Common use of Binding Nature of Agreement; Assignment Clause in Contracts

Binding Nature of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the Company and its successors and assigns and shall be binding upon the Consultant, his heirs and legal representatives. The Company may assign this Agreement at any time to any affiliate, provided that such assignee assumes all of the obligations of the Company hereunder; the Consultant may not assign this Agreement.

Appears in 5 contracts

Samples: Consulting Agreement (Unicapital Corp), Consulting Agreement (Unicapital Corp), Consulting Agreement (Unicapital Corp)

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Binding Nature of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the Company and its successors and assigns and shall be binding upon the Consultant, his heirs and legal representativesEmployee. The Company may assign this Agreement at any time to any affiliatesuccessor in interest to the entire business or assets of the Company, and any such assignee may re-assign this Agreement to any such entity, provided that such assignee assumes all shall be bound by the provisions of this Agreement applicable to the obligations of the Company hereunder; the Consultant Company. The Employee may not assign this Agreement.

Appears in 1 contract

Samples: Non Competition Agreement (Fore Systems Inc /De/)

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Binding Nature of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the Company Company, Parent and its their successors and assigns and shall be binding upon the Consultant, his heirs and legal representativesShareholder. The Company may assign this Agreement at any time to any affiliateAffiliate or any successor in interest to the entire business of the Company, provided that and any such assignee assumes all of the obligations of the Company hereunder; the Consultant may re-assign this Agreement to any such entity. The Shareholder may not assign this Agreement.

Appears in 1 contract

Samples: Noncompetition Agreement (Freemarkets Inc)

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