Common use of Nonassignability Binding Agreement Clause in Contracts

Nonassignability Binding Agreement. Your rights, duties, obligations or interests under this Letter Agreement will not be assignable or delegable by you, and all of the rights and obligations of the Employer hereunder will not be assignable by the Employer except as incident to a reorganization, merger or consolidation, or transfer of all or substantially all of the Employer’s assets.

Nonassignability Binding Agreement. Your rights, duties, obligations or interests under this Letter Agreement will not be assignable or delegable by you, and all of the rights and obligations of the Company and/or the Employer hereunder will not be assignable by the Company or the Employer except as incident to a reorganization, merger or consolidation, or transfer of all or substantially all of the Company’s and/or the Employer’s assets.

Nonassignability Binding Agreement. Your rights, duties, obligations or interests under this Letter Agreement will not be assignable or delegable by you, and all . All of the rights and obligations of the Employer Company hereunder will not be assignable by the Employer Company except as incident to a reorganization, merger or consolidation, or transfer of all or substantially all of the EmployerCompany’s assets, provided that the assignee or transferee assumes by operation of law or in a writing duly executed by such assignee or transferee all of the liabilities, obligations and duties of the Company contained in this Agreement.