Other Entities Protected Sample Clauses
The "Other Entities Protected" clause extends the protections and benefits of a contract to parties beyond the primary signatories, such as affiliates, subsidiaries, employees, or agents. In practice, this means that these additional entities are covered by provisions like indemnification, limitation of liability, or confidentiality, even though they are not direct parties to the agreement. This clause is essential for ensuring that related or associated entities are shielded from legal claims or liabilities arising from the contract, thereby reducing risk exposure for the broader organization.
Other Entities Protected. This Agreement, including the restrictions on Participant’s activities apply to any subsidiary, affiliate, successor and assign of LII to which Participant provides services or about which Participant receives Confidential Information. LII has the right to assign this Agreement at its sole election without the need for further notice to or consent by Participant. Accordingly, this Agreement will inure to the benefit of, and may be enforced by, any and all successors and assigns of LII, including without limitation by asset assignment, stock sale, merger, consolidation or other corporate reorganization, and will be binding on Participant, Participant’s executors, administrators, personal representatives or other successors in interest. Participant further agrees that Participant’s rights are personal and may not be assigned or transferred.
Other Entities Protected. This Agreement, including the restrictions on Participant’s activities apply to any subsidiary, affiliate, successor and assign of LII to which Participant provides services or about which Participant receives Confidential Information. LII has the right to assign this Agreement at its sole election without the need for further notice to or consent by Participant. Accordingly, this Agreement will inure to the benefit of, and may be enforced by,
1 Approved Form December 12, 2019