Common use of Merger or Acquisition Disposition and Assignment Clause in Contracts

Merger or Acquisition Disposition and Assignment. In the event the Company should consolidate, or merge into another entity, or transfer all or substantially all of its assets or operations to another Person, or divide its assets or operations among a number of entities, this Agreement shall continue in full force and effect with regard to the surviving entity and may be assigned by the Company if necessary to achieve this purpose. Executive’s obligations under this Agreement are personal in nature and may not be assigned by Executive to another Person.

Appears in 10 contracts

Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.)

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Merger or Acquisition Disposition and Assignment. In the event the If Company should consolidateor any Elevate Group entity consolidates, or merge merges into another entity, or transfer transfers all or substantially all of its assets or operations to another Personentity, or divide its assets or operations among a number of entities, then this Agreement shall continue in full force and effect with regard to the surviving entity and may be assigned by the Company if necessary to achieve this purposeCompany. ExecutiveEmployee’s obligations under this Agreement are personal in nature and may not be assigned by Executive Employee to another Personperson or entity.

Appears in 4 contracts

Samples: Employment, Confidentiality and Non Compete Agreement (Elevate Credit, Inc.), Employment, Confidentiality and Non Compete Agreement (Elevate Credit, Inc.), Employment, Confidentiality and Non Compete Agreement (Elevate Credit, Inc.)

Merger or Acquisition Disposition and Assignment. In the event the Company should consolidate, or merge into another entity, or transfer all or substantially all of its assets or operations to another Person, or divide its assets or operations among a number of entities, this Agreement shall continue in full force and effect with regard to the surviving entity and may be assigned by the Company if necessary to achieve this purpose. Executive’s 's obligations under this Agreement are personal in nature and may not be assigned by Executive to another Person.

Appears in 4 contracts

Samples: Executive Employment Agreement (Environmental Tectonics Corp), Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (Gamestop Corp)

Merger or Acquisition Disposition and Assignment. In the event the Company should consolidate, or merge into another entity, or transfer all or substantially all of its assets or operations to another Person, or divide its assets or operations among a number of entities, subject to the rights of Executive under the Severance Agreement, this Agreement shall continue in full force and effect with regard to the surviving entity and may be assigned by the Company if necessary to achieve this purpose. Executive’s obligations under this Agreement are personal in nature and may not be assigned by Executive to another Person.

Appears in 3 contracts

Samples: Executive Employment Agreement (FelCor Lodging Trust Inc), Employment Agreement (FelCor Lodging Trust Inc), Executive Employment Agreement (FelCor Lodging Trust Inc)

Merger or Acquisition Disposition and Assignment. In the event the If Company should consolidateor any Elevate Group entity consolidates, or merge merges into another entity, or transfer transfers all or substantially all of its assets or operations to another Personentity, or divide its assets or operations among a number of entities, then this Agreement shall continue in full force and effect with regard to the surviving entity and may be assigned by the Company if necessary to achieve this purposeCompany. Executive’s 11936.024 2777677v2 Employee's obligations under this Agreement are personal in nature and may not be assigned by Executive Employee to another Personperson or entity.

Appears in 2 contracts

Samples: Employment, Confidentiality and Non Solicitation Agreement (Elevate Credit, Inc.), Employment, Confidentiality and Non Solicitation Agreement (Elevate Credit, Inc.)

Merger or Acquisition Disposition and Assignment. In the event the Company should consolidate, or merge into another entity, or transfer all or substantially all of its assets or operations to another Person, or divide its assets or operations among a number of entities, this Agreement shall continue in full force and effect with regard to the surviving entity or entities and may be assigned by the Company may assign this Agreement if necessary to achieve this purpose. Executive’s obligations under this Agreement are personal in nature and Executive may not be assigned by Executive assign this Agreement to another Person.

Appears in 2 contracts

Samples: Executive Employment Agreement (GameStop Corp.), Executive Employment Agreement (GameStop Corp.)

Merger or Acquisition Disposition and Assignment. In the event the Company should consolidate, or merge into another entity, or transfer all or substantially all of its assets or operations to another Person, or divide its assets or operations among a number of entities, this Agreement shall continue in full force and effect with regard to the surviving entity and may be assigned by the Company if necessary to achieve this purpose. ExecutiveManager’s obligations under this Agreement are personal in nature and may not be assigned by Executive Manager to another Person.

Appears in 1 contract

Samples: Manager Employment Agreement (American Access Technologies Inc)

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Merger or Acquisition Disposition and Assignment. In the event the If Company should consolidateor any Elevate Group entity consolidates, or merge merges into another entity, or transfer transfers all or substantially all of its assets or operations to another Personentity, or divide its assets or operations among a number of entities, then this Agreement shall continue in full force and effect with regard to the surviving entity and may be assigned by the Company if necessary to achieve this purposeCompany. Executive’s Employee's obligations under this Agreement are personal in nature and may not be assigned by Executive Employee to another Person.person or entity. 11936.024 2777674v2

Appears in 1 contract

Samples: Employment, Confidentiality and Non Compete Agreement (Elevate Credit, Inc.)

Merger or Acquisition Disposition and Assignment. In the event the If Company should consolidateor any Elevate Group entity consolidates, or merge merges into another entity, or transfer transfers all or substantially all of its assets or operations to another Personentity, or divide its assets or operations among a number of entities, then this Agreement shall continue in full force and effect with regard to the surviving entity and may be assigned by the Company if necessary to achieve this purposeCompany. Executive’s Employee's obligations under this Agreement are personal in nature and may not be assigned by Executive Employee to another Personperson or entity.

Appears in 1 contract

Samples: Employment, Confidentiality and Non Solicitation Agreement (Elevate Credit, Inc.)

Merger or Acquisition Disposition and Assignment. In the event the Company should consolidate, or merge into another entity, or transfer all or substantially all of its assets assets, capital stock or operations to another Person, or divide its assets or operations among a number of entities, this Agreement shall continue in full force and effect with regard to the surviving or purchasing entity or entities and may be assigned by the Company may assign this Agreement if necessary to achieve this purpose. Executive’s obligations under this Agreement are personal in nature and Executive may not be assigned by Executive assign this Agreement to another Person.

Appears in 1 contract

Samples: Executive Employment Agreement (GameStop Corp.)

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