Common use of Successors to the Trust Clause in Contracts

Successors to the Trust. This Agreement shall be binding upon and inure to the benefit of the Trust and any successor of the Trust. The Trust 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 Trust to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Trust would be required to perform it if no succession had taken place.

Successors to the Trust. This Agreement shall be binding upon and inure to the benefit of the Trust and any successor of the Trust. The Trust will shall require any successor (successor, ----------------------- whether direct or indirect, by purchase, merger, consolidation or otherwise) , and whether to all or substantially all of the business and/or assets of the Trust Trust, to expressly assume the obligations of this Agreement. Such assumption shall be by an express agreement signed by both the successor Company and agree to perform this Agreement in the same manner Executive and shall be reasonably satisfactory to the same extent that the Trust would be required to perform it if no succession had taken placeExecutive.