Common use of Successors and Assigns; Binding Effect Clause in Contracts

Successors and Assigns; Binding Effect. This Agreement shall be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, successors and assigns, provided that Executive may not assign his rights or delegate his obligations hereunder. The Company may assign its rights under the restrictive covenants in Section 5 to any beneficial owner of 10% or more of the Company or any other Affiliate.

Appears in 4 contracts

Sources: Employment and Noncompetition Agreement (Laralev Inc), Employment Agreement (Laralev Inc), Employment Agreement (Advance Holding Corp)

Successors and Assigns; Binding Effect. This Agreement shall will be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Executive, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company or any other Affiliatewhich acquires the Company, subject to the Executive's rights under Section 6.06 hereof.

Appears in 4 contracts

Sources: Employment Agreement (Equidyne Corp), Employment Agreement (Equidyne Corp), Employment Agreement (Equidyne Corp)

Successors and Assigns; Binding Effect. The Company may assign any of its rights under this Agreement. This Agreement shall be ------------------------------------- binding upon and inure to the benefit of the Company successors and Executive assigns of the Company. Subject to the restrictions on transfer set forth herein, this Agreement shall be binding upon the Participant and their respective the Participant’s heirs, legal representatives, executors, administrators, successors and assigns, provided that Executive may not assign his rights or delegate his obligations hereunder. The Company may assign its rights under the restrictive covenants in Section 5 to any beneficial owner of 10% or more of the Company or any other Affiliatelegal representatives.

Appears in 3 contracts

Sources: Performance Unit Grant Agreement (HighPoint Resources Corp), Restricted Stock Agreement (Bill Barrett Corp), Restricted Stock Agreement (Bill Barrett Corp)

Successors and Assigns; Binding Effect. This Agreement shall will be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Consultant, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company or any other Affiliatewhich acquires the Company.

Appears in 3 contracts

Sources: Consulting Agreement (Angion Biomedica Corp.), Consulting Agreement (Angion Biomedica Corp.), Consulting Agreement (Angion Biomedica Corp.)

Successors and Assigns; Binding Effect. This Agreement shall will be ------------------------------------- --------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Executive, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company, provided that the Company or any other Affiliateshall remain liable hereunder.

Appears in 1 contract

Sources: Employment Agreement (Equidyne Corp)

Successors and Assigns; Binding Effect. This Agreement shall will -------------------------------------- be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Executive, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company, provided that the Company or any other Affiliateshall remain liable hereunder.

Appears in 1 contract

Sources: Employment Agreement (Equidyne Corp)

Successors and Assigns; Binding Effect. This Agreement shall will be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Executive, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company or any other AffiliateCompany.

Appears in 1 contract

Sources: Employment Agreement (American Electromedics Corp)

Successors and Assigns; Binding Effect. This Agreement shall -------------------------------------- will be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Executive, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company, provided that the Company or any other Affiliateshall remain liable hereunder.

Appears in 1 contract

Sources: Employment Agreement (American Electromedics Corp)

Successors and Assigns; Binding Effect. This Agreement shall -------------------------------------- will be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Executive, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company or any other AffiliateCompany.

Appears in 1 contract

Sources: Employment Agreement (American Electromedics Corp)

Successors and Assigns; Binding Effect. This Agreement shall will be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Executive, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company, provided that the Company or any other Affiliateshall remain liable hereunder.

Appears in 1 contract

Sources: Employment Agreement (American Electromedics Corp)

Successors and Assigns; Binding Effect. This -------------------------------------- Agreement shall will be ------------------------------------- binding upon and inure to the benefit of the Company and Executive and their respective heirs, legal representatives, executors, administrators, its successors and assigns, provided that Executive may not assign and the Executive, and his rights or delegate his obligations hereunderheirs and administrators. The Company may assign its rights under the restrictive covenants in Section 5 this Agreement to any beneficial owner of 10% or more of corporation which is in a consolidated group with the Company or any other AffiliateCompany.

Appears in 1 contract

Sources: Employment Agreement (American Electromedics Corp)