Example ContractsClausescertain pledges; successors and assigns generallyVariants
Remove:

The rights and obligations of the under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the . The Executive shall not be entitled to assign any of his/her rights or obligations under this Agreement.

The rights and obligations of the under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the . The Executive shall not be entitled to assign any of his/her rights or obligations under this Agreement.

The rights and obligations of the _Organization A: under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the _Organization A:. The Executive shall not be entitled to assign any of his/her rights or obligations under this Agreement.

The rights

Successors and obligations of the under thisAssigns. This Agreement shallis intended to bind and inure to the benefit of and shall be binding uponenforceable by the Executive, and their respective heirs, successors and assignsassigns. The Executive may not assign Executive’s rights or delegate Executive’s duties or obligations hereunder without the prior written consent of . may not assign its rights and obligations hereunder, without the consent of, or notice to, the Executive, with the sole exception being a sale to any Person that acquires all or substantially all of whether stock or assets, in which case such consent of the . The Executive shallis not be entitled to assign any of his/her rights or obligations under this Agreement.necessary.

Successors and Assigns. The rights and obligations of the Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the . TheCompany. Executive shall not be entitled to assign any of his/herExecutive’s rights or obligations under this Agreement.

Assignment. Notwithstanding anything else herein, this Agreement is personal to Executive and neither this Agreement nor any rights hereunder may be assigned by Executive. The rights and obligations may assign this Agreement to an affiliate or to any acquirer of all or substantially all of the business and/or assets of the organization" data-ad-field-json='{"name":"Organization A","type":"organization","canGuess":{"name":false,"type":false}}'>​ under thisOrganization_, in which case the term “” will mean such affiliate or acquirer. This Agreement shallwill inure to the benefit of and shall be binding upon the successorspersonal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, legatees and assignspermitted assignees of the . The Executive shall not be entitled to assign any of his/her rights or obligations under this Agreement.parties.

Successors and Assigns. The rights and obligations of the under this Agreementprovisions hereof shall inure to the benefit ofof, and shall be binding upon theand assignable to, successors and assigns of the .Company by way of merger, consolidation or sale. The Executive shallmay not be entitledassign or delegate to assign any of his/her rights orthird 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 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.

The rights and obligations of the under this

Assignment. This Agreement shall inure to the benefit of and shall be binding upon and inure the successors and assignsbenefit of the heirs and representatives of Executive and the assigns and successors of the Company, but neither this Agreement nor any rights hereunder shall be assignable or otherwise subject organization" data-ad-field-json='{"name":"Organization A","type":"organization","canGuess":{"name":false,"type":false}}'>​. TheOrganization_ hypothecation by Executive (except by will or by operation of the laws of intestate succession) or by the Company (any such purported assignment by either shall not be entitled tonull and void), except that the Company may assign this Agreement any successor (whether by merger, purchase or otherwise) all or substantially all of his/her rightsthe stock, assets or obligations under this Agreement.business of the Company.

The

Except as provided below, rights and obligations of the Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the . TheCompany. Executive shall not be entitled to assign any of his/acknowledges that her rights or obligations under this Agreement.Agreement are personal services and, therefore, Executive may not assign her obligations under this agreement.

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 of the _Organization A:hereunder may be assigned or transferred by under this Agreement shallto and may be assumed by and become binding upon and may inure to the benefit of andany affiliate of or successor to . The term “successor” shall be binding upon the successors and assignsmean, with respect to , any other corporation or other business entity which, by merger, consolidation, purchase of the . The Executiveassets, 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 entitled to assign anya termination of his/her rights or obligations underemployment for purposes of this Agreement.

The rights

Successors, Assumption of Contract. This Agreement is personal Executive and obligationsmay not be assigned by the Executive without the written consent of the Company. However, extent that rights or benefits under this Agreement otherwise survive the Executive’s death, the Executive’s heirs and estate shall inuresucceed to such rights and benefits pursuant Executive’s will or the benefitlaws of descent and distribution. This Agreement shall be binding upon the successors and assignsinure benefit of the Company and any successor of the Company and the Company will require 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 expressly assume and agree to perform this Agreement in the same manner and organization" data-ad-field-json='{"name":"Organization A","type":"organization","canGuess":{"name":false,"type":false}}'>​. The Executive shall notOrganization_ same extent that the Company would be entitledrequired to assign any of his/her rights or obligations under this Agreement.perform it if no such succession had taken place.

Load more...
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.