Common use of Right of Company to Assign Clause in Contracts

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 (provided that no such assignment shall relieve Company of its obligations to Employee hereunder absent a written release signed by Employee), and shall inure to the benefit of and be binding upon the Employee, the Employee's heirs and personal representatives, and the Company and its successors and assigns. Employee agrees to execute all documents necessary to ratify and effectuate such assignment.