Common use of Assignment and Succession Clause in Contracts

Assignment and Succession. (a) The services to be rendered and obligations to be performed by the Employee under the Employment Agreement are special and unique, and all such services and obligations and all of the Employee's rights under the Employment Agreement are personal to the Employee and shall not be assignable or transferable. In the event of the Employee's death, however, the Employee's personal representative shall be entitled to receive any and all payments then due under the Employment Agreement. (b) The Employment Agreement shall inure to the benefit of and be binding upon and enforceable by the Company and the Employee and their respective successors, permitted assigns, heirs, legal representatives, executors, and administrators. If the Company shall be merged into or consolidated with another entity, the provisions of the Employment Agreement shall be binding upon and inure to the benefit of the entity surviving such merger or resulting from such consolidation. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree to perform the Employment Agreement in the same manner that the Company would be required to perform it if no such succession had taken place. The provisions of this paragraph 6(b) shall continue to apply to each subsequent Company of the Employee hereunder in the event of any subsequent merger, consolidation, or transfer of assets of such subsequent Company.

Assignment and Succession. (a) The services to be rendered and obligations to be performed by the Employee under the this Employment Agreement are special and unique, and all such services and obligations and all of the Employee's rights under the this Employment Agreement are personal to the Employee and shall not be assignable or transferable. In the event of the Employee's death, however, the Employee's personal representative shall be entitled to receive any and all payments then due under the this Employment Agreement. (b) The This Employment Agreement shall inure to the benefit of and be binding upon and enforceable by the Company Employer and the Employee and their respective successors, permitted assigns, heirs, legal representatives, executors, executors and administrators. If the Company Employer shall be merged into or consolidated with another entity, the provisions of the Employment Agreement shall be binding upon and inure to the benefit of the entity surviving such merger or resulting from such consolidation. The Company Employer 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 Employer, by agreement in form and substance satisfactory to Employee, to expressly assume and agree to perform the this Employment Agreement in the same manner that the Company Employer would be required to perform it if no such succession had taken place. The provisions of this paragraph 6(b7(b) shall continue to apply to each subsequent Company employer of the Employee hereunder in the event of any subsequent merger, consolidation, or transfer of assets of such subsequent Companyemployer or otherwise.

Assignment and Succession. (a) The services to be rendered and obligations to be performed by the Employee under the this Employment Agreement are special and unique, and all such services and obligations and all of the Employee's ’s rights under the this Employment Agreement are personal to the Employee and shall not be assignable or transferable. In the event of the Employee's ’s death, however, the Employee's ’s personal representative shall be entitled to receive any and all payments then due under the this Employment Agreement. (b) The This Employment Agreement shall inure to the benefit of and be binding upon and enforceable by the Company and the Employee and their respective successors, permitted assigns, heirs, legal representatives, executors, and administrators. If the Company shall be merged into or consolidated with another entity, the provisions of the Employment Agreement shall be binding upon and inure to the benefit of the entity surviving such merger or resulting from such consolidation. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree to perform the this Employment Agreement in the same manner that the Company would be required to perform it if no such succession had taken place. The provisions of this paragraph 6(b) shall continue to apply to each subsequent Company of the Employee hereunder in the event of any subsequent merger, consolidation, or transfer of assets of such subsequent Company.

Assignment and Succession. (a) The services to be rendered and obligations to be performed by the Employee under the this Employment Agreement are special and unique, and all such services and obligations and all of the Employee's rights under the this Employment Agreement are personal to the Employee and shall not be assignable or transferabletransferrable. In the event of the Employee's death, however, the Employee's personal representative shall be entitled to receive any and all payments then due under the this Employment Agreement. (b) The This Employment Agreement shall inure to the benefit of and be binding upon and enforceable by the Company Employer and the Employee and their respective successors, permitted assigns, heirs, legal representatives, executors, and administrators. If the Company Employer shall be merged into or consolidated with another entity, the provisions of the Employment Agreement shall be binding upon and inure to the benefit of the entity surviving such merger or resulting from such consolidation. The Company Employer 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 Employer, by agreement in form and substance satisfactory to the Employee, to expressly assume and agree to perform the this Employment Agreement in the same manner that the Company Employer would be required to perform it if no such succession had taken place. The provisions of this paragraph 6(b8(b) shall continue to apply to each subsequent Company employer of the Employee hereunder in the event of any subsequent merger, consolidation, or transfer of assets of such subsequent Companyemployer or otherwise.

Assignment and Succession. (a) The services to be rendered and obligations to be performed by the Employee under the this Employment Agreement are special and unique, and all such services and obligations and all of the Employee's ’s rights under the this Employment Agreement are personal to the Employee and shall not be assignable or transferable. In the event of the Employee's ’s death, however, the Employee's ’s personal representative shall be entitled to receive any and all payments then due under the this Employment Agreement. (b) The This Employment Agreement shall inure to the benefit of and be binding upon and enforceable by the Company and the Employee and their respective successors, permitted assigns, heirs, legal representatives, executors, and administrators. If the Company shall be merged into or consolidated with another entity, the provisions of the this Employment Agreement shall be binding upon and inure to the benefit of the entity surviving such merger or resulting from such consolidation. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree to perform the this Employment Agreement in the same manner that the Company would be required to perform it if no such succession had taken place. The provisions of this paragraph 6(bSection 10(b) shall continue to apply to each subsequent Company of the Employee hereunder in the event of any subsequent merger, consolidation, or transfer of assets of such subsequent Company.

Assignment and Succession. (a) The services to be rendered and obligations to be performed by the Employee under the Employment Agreement are special and unique, and all such services and obligations and all of the Employee's ’s rights under the Employment Agreement are personal to the Employee and shall not be assignable or transferable. In the event of the Employee's ’s death, however, the Employee's ’s personal representative shall be entitled to receive any and all payments then due under the Employment Agreement. (b) The Employment Agreement shall inure to the benefit of and be binding upon and enforceable by the Company and the Employee and their respective successors, permitted assigns, heirs, legal representatives, executors, and administrators. If the Company shall be merged into or consolidated with another entity, the provisions of the Employment Agreement shall be binding upon and inure to the benefit of the entity surviving such merger or resulting from such consolidation. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree to perform the Employment Agreement in the same manner that the Company would be required to perform it if no such succession had taken place. The provisions of this paragraph 6(b) shall continue to apply to each subsequent Company of the Employee hereunder in the event of any subsequent merger, consolidation, or transfer of assets of such subsequent Company.