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Company Successors
Company Successors contract clause examples

Successors to the Company. The Company shall require any successor (whether direct or indirect, by purchase, merger, reorganization, consolidation, acquisition of property or stock, liquidation, or otherwise) of all or a significant portion of the assets of the Company by agreement, in form and substance satisfactory to the Executive, to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. Regardless of whether such agreement is executed, this Agreement shall be binding upon any successor in accordance with the operation of law and such successor shall be deemed the "Company" for purposes of this Agreement.

0">Successors to the Company.0">Company’s Successors. The Company shall require any successor (whether direct or 2">indirect,2">indirect and whether by purchase, 4">lease, merger, 6">reorganization, consolidation, 8">acquisition of property or stock, liquidation,8">liquidation or otherwise) 10">of10">to all or 12">a significant portion12">substantially all of the 14">assets of the Company14">Company’s business and/or assets, by 16">agreement,16">an agreement in 18">form18">substance and 20">substance20">form satisfactory to the Executive, to 22">expressly assume 24">this Agreement and 26">to agree28"> expressly to perform this Agreement in the same manner and to the same extent 30">that30">as the Company would be required to perform 32">if no such succession had taken place. Regardless32">it in the absence of 34">whether such agreement is executed,34">a succession. For all purposes under this Agreement, the term “Company” shall include any successor to the Company’s business and/or assets or which becomes bound by this Agreement 36">shall be binding upon any successor in accordance with the36">by operation of 38">law and such successor shall be deemed the "Company" for purposes of this Agreement.38">law.

0">Successors to the Company.0">Company’s Successors. The Company shall require any successor (whether direct or 2">indirect,2">indirect and whether by purchase, 4">lease, merger, 6">reorganization, consolidation, 8">acquisition of property or stock, liquidation,8">liquidation or otherwise) 10">of10">to all or 12">a significant portion12">substantially all of the 14">assets of the Company14">Company’s business and/or assets, by 16">agreement,16">an agreement in 18">form18">substance and 20">substance20">form satisfactory to the Executive, to 22">expressly assume 24">this Agreement and 26">to agree28"> expressly to perform this Agreement in the same manner and to the same extent 30">that30">as the Company would be required to perform 32">if no such succession had taken place. Regardless32">it in the absence of 34">whether such agreement is executed,34">a succession. For all purposes under this Agreement, the term “Company” shall include any successor to the Company’s business and/or assets or which becomes bound by this Agreement 36">shall be binding upon any successor in accordance with the36">by operation of 38">law and such successor shall be deemed the "Company" for purposes of this Agreement.38">law.

0">Successors to the Company.0">Company’s Successors. The Company shall require any successor (whether direct or 2">indirect,2">indirect and whether by purchase, 4">lease, merger, 6">reorganization, consolidation, 8">acquisition of property or stock, liquidation,8">liquidation or otherwise) 10">of10">to all or 12">a significant portion12">substantially all of the 14">assets of the Company14">Company’s business and/or assets, by 16">agreement,16">an agreement in 18">form18">substance and 20">substance20">form satisfactory to the Executive, to 22">expressly assume 24">this Agreement and 26">to agree28"> expressly to perform this Agreement in the same manner and to the same extent 30">that30">as the Company would be required to perform 32">if no such succession had taken place. Regardless32">it in the absence of 34">whether such agreement is executed,34">a succession. For all purposes under this Agreement, the term “Company” shall include any successor to the Company’s business and/or assets or which becomes bound by this Agreement 36">shall be binding upon any successor in accordance with the36">by operation of 38">law and such successor shall be deemed the "Company" for purposes of this Agreement.38">law.

0">Successors to the Company. The Company shall require any successor (whether direct or indirect, by purchase, merger, 2">reorganization, consolidation, 4">acquisition of property or stock, liquidation,4">reorganization or otherwise) 6">of6">to all or 8">a significant portion8">substantially all of the10"> business or assets of the Company 12">by agreement, in form and substance satisfactory12">expressly to14"> the Executive, to expressly assume and agree to perform this Agreement in the same manner and to the same extent 16">that the Company would be required to perform if no such succession had taken place. 18">Regardless of whether such agreement is executed, this18">This Agreement shall be binding upon 20">and inure to the benefit of the Company and any successor 22">in accordance with22">to the 24">operation24">Company, including any Person acquiring directly or indirectly all or substantially all of 26">law and26">the business or assets of the Company whether by purchase, merger, consolidation, reorganization or otherwise (and such successor 28">shall28">will thereafter be deemed the 30">"Company"30">“Company for purposes of this 32">Agreement.32">Agreement), but shall not otherwise be assignable or delegable by the Company.

0">Successors0">Successors. Any successor to the 2">Company. The Company4"> shall require any successor (whether direct or 6">indirect,6">indirect and whether by purchase, 8">lease, merger, 10">reorganization, consolidation, 12">acquisition of property or stock, liquidation,12">liquidation or otherwise) 14">of14">to all or 16">a significant portion16">substantially all of the 18">Company's business and/or assets 20">of20">shall assume the 22">Company by agreement, in form and substance satisfactory to the Executive, to expressly assume22">obligations under this Agreement and agree 24">expressly to perform26"> the obligations under this Agreement in the same manner and to the same extent 28">that28">as the Company would be required to perform 30">if no such 32">succession had taken place. Regardless32">obligations in the absence of 34">whether such agreement is executed,34">a succession. The terms of this Agreement 36">and all of Executive's rights hereunder and thereunder shall 38">inure to the benefit of, and be 40">binding upon any successor in accordance with the operation of law40">enforceable by, Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and 42">such successor shall be deemed the "Company" for purposes of this Agreement.42">legatees.

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