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Assignability; Third-Party Beneficiary
Assignability; Third-Party Beneficiary contract clause examples

Assignability. This Agreement and the rights and duties created hereunder shall not be assignable or delegable by Executive. may, at its option and without consent of Executive, assign or delegate its rights and duties hereunder, in whole or in part, to any successor entity or transferee of ’s assets.

Assignability. This Agreement and the rights and duties created hereunder shall not be assignable or delegable by Executive. may, at its option and without consent of Executive, assign its rights and duties hereunder to any successor entity or transferee of ’s assets.

Assignability. This Agreement and the rights and duties created hereunder shall not be assignable or delegable by Executive. may, at its option and without consent of Executive, assign or delegate its rights and duties hereunder, in whole or in part, to any successor entity or transferee of ’s assets.

. Assignability. This Agreement and the rights and duties created hereunder shall not be assignable or delegable by Executive. may, at its option and without consent of Executive, assign or delegate its rights and duties hereunder, in whole or in part, to any successor entity or transferee of ’s assets.

Assignability. Neither this Agreement, nor any right or interest hereunder, shall be assignable by Executive, Executive’s beneficiaries, or legal representatives. , however, retains the right to assign or delegate this Agreement, in whole or in part. This Agreement shall be binding upon Executive, Executive’s heirs, administrators, and representatives, and shall inure for the benefit of the Releasees and each of their respective heirs, administrators, representatives, executors, successors, and assigns.

Assignability. The obligations of the Executive hereunder are personal and may not be assigned or delegated by the Executive or transferred in any manner whatsoever, nor are such obligations subject to involuntary alienation, assignment or transfer. The Company shall have the right to assign this Agreement and to delegate all rights, duties and obligations hereunder as provided in paragraph 15.

Assignment. This Agreement, and all of Executive’s rights and duties under it, are not assignable or delegable by Executive. Any purported assignment or delegation by Executive will be null and void. This Agreement may be assigned by the Company to a person or entity which is an affiliate or a successor in interest to substantially all of its business operations. Upon such assignment, the rights and obligations of the Company hereunder will become the rights and obligations of such affiliate or successor person or entity.

Assignability. The obligations of Executive may not be delegated and Executive may not, without ’s written consent thereto, assign, transfer, convey, pledge, encumber, hypothecate or otherwise dispose of this Agreement or any interest herein. Any such attempted delegation or disposition shall be null and void and without effect. and Executive agree that this Agreement and all of ’ rights and obligations hereunder may be assigned or transferred by to and may be assumed by and become binding upon and may inure to the benefit of any affiliate of or successor to . The term “successor” shall mean, with respect to , any other corporation or other business entity which, by merger, consolidation, purchase of the assets, or otherwise, acquires all or a material part of its assets. Any assignment by either of of its rights or obligations hereunder to any affiliate of or successor of shall not be a termination of employment for purposes of this Agreement.

Assignability. Neither this Agreement, nor any right or interest hereunder, shall be assignable by Executive, Executive’s beneficiaries, or legal representatives. , however, retains the right to assign this Agreement. This Agreement shall be binding upon Executive, Executive’s heirs, administrators, and representatives, and shall inure for the benefit of the Releasees and each of their respective heirs, administrators, representatives, executors, successors, and assigns.

Assignability; Binding Nature. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, heirs (in the case of Executive) and permitted assigns. No obligation of under this Agreement may be assigned or transferred by except that such rights or obligations shall be assigned or transferred in connection with a merger, consolidation or sale or transfer of all or substantially all of the assets of , provided that the assignee or transferee is the successor to all or substantially all of the assets of and such assignee or transferee assumes the liabilities, obligations and duties of , as contained in this Agreement, either contractually or as a matter of law. further agrees that, in the event of a merger, consolidation or sale or transfer of assets as described in the preceding sentence, it shall take whatever action it legally can as appropriate in order to cause such assignee or transferee to expressly assume the liabilities, obligations and duties of hereunder. For the avoidance of doubt, this Agreement shall be binding upon any entity into which merges. No rights or obligations of Executive under this Agreement may be assigned or transferred by Executive other than his rights to compensation and benefits, which may be transferred only by will or operation of law, except as provided in Paragraph 17 below.

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