Common use of Successors and Assignment Clause in Contracts

Successors and Assignment. Executive may not assign any rights or delegate any duties or obligations under this Agreement. The Company will require its respective assigns and Successors to expressly assume this Agreement and to agree to perform hereunder in the same manner and to the same extent that the Company would be required to perform if no such succession or assignment had taken place. Regardless of whether such an agreement is executed, this Agreement shall inure to the benefit of, and be binding upon, the Company’s Successors and assigns and Executive’s heirs, estate, legatees, executors, administrators, and legal representatives.

Successors and Assignment. Neither the Company nor the Executive may not make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other; provided, however, that the Company may assign any its rights or delegate any duties or and obligations under this Agreement. The Company will require its respective assigns and Successors to expressly assume this Agreement and to agree to perform hereunder without the consent of the Executive in the same manner and to the same extent event that the Company would be required shall hereafter affect a reorganization, consolidate with, or merge into, any other Person or transfer all or substantially all of its properties or assets to perform if no such succession or assignment had taken placeany other Person. Regardless of whether such an agreement is executed, this This Agreement shall inure to the benefit of, of and be binding uponupon the Company and the Executive, the Company’s Successors and assigns and Executive’s heirs, estate, legateestheir respective successors, executors, administrators, heirs and legal representativespermitted assigns.

Successors and Assignment. Executive may not assign any rights or delegate any duties or obligations under this Agreement. The Company will require its respective assigns and Successors to expressly assume this Agreement and to agree to perform hereunder in the same manner and to the same extent that the Company would be required to perform if no such succession or assignment had taken place. Regardless of whether such an agreement is executed, this Agreement shall inure to the benefit of, and be binding upon, the Company’s 's Successors and assigns and Executive’s 's heirs, estate, legatees, executors, administrators, and legal representatives.