Assignment; Third Parties. Subject to the provisions of Section 12, neither Executive nor Company may assign, transfer, pledge, hypothecate, encumber or otherwise dispose of this Agreement or any of his or its respective rights or obligations hereunder, without the prior written consent of the other, which shall not be unreasonably withheld. The personal representative of Executive (after his Death) is an intended third-party beneficiary of this Agreement, and may enforce the obligations of Company, and exercise the rights of Executive, hereunder after the Death of Executive, all of which obligations and rights (as relevant) shall survive. All payments which are required to be paid to Executive under this Agreement and which accrue after the date of his death shall be paid when due to the personal representative of his estate.
Appears in 4 contracts
Samples: Executive Employment Agreement (Rinker Group LTD), Executive Employment Agreement (Kiewit Materials Co), Executive Employment Agreement (Kiewit Materials Co)
