Assignments; Successors and Assigns. The rights and obligations of Executive hereunder are not assignable or delegable, and any prohibited assignment or delegation will be null and void. APSI may, without the consent of the Executive, assign this Agreement to any successor or in connection with any merger, consolidation, share exchange, combination, sale of stock or assets or similar transaction. The provisions hereof shall inure to the benefit of and be binding upon the successors and assigns of APSI.
Appears in 4 contracts
Samples: Executive Employment Agreement (Aqua Power Systems Inc.), Executive Employment Agreement (Aqua Power Systems Inc.), Executive Employment Agreement (Aqua Power Systems Inc.)
