This Agreement will inure to the benefit of and be binding upon the parties and their respective successors and assigns, including, but not limited to, any successor by reason of merger or consolidation of the Company and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates of the Company are third party beneficiaries of this Agreement.
Successors and Assigns. This Agreement willshall inure to the benefit of and be binding upon the parties andCompanies, their respective successors and assigns, including, but not limited to,including without limitation, any successor by reasonperson or entity which may acquire all or substantially all of mergereither Company’s assets or consolidation ofbusiness or into which either Company may be consolidated or merged, and the Company andExecutive, as well as the Executive’s heirs, executors, administrators and personallegal representatives. The Affiliates ofExecutive may assign the Company are third party beneficiaries ofright to payment under this Agreement, but not obligations under this Agreement.
SUCCESSORS AND ASSIGNS. This Agreement willshall be binding upon and inure to the benefitbenefits of the successors, assigns, heirs, legatees, devisees, executors, administrators, receivers, trustees and be binding uponrepresentatives of the partiesExecutive and the Company and its Subsidiaries and their respective successorssuccessors, assigns, administrators, receivers, trustees and assigns, including, but not limited to, any successor by reason of merger or consolidation of the Company and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates of the Company are third party beneficiaries of this Agreement.
This Agreement willshall be binding upon and inure to the benefit of the Employer and be binding upon the partiesExecutive and their respective successorssuccessors, assigns, heirs and assigns, including,legal representatives (including, but not limited to, any successor by reason of merger or consolidation of the Company and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates of the Company are third party beneficiaries of this Agreement.Employer described in Section 6).
This Agreement will bind and inure to the benefit of and be binding upon the partiesParties and their respective successorsheirs, legal representatives, successors, and permitted assigns, including, butexcept that this Agreement may not limited to,be transferred or assigned by the Executive without the prior written consent of the Company. Nothing in this Agreement is intended or should be construed to confer upon or to give any successorperson or entity other than the Parties any rights or remedies under or by reason of merger or consolidation of the Company and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates of the Company are third party beneficiaries ofthis Agreement, except as expressly provided for in this Agreement.
Successors and Assigns. This Agreement willshall be binding upon the Executive and inure to the benefit of the Company and be binding upon the parties and their respectiveits successors and assigns, including, but not limited to,including without limitation any successor by reason of merger or consolidationcorporation to which substantially all of the Company andassets or the Executive’s heirs, executors, administrators and personal representatives. The Affiliatesbusiness of the Company are third party beneficiaries of this Agreement.sold or transferred.
This Agreement willshall be binding upon, and inure to the benefit ofof, Executive and be binding upon the partiesEmployer and their respective successors and assigns, including, but not limited to, any successor by reason of merger or consolidation of the Company and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates of the Company are third party beneficiaries of this Agreement.assigns.
The Company may assign its rights and obligations under this Agreement to any of its affiliates or to any successor to all or substantially all of the business or the assets of the Company (by merger or otherwise), and may assign or encumber this Agreement and its rights hereunder as security for indebtedness of the Company and its affiliates. This Agreement willshall be binding upon and inure to the benefit of and be binding upon the partiesCompany, Executive and their respective successorssuccessors, assigns, personal and assigns, including, but not limited to, any successorlegal representatives, executors, administrators, heirs, distributees, devisees, and legatees, as applicable. None of Executive’s rights or obligations may be assigned or transferred by reasonExecutive, other than Executive’s rights to payments hereunder, which may be transferred only by will or operation of mergerlaw. Notwithstanding the foregoing, Executive shall be entitled, to the extent permitted under applicable law and applicable Company Arrangements, to select and change a beneficiary or consolidation ofbeneficiaries to receive compensation hereunder following Executive’s death by giving written notice thereof to the Company and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates of the Company are third party beneficiaries of this Agreement.Company.
The Company may assign its rights and obligations under this Agreement to any of its affiliates, including, without limitation, any successor to all or substantially all of the business or the assets of the Company (by merger or otherwise), and may assign or encumber this Agreement and its rights hereunder as security for indebtedness of the Company and its affiliates. This Agreement willshall be binding upon and inure to the benefit of and be binding upon the partiesCompany, Executive and their respective successorssuccessors, assigns, personnel and assigns, including, but not limited to, any successorlegal representatives, executors, administrators, heirs, distributees, devisees, and legatees, as applicable. None of Executive’s rights or obligations may be assigned or transferred by reasonExecutive, other than Executive’s rights to payments hereunder, which may be transferred only by will or operation of mergerlaw. Notwithstanding the foregoing, Executive shall be entitled, to the extent permitted under applicable law and applicable Company Arrangements, to select and change a beneficiary or consolidation of the Company and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates of the Company are third party beneficiaries of this Agreement.|US-DOCS\116663163.2||
This Agreement willshall inure to the benefit of and be binding upon the partiesPresident and their respective successorsCEO, and, to the extent applicable, his assigns, executors, and personal representatives and the Company, its successors, and assigns, including, but not limited to,without limitation, any successor by reason of mergerperson, partnership, or consolidationcorporation which may acquire all or substantially all of the CompanyCompany’s assets and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates ofbusiness, or with or into which the Company are third party beneficiariesmay be consolidated or merged, and this provision shall apply in the event of this Agreement.any subsequent merger, consolidation, or transfer.
Section #03Assignment. This Agreement willshall be binding upon and inure to the benefit of the heirs and legal representatives of Executive and the permitted assigns and successors of the Company, but neither this Agreement nor any rights or obligations hereunder shall be binding uponassignable or otherwise subject to hypothecation by Executive (except by will or by operation of the parties and their respective successors and assigns, including, but not limited to,laws of intestate succession) or by the Company, except that the Company may assign this Agreement to any successor (whether by reason of mergermerger, purchase or consolidationotherwise), if such successor expressly agrees to assume the obligations of the Company and the Executive’s heirs, executors, administrators and personal representatives. The Affiliates of the Company are third party beneficiaries of this Agreement.hereunder.
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