Common use of Heirs and Successors Clause in Contracts

Heirs and Successors. This Agreement shall be binding upon, and inure to the benefit of, the Company and its successors and assigns, and upon any person acquiring all or substantially all of the Company’s assets or business. If any rights of the Participant or benefits distributable to the Participant under this Agreement have not been settled or distributed at the time of the Participant’s death and have not been designated to pass to a certain beneficiary, such rights shall be provided to the legal representative of the estate of the Participant.

Appears in 20 contracts

Samples: Restricted Stock Unit Award Agreement (Heartland Financial Usa Inc), Stock Option Award Agreement (Heartland Financial Usa Inc), Restricted Stock Unit Award Agreement (Heartland Financial Usa Inc)

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Heirs and Successors. This Agreement shall be binding upon, and inure to the benefit of, the Company and its successors and assigns, and upon any person acquiring acquiring, whether by merger, consolidation, purchase of assets or otherwise, all or substantially all of the Company’s assets or and business. If any rights of the Participant or benefits distributable to the Participant under this Agreement have not been settled exercised or distributed distributed, respectively, at the time of the Participant’s death and have not been designated to pass to a certain beneficiarydeath, such rights shall be provided to exercisable by the legal representative of the estate of the Participant.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Ion Geophysical Corp), Restricted Stock Agreement (Ion Geophysical Corp)

Heirs and Successors. This Agreement shall be binding upon, and inure -------------------- to the benefit of, the Company and its successors and assigns, and upon any person acquiring acquiring, whether by merger, consolidation, purchase of assets or otherwise, all or substantially all of the Company’s 's assets or and business. If any rights of the Participant Employee or benefits distributable to the Participant Employee under this Agreement have not been settled exercised or distributed distributed, respectively, at the time of the Participant’s death and have not been designated to pass to a certain beneficiaryEmployee's death, such rights shall be provided to exercisable by, and benefits shall be distributed to, the legal representative of the estate of the ParticipantEmployee's estate.

Appears in 1 contract

Samples: Restricted Stock Agreement (Ziegler Companies Inc)

Heirs and Successors. This Agreement shall be binding upon, and inure to the benefit of, the Company and its successors and assigns, and upon any person acquiring acquiring, whether by merger, consolidation, purchase of assets or otherwise, all or substantially all of the Company’s 's assets or and business. If any rights of exercisable by the Participant or benefits distributable deliverable to the Participant under this Agreement have not been settled exercised or distributed delivered, respectively, at the time of the Participant’s death and have not been designated to pass to a certain beneficiary's death, such rights shall be provided to exercisable by the legal representative of the estate of the Participant.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Private Business Inc)

Heirs and Successors. This Agreement shall be binding upon, and inure to the benefit of, the Company and its successors and assigns, and upon any person acquiring acquiring, whether by merger, consolidation, purchase of assets or otherwise, all or substantially all of the Company’s assets or and business. If any rights of the Participant or benefits distributable to the Participant under this Agreement have not been settled exercised or distributed distributed, respectively, at the time of the Participant’s death and have not been designated to pass to a certain beneficiarydeath, such rights shall be provided to exercisable by the legal representative of the estate of the Participant.

Appears in 1 contract

Samples: Restricted Stock Agreement (Ion Geophysical Corp)

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Heirs and Successors. This Agreement shall be binding upon, and inure to the benefit of, the Company and its successors and assigns, and upon any person acquiring acquiring, whether by merger, consolidation, purchase of assets or otherwise, all or substantially all of the Company’s assets or and business. If any rights of exercisable by the Participant or benefits distributable deliverable to the Participant under this Agreement have not been settled exercised or distributed delivered, respectively, at the time of the Participant’s death and have not been designated to pass to a certain beneficiarydeath, such rights shall be provided to exercisable by the legal representative of the estate of the Participant.

Appears in 1 contract

Samples: Restricted Stock Agreement (Goldleaf Financial Solutions Inc.)

Heirs and Successors. This Agreement shall be binding upon, and inure to the benefit of, the Company and its successors and assigns, and upon any person acquiring all or substantially all of the Company’s assets or business. If any rights of the Participant or benefits distributable to the Participant under this Agreement have not been settled or distributed at the time of the Participant’s death and have not been designated to pass to a certain beneficiary, such rights shall be provided to the legal representative of the estate of the Participant.the

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Heartland Financial Usa Inc)

Heirs and Successors. This Agreement shall be binding upon, and inure to the benefit of, the Company and its successors and assigns, and upon any person acquiring all or substantially all of the Company’s assets or business. If any rights of the Participant or benefits distributable to the Participant under this Agreement have not been settled or distributed at the time of the Participant’s death and have not been designated to pass to a certain beneficiary, such rights shall be provided to the legal representative of the estate of the Participant.been

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Heartland Financial Usa Inc)

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