Common use of Successors of the Company Clause in Contracts

Successors of the Company. 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 the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement if no such succession had taken place. The failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to terminate this Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s employment for Good Reason. As used in this Agreement, “Company” as hereinbefore defined shall include any successor to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. 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 the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession had taken place. The failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to terminate this the Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s employment for Good Reason. As used in this Agreement, “Company” as hereinbefore defined shall include any successor to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. The Company will require any successor or assign (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 expressly, absolutely and substance satisfactory to the Executive, expressly unconditionally to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession or assignment had taken place. The failure Failure of the Company to obtain such agreement prior to the effectiveness of any such succession transaction shall be a breach of this Agreement and shall entitle the Executive to terminate his or her employment with the Company within three (3) months thereafter and to receive the benefits provided under Section 4 of this Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s employment for Good Reasonevent of Termination Upon Change of Control. As used in this Agreement, “Company” shall mean the Company as hereinbefore defined shall include above and any successor or assign to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 16 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. The Company will require any successor (whether direct director or indirect, by purchase, merger, consolidation 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 the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession had taken place. The failure Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to terminate this Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s employment for Good Reason, except that for purposes of implementing the foregoing, the date on which any such succession becomes effective shall be deemed as the Date of Termination. As used in this Agreement, “Company” as hereinbefore defined shall include any successor to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 Article 11.03 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. The Company will require any successor or assign (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 expressly, absolutely and substance satisfactory to the Executive, expressly unconditionally to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession or assignment had taken place. The failure Failure of the Company to obtain such agreement prior to the effectiveness of any such succession transaction shall be a breach of this Agreement and shall entitle the Executive to terminate his Change of Control with the Company within three months thereafter and to receive the benefits provided under Section 5 of this Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s employment for Good Reasonevent of Termination Upon a Change of Control. As used in this Agreement, “"Company” " shall mean the Company as hereinbefore defined shall include above and any successor or assign to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 15 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. The Company will require any ------------------------- successor or assign (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 expressly, absolutely and substance satisfactory to the Executive, expressly unconditionally to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession or assignment had taken place. The failure Failure of the Company to obtain such agreement prior to the effectiveness of any such succession transaction shall be a breach of this Agreement and shall entitle the Executive to terminate his or her employment with the Company within three months thereafter and to receive the benefits provided under of this Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s employment for Good Reasonevent of Termination Upon Change of Control. As used in this Agreement, “"Company” " shall mean the Company as hereinbefore defined shall include above and any successor or assign to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 12 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. The Company will require any successor or assign (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 expressly, absolutely and substance satisfactory to the Executive, expressly unconditionally to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession or assignment had taken place. The failure Failure of the Company to obtain such agreement prior to the effectiveness of any such succession transaction shall be a breach of this Agreement and shall entitle the Executive Employee to terminate his employment with the Company within three months thereafter and to receive the benefits provided under Section 4 of this Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s employment for Good Reasonevent of Termination Upon Change of Control. As used in this Agreement, “"Company” " shall mean the Company as hereinbefore defined shall include above and any successor or assign to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 13 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. 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 the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession had taken place. The failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to terminate this the Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s 's employment for Good Reason. As used in this Agreement, “"Company” " as hereinbefore defined shall include any successor to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. 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 the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession had taken place. The failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to terminate this the Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s 's employment for Good Reason. As used in this Agreement, “Company” as hereinbefore defined shall include any successor to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.

Successors of the Company. The Company will require any successor or assign (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 expressly, absolutely and substance satisfactory to the Executive, expressly unconditionally to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform this Agreement it if no such succession or assignment had taken place. The failure Failure of the Company to obtain such agreement prior to the effectiveness of any such succession transaction shall be a breach of this Agreement and shall entitle the Executive Employee to terminate her employment with the Company within three (3) months thereafter and to receive the benefits provided under Section 4 of this Agreement and receive compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder if the Executive terminated the Executive’s employment for Good Reasonevent of Termination Upon Change in Control. As used in this Agreement, “"Company” " shall mean the Company as hereinbefore defined shall include above and any successor or assign to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 3.8 13 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law.