SUCCESSORS CLAUSE Clause Samples

A Successors Clause establishes that the rights and obligations under a contract are binding on, and benefit, not only the original parties but also their successors and permitted assigns. In practice, this means that if a party to the contract is replaced by another entity through merger, acquisition, or assignment, the new entity will inherit the contractual responsibilities and benefits. This clause ensures continuity and enforceability of the agreement even if the parties change, thereby preventing parties from escaping their obligations through restructuring or transfer.
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SUCCESSORS CLAUSE. This Agreement shall be binding upon the Employer’s successors, assignee, purchaser, lessee or transferee, whether affected voluntarily or by operation of law; and in the event of the Employer’s merger or consolidation with another employer, this Agreement shall be binding.
SUCCESSORS CLAUSE. 41.1: This Collective Bargaining Agreement shall be binding upon the successors and assigns of the parties hereto until the expiration of this Collective Bargaining Agreement, unless otherwise extended by mutual agreement of the parties.
SUCCESSORS CLAUSE. This Agreement shall insure to the benefit of and be binding upon the parties hereto, their successors, and assigns.
SUCCESSORS CLAUSE. In the event that there is consideration of annexation, consolidation, or other reorganization with one (1) or more districts in whole or in part, the Board shall notify the Association in writing immediately. Upon request by the Association, the Board will meet with the Association to discuss the plans, and to receive input from the Association. Areas of discussion shall include, but not be limited to: seniority, wage scale, placement, transfers and employment by the successor Board. The Board will make reasonable efforts to assure the continued employment of all employees. Both the Board and the Association recognize that the Board may not have any legal authority or responsibility to assure the continued employment of Board employees in the event of annexation/consolidation, or other reorganization of the Employer.
SUCCESSORS CLAUSE. In the event of consolidation, merger, annexation, transfer or assignment of the District with or to any other political subdivision of the state, the parties shall comply with any then applicable legislation, including, but not limited to, any obligations of the parties to bargain collectively with regard to the impact of such consolidation, merger, annexation, transfer or assignment upon wages, hours or working conditions of the effected employees.
SUCCESSORS CLAUSE. This agreement shall be binding upon the successors and assigns of the ▇▇▇▇▇▇▇ ▇▇▇▇ Fire District, and no provisions, terms, or obligations herein shall be affected, modified, changed or altered in any respect whatsoever by the consolidation, merger, annexation, transfer, or assignment of the ▇▇▇▇▇▇▇ Hill Fire District, or by any change geographically, or otherwise, in the location or place of business of the ▇▇▇▇▇▇▇ ▇▇▇▇ Fire District. In the event of a consolidation, merger, annexation, or transfer, the only section that may be altered is the section pertaining to wages. Said section shall only be opened to provide for a wage or salary increase.
SUCCESSORS CLAUSE. To the extent that the laws of the State of Michigan provide, this Agreement shall be binding upon the Employer's successor.‌
SUCCESSORS CLAUSE. Section 1. This Agreement shall be binding upon the parties hereto, as well as upon their respective officers, agents, or representatives and upon the successors, transferees and assigns of the Employer.
SUCCESSORS CLAUSE. 11.1 In the event of consolidation, merger, annexation, transfer, or assignment of the Employer with or to any other political sub-division of the State, the parties shall comply with any then applicable legislation, including, but not limited to, the obligations of the parties to bargain collectively regarding the impact of such consolidation, merger, annexation, transfer, or assignment upon the wages, hours or working conditions of the effected employees. 11.2 In the event of consolidation, merger, annexation, or transfer of the Employer with or to any other political subdivision of the State, IAFF Local 3186 and Mountain View Fire and Rescue agree to unilaterally negotiate for all Union employees involved to retain time for time and rank (grade) for rank (grade). 11.3 In the event that Mountain View Fire and Rescue is not the lead agency, and the new or transfer organization does not recognize the rank of an officer as it exists in Mountain View Fire and Rescue, the transferring officer(s) shall be promoted to the next corresponding rank of officer recognized by the transfer agency prior to the transfer or change of employment. The Employer shall have no obligation to add, upgrade or change in grade pay because of this process other than related to the employee's current or regular pay grade prior to this action. Example: Should the lowest ranking officer in the transfer Department be "Captain" and this is the same corresponding rank of "Lieutenant" at Mountain View Fire and Rescue, the "Lieutenant" would be promoted to "Captain" prior to the change in employment but receives the pay grade of "Lieutenant" while still under the "employment" of Mountain View Fire and Rescue. This change would be overturned, and the employee returned to their previous rank prior to this action should the employee not transfer and remain an employee of Mountain View Fire and Rescue. 11.4 In the event that Mountain View Fire and Rescue does not recognize or hold a position recognized by the transfer agency, but the employee has been performing the duties on a regular basis, the Employer will recognize this position and provide the transferring employee with such a position prior to the end of employment with Mountain View Fire and Rescue and transfer to the new employer as a result of consolidation, merger annexation or transfer of the Department with or to any other political subdivision of the State. The Employer shall have no obligation to add, upgrade or change in grade ...
SUCCESSORS CLAUSE. 42.1: This Collective Bargaining Agreement shall be binding upon the successors and assigns of the parties hereto until the expiration of this Collective Bargaining Agreement, unless otherwise extended by mutual agreement of the parties. The parties agree that the Collective Bargaining Agreement between the Charter Township of Plymouth and the Command Officers Association of Michigan, effective January 1, 2024, shall remain in full force and effect through December 31, 2027.