Common use of Merger, etc Clause in Contracts

Merger, etc. In the event of a future disposition of the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entity.

Appears in 5 contracts

Samples: Employment Agreement (Iparty Corp), Employment Agreement (Iparty Corp), Employment Agreement (Iparty Corp)

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Merger, etc. In the event of a future disposition of (or including) the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to shall assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving corporation or other entity, and such corporation or other entity shall assume in writing all of the obligations of the Company hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Gp Strategies Corp), Employment Agreement (Gp Strategies Corp), Employment Agreement (Gp Strategies Corp)

Merger, etc. In the event of a future disposition of (or including) the properties and business of the Company, substantially as an en entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entity.elect:

Appears in 1 contract

Samples: Employment Agreement (Utg Communications International Inc)

Merger, etc. In the event of a future disposition of (or including) the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to shall assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving corporation or other entity., and such corporation or other entity shall assume in writing all of the obligations of the Company hereunder. EXHIBIT 10.1

Appears in 1 contract

Samples: Employment Agreement (Gp Strategies Corp)

Merger, etc. In the event of a future disposition of (or including) the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to shall assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving corporation or other entity.

Appears in 1 contract

Samples: Employment Agreement (Gp Strategies Corp)

Merger, etc. In the event of a future disposition of the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entitycorporation.

Appears in 1 contract

Samples: Employment Agreement (Iparty Corp)

Merger, etc. In the event of a future disposition of (or including) the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entity.elect:

Appears in 1 contract

Samples: Employment Agreement (Long Distance International Inc)

Merger, etc. In the event of a future disposition of the ------------ properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entity.

Appears in 1 contract

Samples: Employment Agreement (Iparty Corp)

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Merger, etc. In the event of a future disposition of (or including) the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entity.corporation; provided that such corporation shall assume in writing all of the obligations of the Company hereunder; and provided further that the Company (in the event and so long as it remains

Appears in 1 contract

Samples: Employment Agreement (Long Distance International Inc)

Merger, etc. (a) In the event of a future disposition of the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwiseotherwise (each, a "Change of Control Event"), then the Company may elect to shall assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entitycorporation.

Appears in 1 contract

Samples: Employment Agreement (Innopet Brands Corp)

Merger, etc. In the event of a future disposition of the ----------- properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entity.

Appears in 1 contract

Samples: Employment Agreement (Iparty Corp)

Merger, etc. (a) In the event of a future disposition of the properties and business of the Company, substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entitycorporation.

Appears in 1 contract

Samples: Employment Agreement (Nam Corp)

Merger, etc. In the event of a future disposition of the properties and business of the Company, as or substantially as an entirety, by merger, consolidation, sale of assets, sale of stock, or otherwise, then the Company may elect to assign this Agreement and all of its rights and obligations hereunder to the acquiring or surviving entitycorporation; and upon such assignment Employee's rights and obligations hereunder shall continue with the same force and effect as if such acquiring or surviving corporation had ab initio been a party hereto in lieu and stead of the Company.

Appears in 1 contract

Samples: Employment Agreement (Innopet Brands Corp)

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