeceases him).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive Employee may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive Employee in the event either Employer Company shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the ExecutiveEmployee, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's Employee’s death prior to the completion by the Holding Company of all payments due him her under this Agreement, the Holding Company shall continue such payments to the Executive's Employee’s beneficiary designated in writing to the Holding Company prior to his her death (or to his her estate, if he she fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive in the event either Employer of the Holding Company shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the Executive, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's death prior to the completion by the Holding Company of all payments due him under this Agreement, the Holding Company shall continue such payments to the Executive's beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he fails to 8 make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive Employee may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive Employee in the event either Employer Company shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the ExecutiveEmployee, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's Employee’s death prior to the completion by the Holding Company of all payments due him under this Agreement, the Holding Company shall continue such payments to the Executive's Employee’s beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he or she fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; providedPROVIDED, howeverHOWEVER, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive in the event either Employer Company shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the Executive, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's death prior to the completion by the Holding Company of all payments due him his under this Agreement, the Holding Company shall continue such payments to the Executive's beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive in the event either Employer shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the Executive, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's ’s death prior to the completion by the Holding Company of all payments due him under this Agreement, the Holding Company shall continue such payments to the Executive's ’s beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive Consultant may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive Consultant in the event either Employer Company shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the ExecutiveConsultant, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's Consultant’s death prior to the completion by the Holding Company of all payments due him his under this Agreement, the Holding Company shall continue such payments to the Executive's Consultant’s beneficiary designated in writing to the Holding Company prior to his death (or to his estate, if he fails to make such designation).

Assignment; Successors and Assigns, etc. Neither the Holding Company nor the Executive Employee may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party and without such consent any attempted transfer or assignment shall be null and of no effect; provided, however, that the Holding Company may assign its rights and obligations under this Agreement without the consent of the Executive Employee in the event either Employer Company shall hereafter effect a reorganization, consolidate with or merge into any other Person, or transfer all or substantially all of its properties or assets to any other Person. This Agreement shall inure to the benefit of and be binding upon the Holding Company and the ExecutiveEmployee, and their respective successors, executors, administrators, heirs and permitted assigns. In the event of the Executive's Employee’s death prior to the completion by the Holding Company of all payments due him or her under this Agreement, the Holding Company shall continue such payments to the Executive's Employee’s beneficiary designated in writing to the Holding Company prior to his or her death (or to his or her estate, if he or she fails to make such designation).