Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent in compliance with the provisions of Section 8 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, and any transferee of such shares shall not be entitled to the rights of Parent. Certificates representing shares sold in a registered public offering pursuant to Section 8 shall not be required to bear the legend set forth in Section 10.
Appears in 4 contracts
Samples: Stockholder Agreement (Doubleclick Inc), Stockholder Agreement (Doubleclick Inc), Exhibit 3 Stock Option Agreement (Doubleclick Inc)
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors successors, and permitted assigns. Neither Except as expressly provided in this Agreement, neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent a party in compliance with the provisions of Section 8 9 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, and . In no event will any transferee of such shares shall not any Restricted Shares be entitled to the rights of ParentUSI hereunder. Certificates representing shares sold in a registered public offering pursuant to Section 8 9 shall not be required to bear the legend set forth in Section 1012.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Zurn Industries Inc), Agreement and Plan of Merger (Us Industries Inc), Stock Option Agreement (Zurn Industries Inc)
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors successors, and permitted assigns. Neither Except as expressly provided in this Agreement, neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent a party in compliance with the provisions of Section 8 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, and . In no event will any transferee of such shares shall not any Restricted Shares be entitled to the rights of ParentParent hereunder. Certificates representing shares sold in a registered public offering pursuant to Section 8 shall not be required to bear the legend set forth in Section 10.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Hills Stores Co /De/), Agreement and Plan of Merger (HSC Acquisition Corp), Stock Option Agreement (Hills Stores Co /De/)
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent Online in compliance with the provisions of Section 8 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, unless and until Online shall repurchase or otherwise become the beneficial owner of such shares, and any transferee of such shares shall not be entitled to the rights of ParentOnline. Certificates representing shares sold in a registered public offering pursuant to Section 8 shall not be required to bear the legend set forth in Section 10.
Appears in 2 contracts
Samples: Omega Stock Option Agreement (Omega Research Inc), Omega Stock Option Agreement (Onlinetradinginc Com Corp)
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors successors, and permitted assigns. Neither Except as expressly provided in this Agreement, neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent a party in compliance with the provisions of Section 8 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, and in no event will any transferee of such shares shall not any Restricted Shares be entitled to the rights of Parentthe Grantee hereunder. Certificates representing shares sold in a registered public offering pursuant to Section 8 shall not be required to bear the legend set forth in Section 1011.
Appears in 2 contracts
Samples: Termination Option Agreement (Stage Stores Inc), Termination Option Agreement (Anthony C R Co)
Binding Effect; No Assignment. This Agreement shall be binding ----------------------------- upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent in compliance with the provisions of Section 8 7 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, unless and until Parent shall repurchase or otherwise become the beneficial owner of such shares, and any transferee of such shares shall not be entitled to the rights of Parent. Certificates representing shares sold in a registered public offering pursuant to Section 8 7 shall not be required to bear the legend set forth in Section 10.
Appears in 2 contracts
Samples: Stock Option Agreement (E Trade Group Inc), Exhibit 3 Stock Option Agreement (E Trade Group Inc)
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent Omega in compliance with the provisions of Section 8 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, unless and until Omega shall repurchase or otherwise become the beneficial owner of such shares, and any transferee of such shares shall not be entitled to the rights of ParentOmega. Certificates representing shares sold in a registered public offering pursuant to Section 8 shall not be required to bear the legend set forth in Section 10.
Appears in 2 contracts
Samples: Online Stock Option Agreement (Onlinetradinginc Com Corp), Online Stock Option Agreement (Omega Research Inc)
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto Parties and their respective successors and permitted assigns. Neither Except as expressly provided in this Agreement, neither this Agreement nor the rights or the obligations of either party hereto Party are assignable, except by operation of law, or with the written consent of the other partyParty. Nothing contained in this Agreement, express or implied, is intended to confer upon any person Person other than the parties hereto Parties and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreementwhatsoever. Any Restricted Shares sold by Parent Acquiror in compliance with the provisions of Section 8 7 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, unless and until Acquiror shall repurchase or otherwise become the beneficial owner of such shares, and any transferee of such shares shall not be entitled to the rights of ParentAcquiror. Certificates representing shares sold in a registered public offering pursuant to Section 8 7 shall not be required to bear the legend set forth in Section 109.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Old Guard Group Inc)
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors successors, and permitted assigns. Neither Except as expressly provided in this Agreement, neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent a party in compliance with the provisions of Section 8 7 hereof shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, and in no event will any transferee of such shares shall not any Restricted Shares be entitled to the rights of Parentthe Grantee hereunder. Certificates representing shares sold in a registered public offering pursuant to Section 8 7 hereof shall not be required to bear the legend set forth in Section 109 hereof.
Appears in 1 contract
Samples: Termination Option Agreement (Delta & Pine Land Co)
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent in compliance with the provisions of Section 8 7 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, unless and until Parent shall repurchase or otherwise become the beneficial owner of such shares, and any transferee of such shares shall not be entitled to the rights of Parent. Certificates representing shares sold in a registered public offering pursuant to Section 8 7 shall not be required to bear the legend set forth in Section 10.
Appears in 1 contract
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Neither Except as expressly provided for in this Agreement Agreement, neither this agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement. Any Restricted Shares sold by Parent in compliance with the provisions of Section 8 9 shall, upon consummation of such sale, be free of the restrictions imposed with respect to such shares by this Agreement, unless and until Parent shall repurchase or otherwise become the beneficial owner of such shares, and any transferee of such shares shall not be entitled to the rights of Parent. Certificates representing shares sold in a registered public offering pursuant to Section 8 9 shall not be required to bear the legend set forth in Section 1011.
Appears in 1 contract