Common use of Binding Effect and Benefit Clause in Contracts

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which buys substantially all of the Company’s assets. However, the Executive may not assign this Agreement without the prior written consent of the Company.

Appears in 8 contracts

Samples: Employment Agreement (Gene Logic Inc), Employment Agreement (Integral Systems Inc /Md/), Employment Agreement (Integral Systems Inc /Md/)

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Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which that buys substantially all of the Company’s assets's assets or to any affiliate of the Company with the consent of the Executive that shall not be unreasonably withheld. However, the Executive may not assign this Agreement without the prior written consent of the Company.

Appears in 5 contracts

Samples: Executive Employment Agreement (Gene Logic Inc), Executive Employment Agreement (Gene Logic Inc), Executive Employment Agreement (Gene Logic Inc)

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which buys substantially all of the Company’s 's assets. However, the Physician Executive may not assign this Agreement without the prior written consent of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Doctors Health System Inc), Employment Agreement (Doctors Health System Inc), Employment Agreement (Doctors Health System Inc)

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which buys substantially all of the Company’s assets. However, the Executive may not assign this Agreement without the prior written consent of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Integral Systems Inc /Md/), Employment Agreement (Integral Systems Inc /Md/), Employment Agreement (Integral Systems Inc /Md/)

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by Neither the Executive nor the Company to any entity which buys substantially all of the Company’s assets. However, the Executive may not assign this Agreement without the prior written consent of the Companyother.

Appears in 2 contracts

Samples: Employment Agreement (Doctors Health System Inc), Employment Agreement (Doctors Health System Inc)

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which buys substantially all of the Company’s assets. However, the Executive Employee may not assign this Agreement without the prior written consent of the Company.

Appears in 1 contract

Samples: Non Interference and Confidentiality Agreement (Metastorm Inc)

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which that buys substantially all of the Company’s assetsassets or to any affiliate of the Company with the consent of the Executive that shall not be unreasonably withheld. However, the Executive may not assign this Agreement without the prior written consent of the Company.

Appears in 1 contract

Samples: Employment Agreement (Gene Logic Inc)

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Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which buys substantially all of the Company’s assets. However, the Executive Employee may not assign this Agreement without the prior written consent of the Company.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Integral Systems Inc /Md/)

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which that buys substantially all of the Company’s assetsassets or to any affiliate of the Company with the consent of the Executive which shall not be unreasonably withheld. However, the Executive may not assign this Agreement without the prior written consent of the Company.

Appears in 1 contract

Samples: Employment Agreement (Gene Logic Inc)

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company to any entity which buys substantially all of the Company’s 's assets. However, the Executive may not assign this Agreement without the prior written consent of the Company.

Appears in 1 contract

Samples: Employment Agreement (Doctors Health System Inc)

Binding Effect and Benefit. This Agreement shall be binding upon and inure to the benefit of the parties, their successors, heirs, personal representatives and other legal representatives. This Agreement may be assigned by the Company Employer to any entity which buys acquires substantially all of the Company’s Employer's assets. However, the Executive Employee may not assign this Agreement without the prior written consent of the CompanyAgreement.

Appears in 1 contract

Samples: Employment Agreement (Hanover Foods Corp /Pa/)

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