Common use of Binding Effect and Assignability Clause in Contracts

Binding Effect and Assignability. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon any affiliate, successor or assign of or to the business of Company. Neither this Agreement nor any rights or obligations of Executive shall be transferable or assignable by Executive without Company’s prior written consent, and any attempted transfer or assignment hereof by Executive not in accordance herewith shall be null and void.

Appears in 6 contracts

Samples: Senior Executive Employment Agreement (VIASPACE Green Energy Inc.), Employment Agreement (VIASPACE Inc.), Senior Executive Employment Agreement (VIASPACE Green Energy Inc.)

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Binding Effect and Assignability. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon any affiliatethe Executive, successor or assign of or to the business of CompanyCompany and their successors and assigns. Neither this Agreement Agreement, nor any rights or obligations of the Executive herein shall be transferable or assignable by the Executive without the Company’s 's prior written consent, and any attempted transfer or assignment hereof by the Executive not in accordance herewith shall be null and void.

Appears in 1 contract

Samples: Employment Consulting Agreement (First Aviation Services Inc)

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