Common use of Assigns and Successors Clause in Contracts

Assigns and Successors. The rights and obligations of Bank under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Bank and Executive, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, “Bank” shall also refer to any successor to Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 3 contracts

Samples: Change of Control Agreement (Customers Bancorp, Inc.), Change of Control Agreement (Customers Bancorp, Inc.), Change of Control Agreement (Customers Bancorp, Inc.)

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Assigns and Successors. The rights and obligations of Bank under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Bank and Executive, provided, however, that Executive shall not assign or anticipate any of his rights Rights hereunder, whether by operation of the law or otherwise. For purposes of this Agreement, "Bank" shall also refer to any successor to Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise. 10.

Appears in 2 contracts

Samples: Change of Control Agreement (Customers Bancorp, Inc.), Change of Control Agreement (Customers Bancorp, Inc.)

Assigns and Successors. The rights and obligations of Bank under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Bank and Executive, provided, however, that Executive shall not assign or anticipate o r ant icipate any of his rights Rights hereunder, whether by operation of the law or otherwise. For purposes of the this Agreement, “Agreement "Bank" shall also refer to any successor to Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise. 10.

Appears in 1 contract

Samples: Change of Control Agreement (Customers Bancorp, Inc.)

Assigns and Successors. The rights and obligations of Bank under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Bank and Executive, provided, however, that Executive shall not assign or anticipate any of his rights Rights hereunder, whether by operation of the law or otherwise. For purposes of the this Agreement, “Agreement "Bank" shall also refer to any successor to Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 1 contract

Samples: Change of Control Agreement (Customers Bancorp, Inc.)

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Assigns and Successors. The rights and obligations of Bank and Executive under this Agreement shall inure to the benefit of and shall be binding upon the successors successors, heirs, personal representatives and assigns of Bank and Executive, providedrespectively, however, and in addition upon any organization or individual that Executive shall not assign or anticipate any agrees to assume the obligations of his rights Bank hereunder, whether by operation of law or otherwise. For purposes of this Agreement, “Bank” shall also refer to any successor to Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Quaint Oak Bancorp Inc)

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