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 2 contracts

Samples: 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: Andnon Solicitation Agreement (Cigna Corp), V F Corp

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Binding Effect and Assignability. This Agreement shall be is binding upon on and inure to is for the benefit of the parties hereto and their respective successors, heirs, personal executors, administrators and other legal representatives, successors, assigns, affiliated entities, and . Neither this Agreement nor any party-in-interest. I agree that, should right or obligation hereunder may be assigned by the Company be acquired by, merge with, (except to any subsidiary or otherwise combine with another corporation affiliate) 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 Agreementby Employee.

Appears in 1 contract

Samples: Supplemental Deferred Compensation Agreement (Energysouth Inc)

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