Common use of Consent to Reincorporation Clause in Contracts

Consent to Reincorporation. The parties hereto acknowledge that the Company is in the process of reincorporating in Delaware by merging into a wholly-owned Delaware subsidiary of the Company. As such, the parties hereto expressly consent to the assignment of all of the rights and obligations of the parties hereunder to the new Delaware corporation, which will be the surviving corporation in the reincorporation merger.

Consent to Reincorporation. The parties hereto acknowledge that the Company is has recently been reincorporated in the process of reincorporating in Delaware by merging into a wholly-owned Delaware subsidiary of the CompanyDelaware. As such, the parties hereto expressly consent to the assignment of all of the rights and obligations of the parties hereunder Company's predecessor under the Offer Letter to the new Delaware corporationCompany, which will be was the surviving corporation in the reincorporation merger. Except as specifically modified herein, the Company agrees to be bound by all of the terms and conditions of the Offer Letter.