Common use of Binding Effect and Assignability Clause in Contracts

Binding Effect and Assignability. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, assigns, affiliated entities, and any party-in-interest. I agree that, should the Company be acquired by, merge with, or otherwise combine with another corporation or business entity, the surviving entity will have all rights to enforce the terms of this Agreement as if it were the Company itself enforcing the Agreement. Notwithstanding the foregoing, I understand and agree that I may not assign this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Trinet Group, Inc.), Employment Agreement (Trinet Group, Inc.), Employment Agreement (Trinet Group, Inc.)

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Binding Effect and Assignability. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, assigns, affiliated entities, and any party-in-interest. I agree Employee agrees that, should the Company be acquired by, merge with, or otherwise combine with another corporation or business entity, the surviving entity will have all rights to enforce the terms of this Agreement as if it were the Company itself enforcing the Agreement. Notwithstanding the foregoing, I understand and agree that I Employee may not assign this Agreement.

Appears in 2 contracts

Samples: Non Competition, Non Solicitation & Confidentiality Agreement (V F Corp), Confidentiality, Non Competition and Non Solicitation Agreement (Cigna Corp)

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