Common use of SUCCESSORS OF THE PARTIES Clause in Contracts

SUCCESSORS OF THE PARTIES. 8.1 This Agreement shall inure to the benefit of and be binding upon the President and CEO, and, to the extent applicable, his assigns, executors, and personal representatives and the Company, its successors, and assigns, including, without limitation, any person, partnership, or corporation which may acquire all or substantially all of the Company’s assets and business, or with or into which the Company may be consolidated or merged, and this provision shall apply in the event of any subsequent merger, consolidation, or transfer. 8.2 This Agreement is personal to each of the parties hereto and neither party may assign or delegate any of his or its rights or obligations hereunder without first obtaining the written consent of the other party.

Appears in 7 contracts

Samples: Employment Agreement (Ofg Bancorp), Employment Agreement (Ofg Bancorp), Employment Agreement (Ofg Bancorp)

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SUCCESSORS OF THE PARTIES. 8.1 This Agreement shall inure to the benefit of and be binding upon the President and CEOChairman, and, to the extent applicable, his assigns, executors, and personal representatives and the Company, its successors, and assigns, including, without limitation, any person, partnership, or corporation which may acquire all or substantially all of the Company’s 's assets and business, or with or into which the Company may be consolidated or merged, and this provision shall apply in the event of any subsequent merger, consolidation, or transfer. 8.2 This Agreement is personal to each of the parties hereto and neither party may assign or delegate any of his or its rights or obligations hereunder without first obtaining the written consent of the other party.

Appears in 1 contract

Samples: Chairman Agreement (Oriental Financial Group Inc)

SUCCESSORS OF THE PARTIES. 8.1 This Agreement shall inure to the benefit of and be binding upon the President and CEOChairman, and, to the extent applicable, his assigns, executors, and personal representatives and the Company, its successors, and assigns, including, without limitation, any person, partnership, or corporation which may acquire all or substantially all of the Company’s assets and business, or with or into which the Company may be consolidated or merged, and this provision shall apply in the event of any subsequent merger, consolidation, or transfer. 8.2 This Agreement is personal to each of the parties hereto and neither party may assign or delegate any of his or its rights or obligations hereunder without first obtaining the written consent of the other party.

Appears in 1 contract

Samples: Chairman Agreement (Oriental Financial Group Inc)

SUCCESSORS OF THE PARTIES. 8.1 This Agreement shall inure to the benefit of and be binding upon the President and CEO, and, to the extent applicable, his assigns, executors, and personal representatives and the Company, its successors, and assigns, including, without limitation, any person, partnership, or corporation which may acquire all or substantially all of the Company’s 's assets and business, or with or into which the Company may be consolidated or merged, and this provision shall apply in the event of any subsequent merger, consolidation, or transfer. 8.2 This Agreement is personal to each of the parties hereto and neither party may assign or delegate any of his or its rights or obligations hereunder without first obtaining the written consent of the other party.

Appears in 1 contract

Samples: Employment Agreement (Ofg Bancorp)

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SUCCESSORS OF THE PARTIES. 8.1 This Agreement shall inure to the benefit of and be binding upon the President and CEOPresident, and, to the extent applicable, his assigns, executors, and personal representatives and the Company, its successors, and assigns, including, without limitation, any person, partnership, or corporation which may acquire all or substantially all of the Company’s 's assets and business, or with or into which the Company may be consolidated or merged, and this provision shall apply in the event of any subsequent merger, consolidation, or transfer., 8.2 This Agreement is personal to each of the parties hereto and neither party may assign or delegate any of his or its rights or obligations hereunder without first obtaining the written consent of the other party.

Appears in 1 contract

Samples: Employment Agreement (Oriental Financial Group Inc)

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