Common use of Binding Effect; Assignment; No Third Party Benefit Clause in Contracts

Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, legal representatives, successors, and assigns; provided, however, that the Employee shall not assign or otherwise transfer this Agreement or any of his rights or obligations hereunder without the prior written consent of the Company (except that any rights that the Employee may have hereunder at the time of his death may be transferred by will or pursuant to the laws of descent and distribution). Nothing in this Agreement, express or implied, is intended to or shall confer upon any person other than the parties hereto, and their respective heirs, legal representatives, successors, and permitted assigns, any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.

Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, permitted successors, permitted assigns and legal representatives; and by their signatures hereto, successors, the parties hereto intend to and assigns; provided, however, that do hereby become bound. The rights and obligations of the Employee hereunder shall not assign be assignable or otherwise transfer this Agreement or any of his rights or obligations hereunder delegable without the prior written consent of the Company (except that other parties hereto, and any rights that such assignment or delegation in violation of the Employee may have hereunder at the time of his death may foregoing shall be transferred by will or pursuant to the laws of descent and distribution)void. Nothing expressed or mentioned in this Agreement, express or implied, Agreement is intended to or shall confer upon be construed to give any person Person other than the parties hereto, hereto and their respective heirs, legal representatives, permitted successors, and permitted assignsassigns or legal representatives any legal or equitable right, remedy or claim under, in or in respect of this Agreement or any rightsprovision herein contained, benefits, or remedies of any nature whatsoever under or by reason of except to the extent expressly provided in this Agreement.

Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, legal representatives, successorssuccessors and permitted assigns. Except as otherwise expressly provided in this Agreement, and assigns; provided, however, that the Employee shall not assign or otherwise transfer neither this Agreement or nor any of his rights the rights, interests, or obligations hereunder shall be assigned by either party without the prior written consent of the Company (except that any rights that the Employee may have hereunder at the time of his death may be transferred by will or pursuant to the laws of descent and distribution)other party. Nothing in this Agreement, express or implied, is intended to or shall confer upon any person Person other than the parties hereto, and their respective heirs, legal representatives, successors, and permitted assignsassigns (including but not limited to any employee, director or consultant of AAM to whom any Shares are awarded), any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.

Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, legal representatives, successors, and permitted assigns; provided, however, that the Employee shall not . Buyer may assign or otherwise transfer its rights under this Agreement or to any person upon notice to the Company. Except as otherwise expressly provided in this Agreement, neither this Agreement nor any of his rights the rights, interests, or obligations hereunder shall be assigned by any of the parties hereto without the prior written consent of the Company (except that any rights that the Employee may have hereunder at the time of his death may be transferred by will or pursuant to the laws of descent and distribution)other parties. Nothing Except as provided in Article IX, nothing in this Agreement, express or implied, is intended to or shall confer upon any person other than the parties hereto, and their respective heirs, legal representatives, successors, and permitted assigns, any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.