Xxxxxxment. The Company hereby employs Executive, and Executive hereby accepts such employment with the Company for the period provided for in Section 2, all upon the terms and conditions contained in this Agreement. As a condition to Executive's employment by the Company, Executive affirms and represents that Executive is under no obligation to any former employer or other person which is in any way inconsistent with, or which imposes any restriction upon, Executive's acceptance of employment with the Company, the employment of Executive by the Company, or Executive's undertaking under this Agreement.
Xxxxxxment. Any and all rights or interests, as evidenced by this conditional commitment, of JAC, the Borrowers, the JAC Guarantors or the Guarantor, if any, are not assignable by operation of law or otherwise without the prior written consent of Lender. Actions at Closing At closing, JAC, the Borrowers, the JAC Guarantors and the Guarantor are to execute and deliver such documents and do such other acts and things as Lender or Lender's counsel may reasonably request in order to fully effect txx xxxposes of and the completion of the loan transaction(s) described herein. All such documents, acts, disclosures made and other related matters regarding the loan transaction(s) are to be satisfactory to Lender and Lender's counsel.
Xxxxxxment. Company engages Contractor and Contractor agrees to provide the Services to Company, subject the terms and conditions hereinafter set forth.
Xxxxxxment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement, nor any of the rights, interests or obligations hereunder shall be assigned by Licensee without the prior written consent of Licensor, and any attempts to do so without the consent of Licensor shall be void and of no effect.
Xxxxxxment. This Agreement and axx xx xxx xxxxxxions hereof shall be binding upon and inure to the benefit of the Parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any Party hereto, including by operation of law, without the prior written consent of each other Party, such consent not to be unreasonably withheld, nor is this Agreement intended to confer upon any other Person except the Parties hereto any rights, interests, obligations or remedies hereunder. No provision of this Agreement shall create any third party beneficiary rights in any employee or former employee of Sellers (including any beneficiary or dependent thereof) in respect of continued employment or resumed employment, and no provision of this Agreement shall create any rights in any such Persons in respect of any benefits that may be provided, directly or indirectly, under any employee benefit plan or arrangement except as expressly provided for thereunder. Notwithstanding the foregoing, but subject to all applicable legal requirements, (i) Buyer or its permitted assignee may assign, transfer, pledge or otherwise dispose of (absolutely or as security) its rights and interests hereunder to a trustee, lending institutions or other party for the purposes of leasing, financing or refinancing the Purchased Assets, including such an assignment, transfer or other disposition upon or pursuant to the exercise of remedies with respect to such leasing, financing or refinancing, or by way of assignments, transfers, pledges, or other dispositions in lieu thereof, and (ii) Buyer or its permitted assignee may assign, transfer, pledge or otherwise dispose of its rights and interests to cause Sellers to perform in accordance with the provisions of Section 6.12(d) hereof in connection with any subsequent disposition by Buyer of the Purchased Assets; provided, however, that no such assignment shall relieve or discharge Buyer from any of its obligations hereunder. Sellers agree, at Buyer's expense, to execute and deliver such documents as may be reasonably necessary to accomplish any such assignment, transfer, pledge or other disposition of rights and interests hereunder so long as Sellers' rights under this Agreement are not thereby altered, amended, diminished or otherwise impaired.
Xxxxxxment. Neither this Agreement xxx xxx xx xxe rights, interests or obligations hereunder shall be assigned by any of the parties (except with respect to any of the Shareholders, by operation of law upon death or through intestacy) without the prior written consent of the other parties. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties and their respective successors, assigns, executors, heirs or trustees.
Xxxxxxment. Neither this Agrexxxxx, xxx Xxxion nor any of the rights, interests, or obligations under this Agreement may be assigned or delegated, in whole or in part, by operation of law or otherwise, by Issuer or Grantee without the prior written consent of the other. Any assignment or delegation in violation of the preceding sentence will be void. Subject to the first and second sentences of this Section 11(g), this Agreement will be binding upon, inure to the benefit of, and be enforceable by, the parties and their respective successors and assigns.
Xxxxxxment. The Corporation hereby employs the Employee as Chief Financial Officer and the Employee hereby accepts such employment in accordance with the terms and conditions of this Agreement.
Xxxxxxment. This Xxxxxxxxx xhall be bindixx xxxx, xnd inure to the benefit of, the parties' respective successors, permitted assigns, and heirs and legal representatives. This Agreement may be assigned by the Company to, and thereupon shall inure to the benefit of, any organization which succeeds to substantially all of the business or assets of the Company, whether by means of merger, consolidation, acquisition of all or substantially all of the assets of the Company or otherwise, including, without limitation, by operation of law. This Agreement is a personal services contract and may not be assigned by Ermilio nor may the duties of Ermilio hereunder be delegated by Ermilxx xx xny other person.
Xxxxxxment. Neixxxx xxx Xxxxxxxxx, xxx Xxxxxxxxx'x xxxxxx, xxr any other beneficiary under this Agreement shall have any power or right to transfer, assign, hypothecate, modify or otherwise encumber any part or all of the amounts payable hereunder, nor, prior to payment in accordance with the terms of this Agreement, shall any portion of such amounts be: (i) subject to seizure by any creditor of any such beneficiary, by a proceeding at law or in equity, for the payment of any debts, judgments, alimony or separate maintenance obligations which may be owed by the Executive, the Executive's spouse, or any designated beneficiary; or (ii) transferable by operation of law in the event of bankruptcy, insolvency or otherwise. Any such attempted assignment or transfer shall be void and shall terminate this Agreement, and the Employer shall thereupon have no further liability hereunder.
