Common use of Persons Bound — Non-Assignment Clause in Contracts

Persons Bound — Non-Assignment. This Agreement and all of the provisions hereof shall be binding upon the parties hereto, their legal representatives, heirs, distributees, successors and assigns. Except as expressly stated herein, nothing in this Agreement is intended to confer upon any other person any rights or remedies under or by reason of this Agreement. Neither this Agreement nor any rights hereunder shall be assignable by Executive.

Appears in 3 contracts

Samples: Employment Termination Benefits Agreement (Moog Inc), Employment Termination Benefits Agreement (Astronics Corp), Employment Termination Benefits Agreement (Astronics Corp)

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Persons Bound — Non-Assignment. This Agreement and all of the provisions hereof shall be binding upon the parties hereto, their legal representatives, heirs, distributees, successors and assigns. Except as expressly stated herein, nothing in this Agreement is intended to confer upon any other person any rights or remedies under or by reason of this Agreement. Neither this Agreement nor any rights hereunder shall be assignable by Executive. Guarantee of Company. If Executive’s services are assigned to any parent, subsidiary or affiliate of Company, Company shall remain liable as a guarantor of the obligations hereunder.

Appears in 3 contracts

Samples: Employment Termination Benefits Agreement (Astronics Corp), Employment Termination Benefits Agreement (Astronics Corp), Employment Termination Benefits Agreement (Astronics Corp)

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Persons Bound — Non-Assignment. This Agreement and all of the its provisions hereof shall be are binding upon the parties heretoCompany and the Executive, their legal representatives, heirs, distributees, successors and assigns. Except as expressly stated hereinin this Agreement, nothing in this Agreement is intended to confer upon any other person any rights or remedies under or by reason of this Agreement. Neither this Agreement nor any rights hereunder shall under this Agreement will be assignable by the Executive.

Appears in 1 contract

Samples: Employment Termination Benefits Agreement (Moog Inc.)

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