Common use of Binding Agreement; Successors and Assigns Clause in Contracts

Binding Agreement; Successors and Assigns. This Agreement shall be binding upon, and shall inure to the benefit of, the Company and Salsxxxx xxx their respective legal representatives, heirs, executors, administrators, and successors and assigns (as permitted by this Article 12), including any successor to the Company by merger, consolidation, or reorganization and any other person that acquires all or substantially all of the business and assets of the Company. The Company shall have the right, without the need for any consent from Salsxxxx, xx assign its rights, benefits, remedies, and obligations under this Agreement to one or more other persons. The rights, benefits, remedies, and obligations of Salsxxxx xxxer this Agreement are personal to Salsxxxx, xxwever, and may not be assigned or delegated by her; except that this shall not preclude (i) Salsxxxx xxxm designating one or more beneficiaries to receive any amount or benefit that may be paid or provided after Salsxxxx'x xxxth or (ii) the legal representative of Salsxxxx'x xxxate from assigning any right or benefit under this Agreement to the person or persons entitled thereto under Salsxxxx'x xxxl or the laws of intestacy applicable to Salsxxxx'x xxxate, as the case may be.

Binding Agreement; Successors and Assigns. This Agreement shall be binding upon, and shall inure to the benefit of, the Company LifeCare and Salsxxxx xxx Employee and their respective legal representatives, heirs, executors, administrators, and successors and assigns (as permitted by this Article 12), including any successor to the Company LifeCare by merger, consolidation, or reorganization and any other person that acquires all or substantially all of the business and assets of the CompanyLifeCare. The Company LifeCare shall have the right, without the need for any consent from SalsxxxxEmployee, xx to assign its rights, benefits, remedies, and obligations under this Agreement to one or more other persons. The rights, benefits, remedies, and obligations of Salsxxxx xxxer Employee under this Agreement are personal to SalsxxxxEmployee, xxweverhowever, and may not be assigned or delegated by herhim; except that this shall not preclude (i) Salsxxxx xxxm Employee from designating one or more beneficiaries to receive any amount or benefit that may be paid or provided after Salsxxxx'x xxxth Employee’s death or (ii) the legal representative of Salsxxxx'x xxxate Employee’s estate from assigning any right or benefit under this Agreement to the person or persons entitled thereto under Salsxxxx'x xxxl Employee’s will or the laws of intestacy applicable to Salsxxxx'x xxxateEmployee’s estate, as the case may be.

Binding Agreement; Successors and Assigns. This Agreement shall be binding upon, and shall inure to the benefit of, the Company LifeCare and Salsxxxx xxx Employee and their respective legal representatives, heirs, executors, administrators, and successors and assigns (as permitted by this Article Section 12), including any successor to the Company LifeCare by merger, consolidation, or reorganization and any other person that acquires all or substantially all of the business and assets of the CompanyLifeCare. The Company LifeCare shall have the right, without the need for any consent from SalsxxxxEmployee, xx to assign its rights, benefits, remedies, and obligations under this Agreement to one or more other persons. The rights, benefits, remedies, and obligations of Salsxxxx xxxer Employee under this Agreement are personal to SalsxxxxEmployee, xxweverhowever, and may not be assigned or delegated by herhim; except that this shall not preclude (i) Salsxxxx xxxm Employee from designating one or more beneficiaries to receive any amount or benefit that may be paid or provided after Salsxxxx'x xxxth Employee’s death or (ii) the legal representative of Salsxxxx'x xxxate Employee’s estate from assigning any right or benefit under this Agreement to the person or persons entitled thereto under Salsxxxx'x xxxl Employee’s will or the laws of intestacy applicable to Salsxxxx'x xxxateEmployee’s estate, as the case may be.