1Assignment. Assignor hereby assigns, grants, conveys and transfers to Assignee all of Assignor’s rights, title and interest in and to the Employment Agreement, such assignment to become effective as of the Effective Date. 1. 2Assumption. Assignee accepts such assignment and assumes all of Assignor's duties, liabilities and obligations under the Employment Agreement, and agrees to pay, perform and discharge, as and when due, all of the obligations of Assignor under the Employment Agreement accruing on and after the Effective Date.
Appears in 2 contracts
Sources: Officer Employment Agreement (Independence Holding Co), Officer Employment Agreement (Independence Holding Co)