Common use of Benefit; Assignment Clause in Contracts

Benefit; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, assigns and beneficiaries in interest; provided, however, that Employee may not assign this Agreement without the prior written consent of the Company. This Agreement may be assigned by the Company without notice to, or consent by Employee.

Benefit; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective be binding upon Employee, his heirs, executors and administrators, and upon Employer and its successors, assigns and beneficiaries in interest; provided, however, that Employee but this Agreement may not assign this Agreement without the prior written consent of the Company. This Agreement may be assigned by the Company without notice toeither party except (i) by operation of law upon a merger or consolidation of Employer into or with another corporation, or consent (ii) by EmployeeEmployer 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.