Common use of Binding Release Clause in Contracts

Binding Release. Executive agrees that this Release shall be binding on him and his heirs, administrators, representatives, executors, successors and assigns, and shall inure to the benefit of his heirs, administrators, representatives, executors, successors and assigns.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Cano Petroleum, Inc), Separation Agreement and Release (Resaca Exploitation, Inc.), Separation Agreement and Release (Resaca Exploitation, Inc.)

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Binding Release. Executive agrees that this Release shall be binding on him her and his her heirs, administrators, representatives, executors, successors and assigns, and shall inure to the benefit of his her heirs, administrators, representatives, executors, successors and assigns.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement, Nonqualified Stock Option Agreement (Spectra Energy Corp.)

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