Successors and Binding Agreements. a. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business and/or assets of the Company expressly to assume and to agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no succession had taken place. This Agreement shall be binding upon and inure to the benefit of the Company and any such successor, and such successor shall thereafter be deemed the "Company" for the purposes of this Agreement.
Appears in 6 contracts
Samples: Senior Officer Employment and Non Compete Agreement (Wisconsin Energy Corp), Non Compete Agreement (Wisconsin Energy Corp), Senior Officer Agreement (Snap on Inc)
Successors and Binding Agreements. a. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business and/or assets of the Company expressly to assume and to agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no succession had taken place. This Agreement shall be binding upon and inure to the benefit of the Company and any such successor, and such successor shall thereafter be deemed the "Company" for the purposes of this Agreement.
Appears in 4 contracts
Samples: Non Compete Agreement (Wisconsin Energy Corp), Control Agreement (Wisconsin Energy Corp), Employment and Non Compete Agreement (Wisconsin Energy Corp)
Successors and Binding Agreements. a. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) and the direct and indirect parent of any such successor, to all or substantially all of the business and/or assets of the Company expressly to assume and to agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no succession had taken place. This Agreement shall be binding upon and inure to the benefit of the Company and any such successor, and such successor shall thereafter be deemed the "Company" for the purposes of this Agreement.
Appears in 3 contracts
Samples: Compete Agreement (Wisconsin Energy Corp), Severance and Non Compete Agreement (Wisconsin Energy Corp), Special Pension Agreement (Wisconsin Energy Corp)
Successors and Binding Agreements. a. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business and/or assets of the Company expressly to assume and to agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no succession had taken place. This Agreement shall be binding upon and inure to the benefit of the Company and any such successor, and such successor shall thereafter be deemed the "Company" for the purposes of this Agreement.
Appears in 3 contracts
Samples: Deferred Compensation Waiver and Insurance Benefit Agreement (Snap on Inc), Compensation Waiver and Insurance Benefit Agreement (Snap on Inc), Compensation Waiver and Insurance Benefit Agreement (Snap on Inc)
Successors and Binding Agreements. a. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business and/or assets of the Company expressly to assume and to agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no succession 8 had taken place. This Agreement shall be binding upon and inure to the benefit of the Company and any such successor, and such successor shall thereafter be deemed the "Company" for the purposes of this Agreement.
Appears in 1 contract
Successors and Binding Agreements. a. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business and/or assets of the Company expressly to assume and to agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no succession had taken place. This Agreement shall be binding upon and inure to the benefit of the Company and any such successor, and such successor shall thereafter be deemed the "βCompany" β for the purposes of this Agreement.
Appears in 1 contract
Samples: Executive Agreement (SNAP-ON Inc)