Common use of Binding Agreement; Successors Clause in Contracts

Binding Agreement; Successors. a) This Agreement shall be binding upon and shall inure to the benefit of the Company and its successors and assigns. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, by agreement to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. For purposes of this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid.

Appears in 4 contracts

Samples: Employment Agreement (Spherion Corp), Employment Agreement (Spherion Corp), Employment Agreement (Spherion Corp)

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Binding Agreement; Successors. a) 12.1 This Agreement shall be binding upon and shall inure to the benefit of the Company and its successors and assigns. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, by agreement to assume expressly and agree to perform this Agreement agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. For purposes of this Agreement, Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid.

Appears in 3 contracts

Samples: Employment Agreement (Vertical Computer Systems Inc), Employment Agreement (Vertical Computer Systems Inc), Employment Agreement (Vertical Computer Systems Inc)

Binding Agreement; Successors. (a) This Agreement shall be binding upon and shall inure to the benefit of the Company and its successors and assigns. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, by agreement to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. For purposes of this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid.

Appears in 3 contracts

Samples: Change in Control Agreement (Spherion Corp), Change in Control Agreement (Spherion Corp), Change in Control Agreement (Spherion Corp)

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Binding Agreement; Successors. (a) This Agreement shall be binding upon and shall inure to the benefit of the Company and its successors and assigns. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, by agreement to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. For purposes of this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid.in

Appears in 1 contract

Samples: Agreement (Spherion Corp)

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