Common use of Nonassignability Binding Agreement Clause in Contracts

Nonassignability Binding Agreement. (a) By the Executive. This Agreement and any and all rights, duties, obligations or interests hereunder shall not be assignable or delegable by the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Jetblue Airways Corp), Employment Agreement (American Axle & Manufacturing Holdings Inc)

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Nonassignability Binding Agreement. (a) By the Executive. This Agreement and any and all rights, duties, obligations or interests hereunder shall not be assignable or delegable by the Executive. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, any successors to or assigns of the Company and the Executive's heirs and the personal representatives of the Executive's estate.

Appears in 2 contracts

Samples: Employment Agreement (Merisel Inc /De/), Employment Agreement (Merisel Inc /De/)

Nonassignability Binding Agreement. (a) By the Executive. This Neither this Agreement and nor any and or all of the rights, duties, obligations or interests hereunder shall not be assignable or delegable by the Executive.

Appears in 1 contract

Samples: Employment Agreement

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Nonassignability Binding Agreement. (a) By the Executive. This Neither this Agreement and nor any and all rightsright, dutiesduty, obligations obligation or interests interest hereunder shall not be assignable or delegable by the ExecutiveExecutive without the Company's prior written consent; provided, however, that nothing in this paragraph shall preclude the Executive from designating any of his beneficiaries to receive any benefits payable hereunder upon his death, or his executors, administrators, or their legal representatives, from assigning any rights hereunder to the person or persons entitled thereto.

Appears in 1 contract

Samples: Employment Agreement (Bridgeport Machines Inc)

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