Common use of Successors of the Company Clause in Contracts

Successors of the Company. This Agreement shall be binding on and inure to the benefit of any Successor (as hereinafter defined) of the Company and any such Successor shall be deemed substituted for the Company under the terms of this Agreement. As used in this Agreement, the term “Successor” shall include any person, firm, corporation or other business entity which at any time, whether by merger, purchase or otherwise, acquires all or substantially all of the assets or businesses of the Company; but no such substitution shall relieve such companies of their original obligations hereunder. This Agreement may not otherwise be assigned by the Company without the Employee’s consent to any person, firm, corporation, limited liability company, trust or other entity.

Appears in 3 contracts

Samples: Employment Agreement (Zonagen Inc), Employment Agreement (Repros Therapeutics Inc.), Employment Agreement (Repros Therapeutics Inc.)

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Successors of the Company. This Agreement shall be binding on and inure to the benefit of any Successor (as hereinafter defined) of the Company and any such Successor shall be deemed substituted for the Company under the terms of this Agreement. As used in this Agreement, the term “Successor” shall include any person, firm, corporation or other business entity which at any time, whether by merger, purchase or otherwise, acquires all or substantially all of the assets or businesses of the Company; but no such substitution shall relieve such companies of their original obligations hereunder. This Agreement may not otherwise be assigned by the Company without the Employee’s 's consent to any person, firm, corporation, limited liability company, trust or other entity.

Appears in 2 contracts

Samples: Employment Agreement (Repros Therapeutics Inc.), Employment Agreement (Repros Therapeutics Inc.)

Successors of the Company. This Agreement shall be binding on and inure to the benefit of any Successor (as hereinafter defined) of the Company and any such Successor shall be deemed substituted for the Company under the terms of this Agreement. As used in this Agreement, the term “Successor” "SUCCESSOR" shall include any person, firm, corporation or other business entity which at any time, whether by merger, purchase or otherwise, acquires all or substantially all of the assets or businesses of the Company; but no such substitution shall relieve such companies of their original obligations hereunder. This Agreement may not otherwise be assigned by the Company without the Employee’s Executive's consent to any person, firm, corporation, limited liability company, trust or other entity.

Appears in 2 contracts

Samples: Employment Agreement (Zonagen Inc), Employment Agreement (Zonagen Inc)

Successors of the Company. This Agreement shall be binding on upon and inure to the benefit of any Successor (as hereinafter defined) of the Company and any such Successor shall be deemed substituted for the Company under the terms of this Agreement. As used in this Agreement, the term "Successor" shall include any person, firm, corporation or other business entity which at any time, whether by merger, purchase or otherwise, acquires all or substantially all of the assets or businesses of the Company; but no such substitution shall relieve such companies of their original obligations hereunder. This Agreement may not otherwise be assigned by the Company without the Employee’s Executive's consent to any person, firm, corporation, limited liability company, trust or other entity.

Appears in 1 contract

Samples: Employment Agreement (Industrial Holdings Inc)

Successors of the Company. This Agreement shall be binding on and ------------------------- inure to the benefit of any Successor (as hereinafter defined) of the Company and any such Successor shall be deemed substituted for the Company under the terms of this Agreement. As used in this Agreement, the term “Successor” "SUCCESSOR" shall include any person, firm, corporation or other business entity which at any time, whether by merger, purchase or otherwise, acquires all or substantially all of the assets or businesses of the Company; but no such substitution shall relieve such companies of their original obligations hereunder. This Agreement may not otherwise be assigned by the Company without the Employee’s Executive's consent to any person, firm, corporation, limited liability company, trust or other entity.. EMPLOYMENT AGREEMENT XXXX XXXXXXX, MD, MSC

Appears in 1 contract

Samples: Employment Agreement (Zonagen Inc)

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Successors of the Company. This Agreement shall be binding on and inure to the benefit of any Successor (as hereinafter defined) of the Company and any such Successor shall be deemed substituted for the Company under the terms of this Agreement. As used in this Agreement, the term “Successor” "SUCCESSOR" shall include any person, firm, corporation or other business entity which at any time, whether by merger, purchase or otherwise, acquires all or substantially all of the assets or businesses of the Company; but no such substitution shall relieve such companies of their original obligations hereunder. This Agreement may not otherwise be assigned by the Company without the Employee’s Executive's consent to any person, firm, corporation, limited liability company, trust or other entity.. EMPLOYMENT AGREEMENT F. XXXXX XXXXXX

Appears in 1 contract

Samples: Employment Agreement (Zonagen Inc)

Successors of the Company. This Agreement shall be binding on and ------------------------- inure to the benefit of any Successor (as hereinafter defined) of the Company and any such Successor shall be deemed substituted for the Company under the terms of this Agreement. As used in this Agreement, the term “Successor” "SUCCESSOR" shall include any person, firm, corporation or other business entity which at any time, whether by merger, purchase or otherwise, acquires all or substantially all of the assets or businesses of the Company; but no such substitution shall relieve such companies of their original obligations hereunder. This Agreement may not otherwise be assigned by the Company without the Employee’s Executive's consent to any person, firm, corporation, limited liability company, trust or other entity.

Appears in 1 contract

Samples: Employment Agreement (Zonagen Inc)

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