Common use of Binding Effect and Assignability Clause in Contracts

Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the Company.

Appears in 6 contracts

Samples: Separation and Consulting Agreement (Cdi Corp), Separation and Consulting Agreement (State National Companies, Inc.), Employment and Consulting Agreement (Cdi Corp)

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Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s 's rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the Company.

Appears in 6 contracts

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

Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the Company. This Agreement may be assigned by the Company.

Appears in 5 contracts

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

Binding Effect and Assignability. The rights and obligations of both the parties under this Agreement shall inure to the benefit of of, shall be binding upon, and shall be binding upon enforceable by, their respective heirs, successors successors, assigns, personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and assignslegatees. Executive’s 's rights under this Agreement shall not, in any voluntary or involuntary manner, be assigned or assignable and may not be pledged or hypothecated without the prior written consent of the Company.

Appears in 2 contracts

Samples: Employment Agreement (American Axle & Manufacturing Holdings Inc), Employment Agreement (American Axle & Manufacturing Holdings Inc)

Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s rights and obligations under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of hypothecated. This Agreement may be assigned by the Company.

Appears in 2 contracts

Samples: Employment Agreement (Greektown Superholdings, Inc.), Employment Agreement (Greektown Superholdings, Inc.)

Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the Company. The Company may assign this Agreement without Executive’s consent.

Appears in 2 contracts

Samples: Separation Agreement (Cdi Corp), Employment Agreement (Cdi Corp)

Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. ExecutiveEmployee’s rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the Company. This Agreement may be assigned by the Company.

Appears in 1 contract

Samples: Employment Agreement (Cdi Corp)

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Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s 's rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the CompanyEmployer.

Appears in 1 contract

Samples: Employment Agreement (Spectra Physics Lasers Inc)

Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the Company. The Company may assign this Agreement without Executive’s consent; provided that the Company shall obtain Executive’s consent to the assignment of the Company’s obligations under Section 1(c) hereof (such consent not to be unreasonably withheld).

Appears in 1 contract

Samples: Separation Agreement (Cdi Corp)

Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s Employee's rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the Company.

Appears in 1 contract

Samples: Employment Agreement (Cdi Corp)

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