Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 16 contracts
Samples: Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The ; Executive's rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 16 contracts
Samples: Employment Agreement (Weider Nutrition International Inc), Employment Agreement (Aeropostale Inc), Employment Agreement (Weider Nutrition International Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties’s business. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 13 contracts
Samples: Employment Agreement (Gelstat Corp), Employment Agreement (Duos Technologies Group, Inc.), Employment Agreement (Duos Technologies Group, Inc.)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the ; Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 11 contracts
Samples: Employment Agreement (Crumbs Bake Shop, Inc.), Employment Agreement (Aeropostale Inc), Employment Agreement (Aeropostale Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's ’s business and or properties. The Company may assign its Executive’s rights hereunder are personal to and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned transferable nor assignable by the Executive.
Appears in 10 contracts
Samples: Employment Agreement (Marina Biotech, Inc.), Employment Agreement (Marina Biotech, Inc.), Employment Agreement (Marina Biotech, Inc.)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and or properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable nor assignable by the Executive.
Appears in 9 contracts
Samples: Employment Agreement (Amtech Systems Inc), Employment Agreement (Amtech Systems Inc), Employment Agreement (Nastech Pharmaceutical Co Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 8 contracts
Samples: Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and or properties. The Company may assign its Executive’s rights hereunder are personal to and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned transferable nor assignable by the Executive.
Appears in 8 contracts
Samples: Employment Agreement (Safenet Inc), Employment Agreement (Safenet Inc), Employment Agreement (Safenet Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 7 contracts
Samples: Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates subsidiaries or affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.2 shall pass upon Executive’s death to Executive’s executor or administrator.
Appears in 7 contracts
Samples: Employment Agreement, Employment Agreement (Change Healthcare Inc.), Employment Agreement (Change Healthcare Inc.)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's business and or properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable nor assignable by the Executive.
Appears in 6 contracts
Samples: Employment Agreement (Nastech Pharmaceutical Co Inc), Employment Agreement (Nastech Pharmaceutical Co Inc), Employment Agreement (Nastech Pharmaceutical Co Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and or properties. The Company may assign its Executive’s rights hereunder are personal to and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned transferable nor assignable by the Executive.
Appears in 6 contracts
Samples: Employment Agreement (Amtech Systems Inc), Employment Agreement (Renegy Holdings, Inc.), Employment Agreement (Renegy Holdings, Inc.)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 5 contracts
Samples: Employment Agreement (Labone Inc/), Employment Agreement (Labone Inc/), Employment Agreement (Labone Inc/)
Binding Effect; Assignment. The rights and obligations of this -------------------------- Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon the Executive's death to Executive's executor or administrator.
Appears in 5 contracts
Samples: Employment Agreement (Synetic Inc), Employment Agreement (Careinsite Inc), Employment Agreement (Synetic Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties’s business. The Company may assign its rights and obligations under this Agreement to any of its Affiliates subsidiaries or affiliates without the consent of the Executive’s consent, but shall remain liable for any payments provided hereunder that are not timely made by any Affiliate such assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 5 contracts
Samples: Separation of Employment Agreement (Mallinckrodt PLC), Separation of Employment Agreement (Mallinckrodt PLC), Separation of Employment Agreement (Mallinckrodt PLC)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and or properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable or assignable by the Executive.
Appears in 4 contracts
Samples: Employment Agreement (Amtech Systems Inc), Change of Control Severance Agreement (Amtech Systems Inc), Change of Control Severance Agreement (Amtech Systems Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and delegate its obligations under this Agreement hereunder to any of its Affiliates affiliates without the consent of the ExecutiveEmployee, but shall remain provided that Company remains ultimately liable for any payments provided hereunder not timely made by any Affiliate assigneeall of Company’s obligations hereunder. The Executive's Employee’s rights or obligations under this Agreement may not be assigned by the ExecutiveEmployee.
Appears in 4 contracts
Samples: Employment Agreement (SCM Microsystems Inc), Employment Agreement (SCM Microsystems Inc), Employment Agreement (SCM Microsystems Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and or properties. The Company may assign its Executive’s rights hereunder are personal to and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned transferable or assignable by the Executive.
Appears in 3 contracts
Samples: Change of Control and Severance Agreement (Amtech Systems Inc), Change of Control and Severance Agreement (Amtech Systems Inc), Change of Control and Severance Agreement (Amtech Systems Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its Employee’s rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by Employee, except that the Executivebenefits specified in Section 5.2 shall pass upon Employee’s death to Employee’s executor or administrator to the extent applicable.
Appears in 3 contracts
Samples: Employment Agreement (Ruckus Wireless Inc), Employment Agreement (Ruckus Wireless Inc), Employment Agreement (Ruckus Wireless Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties’s business. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's Employee’s rights or obligations under this Agreement may not be assigned by the ExecutiveEmployee.
Appears in 3 contracts
Samples: Employment Agreement (Rancho Santa Fe Mining, Inc.), Employment Agreement (Rancho Santa Fe Mining, Inc.), Employment Agreement (Microphase Corp)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 3 contracts
Samples: Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 2 contracts
Samples: Employment Agreement (HLTH Corp), Employment Agreement (Quest Diagnostics Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 5.2 shall pass upon the Executive’s death to Executive’s executor or administrator.
Appears in 2 contracts
Samples: Employment Agreement (Webmd Corp /New/), Employment Agreement (Emdeon Corp)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations of the Company and of FCP under this Agreement may not be assigned by without the Executiveprior written consent of the non-assigning party.
