Assignment Successors definition

Assignment Successors section is amended by replacing the language with the following: “Except as provided above in Article 9, the Company may not assign its rights and obligations under this Agreement without the prior written consent of Executive.”
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Assignment Successors. This letter agreement is personal in its nature and none of the parties hereto shall, without the consent of others, assign or transfer this letter agreement or any rights or obligations hereunder, provided that, in the event of the merger, consolidation, transfer, or sale of all or substantially all of the assets of the Company with or to any other individual or entity, this letter agreement shall, subject to the provisions hereof, be binding upon and inure to the benefit of such successor and such successor shall discharge and perform all the promises, covenants, duties, and obligations of the Company hereunder, and all references herein to the "Company" shall refer to such successor. The Company will require that any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company to assume expressly and agree to perform this letter agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. This letter agreement is governed by and is to be construed and enforced in connection with the laws of the Commonwealth of Pennsylvania and any action commenced hereunder must be brought in a court located in the such Commonwealth. The obligations of the Company set forth in this letter agreement are subject to approval of this letter agreement by the Company's Board of Directors. This letter agreement, including the various separate agreements referred to herein, embodies our entire understanding and supersedes all prior understandings, whether oral or written, relating to this offer. This letter agreement cannot be amended or otherwise modified except by a writing signed by you and the Company. We look forward to welcoming you to the Company. Sincerely yours, JLG INDUSTRIES, INC.
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Examples of Assignment Successors in a sentence

  • Assignment; Successors The Contractor binds its successors and assignees to all the terms and conditions of this Contract.

  • The provisions regarding preservation and ownership of intellectual property rights, confidential information, limitations of liability, indemnification, payments owed as of termination or expiration (including the accrual of interest on delinquent amounts), and Sections 18 (Assignment, Successors) through 29 (Attorneys’ Fees) will survive the expiration or termination of these Terms of Service.

  • Assignment; Successors and Assigns; No Third Party Beneficiaries 102 Section 11.06.

  • Any Notice sent to a party must be sent to the authorized person for such party listed on the Order Form using the listed physical or electronic mailing address, and Limelight legal (▇▇▇▇▇@▇▇▇▇.▇▇▇) must be copied on any Notice sent with respect to Sections 10 (Disclaimer of Warranties) through 16 (Limitation of Liability), 18 (Assignment, Successors), or 20 (Governing Law, Venue) through 29 (Attorneys’ Fees) for such Notice to be valid.

  • The provisions regarding preservation and ownership of intellectual property rights, confidential information, limitations of liability, indemnification, payments owed as of termination or expiration (including the accrual of interest on delinquent amounts), and Sections 19 (Assignment, Successors) through 30 (Attorneys’ Fees) will survive the expiration or termination of these Terms of Service.

  • The provisions of Section 5(d) (Accrued Fees and Obligations), Section 6 (Relationship of the Parties), Section 10 (Indemnification), Section 11 (Limitation of Liability), Section 14 (Governing Law), Section 15 (Assignment; Successors and Assigns), Section 21 (Confidentiality) Section 22 (Intellectual Property and Work Product), Section 25 (Insurance), this Section 27 (Survival) and Section 28 (Entire Agreement) shall survive termination of this Agreement.

  • No Assignment; Successors and Assigns; No Third Party Beneficiaries...............................................50 SECTION 9.04.

  • Executive acknowledges entering into the Employment Agreement and hereby reaffirms his commitments and obligations under Articles IV (Confidential Information), V (Non-Competition, Non-Solicitation, Non-Hire and Non-Disparagement), and VI (Dispute Resolution Process) of the Employment Agreement (and the related provisions of Articles VII (Assignment; Successors) and VIII (Miscellaneous Provisions) of the Employment Agreement) (“Continuing Obligations”).

  • Any assignment of this Agreement not in accordance with this Section 13.4 (Assignment; Successors) will be null and void.

  • The Miscellaneous provisions included in Sections 13.1 (Choice of Law), 13.2 (Notices), 13.4 (Captions), 13.6 (Dispute Resolution), 13.7 (Independent Contractors, No Agency), 13.8 (Assignment, Successors), 13.10 (Waivers), 13.11 (No Consequential or Punitive Damages) and 13.12 (Bankruptcy) of the DLC Agreement will apply to this Transition Agreement and will be deemed incorporated by reference in this Transition Agreement.

Related to Assignment Successors

  • Trademark Assignment shall have the meaning specified in Section 3.2(c).

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • Permitted Assignment means a Permitted Subsidiary Assignment or a Permitted Third-Party Assignment.

  • Qualified assignment agreement means an agreement providing for a qualified assignment within the meaning of section 130 of the Internal Revenue Code.