Common use of Benefits; Binding Effect; Assignment Clause in Contracts

Benefits; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, personal representatives, legal representatives, successors and permitted assigns. Executive shall not assign this Agreement. However, TSY may assign this Agreement to a TSY Affiliate upon written notice to Executive, provided that the assignee assumes all of the obligations of TSY under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Trustreet Properties Inc), Employment Agreement (Trustreet Properties Inc), Employment Agreement (Trustreet Properties Inc)

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