Common use of Successors; Binding Agreement, Assignment Clause in Contracts

Successors; Binding Agreement, Assignment. (i) The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise), to all or substantially all of the business and/or assets of the Company, by agreement in form and substance satisfactory to Employee, to expressly assume and agree to perform this Agreement

Appears in 2 contracts

Samples: Severance Pay Agreement (Diametrics Medical Inc), Severance Pay Agreement (Diametrics Medical Inc)

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Successors; Binding Agreement, Assignment. (ia) The Company will shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise), ) to all or substantially all of the business and/or assets of the Company, by agreement in form to expressly, absolutely and substance satisfactory to Employee, to expressly unconditionally assume and agree to perform this AgreementAgreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a material breach of this Agreement and shall entitle the Executive to

Appears in 1 contract

Samples: Continuity Agreement (Aquarion Co)

Successors; Binding Agreement, Assignment. (i) The Company will shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise), ) to all or substantially all of the business and/or or assets of the Company, by agreement in form and substance satisfactory to Employee, Company to expressly assume and agree in writing to perform this AgreementAgreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place, provided that the Employee need only be a senior executive officer with the

Appears in 1 contract

Samples: Employment Agreement (Alamosa PCS Holdings Inc)

Successors; Binding Agreement, Assignment. (ia) The Company will shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise), ) to all or substantially all of the business and/or assets of the Company, by agreement in form to expressly, absolutely and substance satisfactory to Employee, to expressly unconditionally assume and agree to perform this AgreementAgreement in the same manner and to the same extent that the Company would be required to

Appears in 1 contract

Samples: Continuity Agreement (Ww International, Inc.)

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Successors; Binding Agreement, Assignment. (ia) The Company will shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise), ) to all or substantially all of the business and/or assets of the Company, by agreement in form to expressly, absolutely and substance satisfactory to Employee, to expressly unconditionally assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement,

Appears in 1 contract

Samples: Continuity Agreement (Weight Watchers International Inc)

Successors; Binding Agreement, Assignment. (ia) The Company will shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise), ) to all or substantially all of the business and/or assets of the Company, by agreement in form and substance satisfactory to Employee, to expressly assume and agree to perform this Agreementthe

Appears in 1 contract

Samples: Excess Plan Agreement (Supervalu Inc)

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