Appears in 2 contracts
Samples: Management Incentive Agreement (Fulcrum Direct Inc), Advisory Agreement (Fulcrum Direct Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon the Executive's death to Executive's executor or administrator.
Appears in 2 contracts
Samples: Employment Agreement (Careinsite Inc), Employment Agreement (Careinsite Inc)
Binding Effect; Assignment. The rights and obligations of this This Agreement shall bind be binding upon you, your heirs, executors and administrators, and shall inure to the benefit of the Company, its successors and assigns. This Agreement (i) shall not be assignable by you without the Company's prior written consent and (ii) may be assigned by the Company without your consent to any successor of the Company by reorganization, merger or consolidation, or any assignee of all or in interest to substantially all of the Company's assets or business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the ExecutiveCompany (whether by merger, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights sale of stock or obligations under this Agreement may not be assigned by the Executiveassets or otherwise.)
Appears in 2 contracts
Samples: Radio Location System License Agreement (Ituran Location & Control Ltd.), Radio Location System License Agreement (Ituran Location & Control Ltd.)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates affiliated companies without the consent of the Executive, but shall remain liable for any payments provided hereunder payable to the Executive under this Agreement not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 2 contracts
Samples: Success Bonus Agreement (Beam Inc), Success Bonus and Consulting Agreement (Beam Inc)
Binding Effect; Assignment. The rights and obligations of this This Agreement shall bind be binding on the Company and Executive and their legal representatives, successors and assigns, agents, administrators, executives and heirs. It shall inure to the benefit of any successor of the Company by reorganizationand Executive, merger or consolidation, or any assignee of all or substantially all of to the Company's business ’s successors and propertiesassigns, its Affiliates, its third party beneficiaries, and to Executive’s heirs. The Company This Agreement shall not be assignable by Executive and Executive may not assign, transfer or subcontract his responsibilities hereunder; provided, however, Executive may assign its rights and obligations under this Agreement his right to any of its Affiliates without the consent of the Executive, but shall remain liable for receive any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by the Executivehereunder.
Appears in 1 contract
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The ; Executive's rights or obligations under this Agreement may not be assigned by Executive. The Company acknowledges that the Executiveprovisions of the last paragraph of Section 2 were a material inducement to Executive in entering into this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Weider Nutrition International Inc)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's ’s business and or properties. The Company may assign its Executive’s rights hereunder are personal to and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned transferable nor assignable by the Executive.
Appears in 1 contract
Samples: Employment Agreement (MDRNA, Inc.)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates affiliated companies without the consent of the ExecutiveEmployee, but the Company shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's Employee’s rights or obligations under this Agreement may not be assigned by the ExecutiveEmployee.
Appears in 1 contract
Binding Effect; Assignment. The rights and obligations of this This Agreement shall bind be binding on and inure to the benefit of any successor the Company, and its respective successors and assigns. This Agreement shall also be binding on and inure to the benefit of the Company Executive and his heirs, executors, administrators and legal representatives. This Agreement shall not be assignable by reorganization, merger or consolidation, or any assignee of all or substantially all the Executive without the prior written consent of the Company's business and properties. The This Agreement shall be assignable by the Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the ExecutiveExecutive only to an Affiliate or Subsidiary or to any person or entity that becomes a successor in interest (by purchase of assets or shares, but shall remain liable for any payments provided hereunder not timely made or by any Affiliate assignee. The Executive's rights merger or obligations under this Agreement may not be assigned by otherwise) to the ExecutiveCompany.
Appears in 1 contract
Samples: Employment Agreement (Emtec Inc/Nj)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The ExecutiveEmployee's rights or obligations under this Agreement may not be assigned by the ExecutiveEmployee, except that the right specified in Section 4.2 shall pass upon the Employee's death to Employee's executor or administrator.
Appears in 1 contract
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties’s business. The Company may assign its rights and obligations under this Agreement to any of its Affiliates subsidiaries or affiliates without the consent of the Executive’s consent, but shall remain liable for any payments provided hereunder not timely made by any Affiliate such assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 1 contract
Samples: Separation of Employment Agreement (Mallinckrodt PLC)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties’s business. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The ExecutiveStrategic Advisor's rights or obligations under this Agreement may not be assigned by the ExecutiveStrategic Advisor.
Appears in 1 contract
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.2 shall pass upon the Executive's death to Executive's executor or administrator.
Appears in 1 contract
Binding Effect; Assignment. The rights and obligations of the Company under this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's Your rights or obligations under this Agreement may not be assigned by the Executiveshall bind and inure to your benefit and your heirs and personal representatives.
Appears in 1 contract
Binding Effect; Assignment. The rights and obligations of the Companies under this Agreement shall bind and inure to the benefit of any successor or successors of the Company Companies by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and propertiesproperties of the Companies. The Company may assign its rights and or obligations of the Executive under this Agreement shall bind and inure to any of its Affiliates without the consent benefit of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by the Executivehis heirs, personal representatives and assigns.
Appears in 1 contract
Samples: Securities Grant Agreement (57th Street General Acquisition Corp)
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon Executive's death to Executive's executor or administrator.
Appears in 1 contract
Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's ’s rights or obligations under this Agreement may not be assigned by the Executive.
Appears in 1 contract
Samples: Employment Agreement (HLTH Corp)
Binding Effect; Assignment. The rights and obligations of this ------------------------------- Agreement shall bind and inure to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assigneeConsultant. The ExecutiveConsultant's rights or obligations under this Agreement may not be assigned by the ExecutiveConsultant.
Appears in 1 contract