Common use of Benefit; Assignment Clause in Contracts

Benefit; Assignment. This Agreement shall inure to the benefit of and be binding upon Employee, his heirs, executors and administrators, and upon Employer and its successors; but this Agreement may not be assigned by either party except (i) by operation of law upon a merger or consolidation of Employer into or with another corporation, or (ii) by Employer in connection with a sale of its business or any part thereof. Employee hereby expressly consents to any such assignment and agrees to render his services hereunder to any such assignee.

Appears in 5 contracts

Sources: Employment Agreement (Spartech Corp), Employment Agreement (Spartech Corp), Employment Agreement (Spartech Corp)

Benefit; Assignment. This The rights, duties and obligations of the parties under this Agreement shall inure to the benefit of and shall be binding upon Employeetheir respective successors and permitted assigns. Neither this Agreement nor the respective rights, his heirsduties, executors obligations and administrators, and upon Employer and its successors; but responsibilities of Consultant under this Agreement may not be assigned or transferred, in whole or in part, by either party except (i) by operation of law upon a merger or consolidation of Employer into or with another corporation, or (ii) by Employer in connection with a sale of its business or any part thereof. Employee hereby expressly consents Consultant to any such assignment and agrees to render his services hereunder to any such assigneeother person, association, organization, company or other entity (including subcontractors) without the prior written consent of Company.

Appears in 5 contracts

Sources: Consulting Agreement (Synergy CHC Corp.), Consulting Agreement (Synergy CHC Corp.), Consulting Agreement (Synergy CHC Corp.)

Benefit; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and be binding upon Employee, his their respective heirs, executors successors, assigns and administratorsbeneficiaries in interest; provided, and upon Employer and its successors; but however, that Employee may not assign this Agreement without the prior written consent of the Company. This Agreement may not be assigned by either party except (i) by operation of law upon a merger or consolidation of Employer into or with another corporationthe Company without notice to, or (ii) consent by Employer in connection with a sale of its business or any part thereof. Employee hereby expressly consents to any such assignment and agrees to render his services hereunder to any such assigneeEmployee.

Appears in 5 contracts

Sources: Employment Agreement (XSport Global, Inc.), Employment Agreement (XSport Global, Inc.), Employment Agreement (XSport Global, Inc.)

Benefit; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and be binding upon Employee, his their respective heirs, executors successors, assigns and administratorsbeneficiaries in interest; provided, and upon Employer and its successors; but however, that Consultant may not assign this Agreement without the prior written consent of the Company. This Agreement may not be assigned by either party except (i) by operation of law upon a merger or consolidation of Employer into or with another corporation, or (ii) by Employer in connection with a sale of its business or any part thereof. Employee hereby expressly consents to any such assignment and agrees to render his services hereunder to any such assigneethe Company.

Appears in 1 contract

Sources: Asset Purchase Agreement (Edac Technologies Corp)

Benefit; Assignment. This Agreement shall be binding upon and inure to the benefit of and shall be binding upon Employeeenforceable by Purchaser, his heirs, executors the Shareholders and administrators, their respective successors and upon Employer and its successors; but this assigns. This Agreement may not be assigned by either any party except (i) by operation hereto without the prior written consent of law upon a merger the other parties, provided that Purchaser may assign this Agreement, in whole or consolidation in part, to one or more wholly-owned subsidiaries of Employer into or with another corporation, or (ii) by Employer in connection with a sale Purchaser without the consent of its business or any part thereof. Employee hereby expressly consents to any such assignment and agrees to render his services hereunder to any such assigneethe Shareholders.

Appears in 1 contract

Sources: Asset Purchase Agreement (Smart & Final Inc/De)

Benefit; Assignment. This Subject to any provision herein to the contrary, this Agreement shall inure to the benefit of and be binding upon Employeethe parties hereto and their respective legal representatives, his heirs, executors and administratorssuccessors, and upon Employer and its successorsassigns; but provided, however, that Owner may not assign this Agreement may not be assigned by either party except (i) by operation of law upon a merger or consolidation of Employer into or with another corporation, or (ii) by Employer in connection with a sale of its business or any part thereof. Employee hereby expressly consents to any such assignment and agrees to render or all of his services rights or obligations hereunder to any such assigneewithout prior written consent of Company.

Appears in 1 contract

Sources: Marketing Agreement (Gexa Corp)

Benefit; Assignment. This Agreement shall inure to the benefit of the Company and shall be binding upon Employee, his heirs, executors the Company and administrators, Employee and upon Employer their respective successors and its successors; but assigns (to the extent this Agreement is assignable). Employee may not be assigned by either party except (i) by operation assign this Agreement without the prior written consent of law upon a merger or consolidation of Employer into or with another corporation, or (ii) by Employer in connection with a sale of its business or any part thereof. Employee hereby expressly consents to any such assignment and agrees to render his services hereunder to any such assigneethe Company.

Appears in 1 contract

Sources: Employment Agreement (Agate Technologies Inc De)

Benefit; Assignment. This The rights, duties and obligations of the parties under this Agreement shall inure to the benefit of and shall be binding upon Employeetheir respective successors and permitted assigns and, his heirsin the case of the Company, executors for the avoidance of doubt the Company Related Parties. Neither this Agreement nor the rights, duties, obligations and administrators, and upon Employer and its successors; but responsibilities of Consultant under this Agreement may not be assigned or transferred, in whole or in part, by either party except (i) by operation of law upon a merger or consolidation of Employer into or with another corporation, or (ii) by Employer in connection with a sale of its business or any part thereof. Employee hereby expressly consents Consultant to any such assignment and agrees to render his services hereunder to any such assigneeother person, association, organization, company or other entity (including subcontractors) without the prior written consent of Company.

Appears in 1 contract

Sources: Consulting Agreement (BMC Stock Holdings, Inc.)