Right of Company to Assign. This Agreement shall be assignable and transferable by the Company and any such assignment or transfer shall inure to the benefit of and be binding upon the Executive, the Executive's heirs and personal representatives, and the Company and its successors and assigns. The Executive agrees to execute all documents necessary to ratify and effectuate such assignment. An assignment of this Agreement by the Company shall not release the Company from its monetary obligations under this Agreement.
Appears in 4 contracts
Sources: Employment Agreement (Integrated Health Services Inc), Employment Agreement (Monarch Properties Inc), Employment Agreement (Integrated Health Services Inc)
Right of Company to Assign. This Agreement shall be assignable and transferable by the Company and any such assignment or transfer shall inure to the benefit of and be binding upon the Executive, the Executive's heirs and personal representatives, and the Company and its successors and assigns. The Executive agrees to execute all documents necessary to ratify and effectuate such assignment. An assignment of this Agreement by the Company shall not release the Company from its monetary obligations under this Agreement.
Appears in 1 contract
Sources: Employment Agreement (Integrated Health Services Inc)
Right of Company to Assign. This Agreement shall be assignable and transferable by the Company to Company's transferee, assignee or any successor-in-interest, parent, subsidiary or affiliate of Company, and any such assignment or transfer shall inure to the benefit of and be binding upon the ExecutiveEmployee, the ExecutiveEmployee's heirs and personal representatives, and the Company and its successors and assigns. The Executive Employee agrees to execute all documents necessary to ratify and effectuate such assignment. An assignment of this Agreement by the Company shall not release the Company from its monetary obligations under this Agreement.
Appears in 1 contract
Sources: Employment Agreement (Community Care of America Inc)
Right of Company to Assign. This Agreement shall not be assignable and transferable by the Company and any such assignment or transfer Company. This Agreement shall inure to the benefit of and be binding upon the Executive, Executive and the Executive's heirs and personal representatives, and the Company and its successors and assigns. The Executive agrees to execute all documents necessary to ratify and effectuate such assignment. An assignment of this Agreement by the Company shall not release the Company from its monetary obligations under this Agreementsuccessors.
Appears in 1 contract
Sources: Employment Agreement (Integrated Health Services Inc)