Assignment and Successors. [[Organization A:Organization]] rights and obligations of [[Organization A:Organization]] under this Agreement shall inure to [[Organization A:Organization]] benefit of and will be binding upon [[Organization A:Organization]] successors and assigns of [[Organization A:Organization]], provided any such successor and assign assumes all of [[Organization A:Organization]]’s obligations under this Agreement. Neither party may, without [[Organization A:Organization]] written consent of [[Organization A:Organization]] other party, assign or delegate any of its rights or obligations under this Agreement except that [[Organization A:Organization]] may, without any further consent of Employee, assign or delegate any of its rights or obligations under this Agreement to any corporation or other business entity # with which [[Organization A:Organization]] may merge or consolidate, # to which [[Organization A:Organization]] may sell or transfer all or substantially all of its assets or capital stock or equity, or # any affiliate or subsidiary of [[Organization A:Organization]]. After any such assignment or delegation by [[Organization A:Organization]], [[Organization A:Organization]] will be discharged from all further liability hereunder and such assignee will thereafter be deemed to be [[Organization A:Organization]] “Corporation” for purposes of all terms and conditions of this Agreement, including this Section 8.6. Employee may not assign this Agreement or any rights or obligations hereunder. Any purported or attempted assignment or transfer by Employee of this Agreement or any of Employee’s duties, responsibilities, or obligations hereunder is void.
Assignments and Successors. This Agreement may not be assigned by Employee. In addition to any obligations imposed by law upon any successor [[Organization A:Organization]], the Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the stock, business and/or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and [[Organization A:Organization]] same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such assumption by a successor shall be a material breach of this Agreement. Employee agrees and consents to any such assumption by a successor of the Company, as well as any assignment of this Agreement by the Company for that purpose. As used in this Agreement, the "Company" as herein before defined as well as any such successor that expressly assumes this Agreement or otherwise becomes bound by all of its terms and provisions by operation of law. This Agreement shall be binding upon and inure [[Organization A:Organization]] benefit of the parties and their permitted successors or assigns.
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.
Successors of . The rights and obligations of under this Agreement shall inure to the benefit of, and shall be binding upon, the successors and assigns of , including any Successor Company. This Agreement shall be assignable by in the event of a merger or similar transaction in which is not the surviving entity, or a sale of all or substantially all of ’s assets.
Successors and Assigns. The provisions hereof shall inure [[Organization B:Organization]] benefit of, and be binding upon and assignable to, successors of the Company by way of merger, consolidation or sale. The Executive may not assign or delegate to any third person the Executive's obligations under this Agreement. The rights and benefits of the Executive under this Agreement are personal to him and no such right or benefit shall be subject to voluntary or involuntary alienation, assignment or transfer. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company expressly to assume and agree to perform this Agreement in the same manner and [[Organization B:Organization]] same extent that the Company would have been required to perform it if no such succession had taken place. As used in this Agreement, “the Company” shall mean both the Company as defined above and any such successor that assumes and agrees to perform this Agreement, by operation of law or otherwise.
SUCCESSORS, ASSIGNS AND INTENDED THIRD PARTY BENEFICIARIES. This Agreement shall be binding upon and inure to the benefit of [[Organization A:Organization]]’s successors and assigns, parents, subsidiaries, and affiliated companies and be enforceable by [[Organization A:Organization]]’s successors and assigns, parents, subsidiaries and affiliated companies without the need for any additional action by Employee. Employee hereby expressly agrees to the assignment of this Agreement as well as its restrictive covenants to a successor of [[Organization A:Organization]] and agrees that such successor may enforce this Agreement and its restrictive covenants against Employee. Employee expressly understands and agrees that [[Organization A:Organization]] has many related/affiliated entities, including subsidiaries, and that any or all of said related/affiliated entities, including subsidiaries, are intended third party beneficiaries of this Agreement and may enforce any or all of the terms of this Agreement against Employee.
The rights and obligations of the [[Organization A:Organization]] under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the [[Organization A:Organization]]. The Executive shall not be entitled to assign any of his/her rights or obligations under this Agreement.
Successors and Assigns. This Agreement shall be binding upon the Parties and their respective successors and permitted assigns. Neither Party shall or shall attempt to assign, transfer, pledge, grant a participation in or otherwise dispose of any of its rights or obligations under this Agreement to any Person other than an Affiliate of such Party without the prior written consent of the other Party (which may be withheld in its sole discretion). Any such attempted transaction without such consent shall be ineffective. For avoidance of doubt, may assign all or any portion of this Agreement or its rights hereunder, or delegate all or any portion of its duties or obligations to an Affiliate without written consent from , provided that gives notice of the assignment or delegation and that such assignment or delegation does not relieve of its obligations hereunder.
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