Common use of Binding Effect; Benefits; Assignment Clause in Contracts

Binding Effect; Benefits; Assignment. This Agreement is binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, and permitted assigns. The Company may assign its rights under this Agreement, without Employee’s consent or notice. Employee may not assign Employee’s rights or delegate his obligations under this Agreement and any such attempted assignment or delegation will be void and of no effect. Nothing in this Agreement is intended to or will confer any rights or remedies on any third party other than the parties hereto and their respective heirs, successors and permitted assigns. This Agreement will survive any and all changes in Employee’s employment with the Company for any reason.