Common use of Right of Company to Assign Clause in Contracts

Right of Company to Assign. This Agreement shall be assignable and transferable by the Company to the Company’s transferee, assignee or any successor-in-interest, parent, subsidiary or affiliate of the Company, and shall inure to the benefit of and be binding upon the Employee, the Employee’s heirs and personal representatives, and the Company and its successors and assigns. Employee agrees to execute all documents necessary to ratify and effectuate such assignment. This Agreement shall not be assignable by the Employee, but it shall be binding upon his heirs and personal representatives.

Right of Company to Assign. This Agreement shall be assignable and transferable by the Company to the Company’s transferee, assignee or any successor-in-interest, parent, subsidiary or affiliate of the Company, and shall inure to the benefit of and be binding upon the EmployeeConsultant, the EmployeeConsultant’s heirs and personal representatives, and the Company and its successors and assigns. Employee Consultant agrees to execute all documents necessary to ratify and effectuate such assignment. This Agreement shall not be assignable by the EmployeeConsultant, but it shall be binding upon his heirs and personal representatives.