Common use of Binding of Successors Clause in Contracts

Binding of Successors. The Company will be required to have any successor to all or substantially all of its business and/or assets expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 2 contracts

Sources: Employment Agreement (Neorx Corp), Employment Agreement (Icos Corp / De)