Example ContractsClauseseffect of assignmentIdentical
Effect of Assignment
Effect of Assignment contract clause examples

Assignment. This Agreement shall be binding upon the successors and permitted assigns of each of the parties hereto. Except as permitted herein, neither party may assign this Agreement or any of its respective rights hereunder without the prior written consent of the non-assigning party. Notwithstanding anything to the contrary contained herein, Seller acknowledges that Buyer intends to assign its rights to acquire a portion of the Shares to a third party, and Seller hereby agrees and consents to such assignment. Seller further agrees that any and all cash proceeds she receives from the sale of such Shares to Buyer’s assignee shall reduce the amount of, and be applied against, the Closing Cash Payment payable by Buyer hereunder. In connection with such sale by Seller to Buyer’s assignee, Seller shall execute such agreements and instruments as are reasonably necessary to transfer free and clear title to the Shares purchased by Buyer’s assignee to Buyer’s assignee, including, without limitation, a stock purchase agreement substantially similar to the terms of this Agreement.

FORM OF STOCK PURCHASE AGREEMENT
Source: SEC EDGAR database • Date: October 21, 2020 • SIC: 5040 • CIK: 5040
FORM OF STOCK PURCHASE AGREEMENT
Source: SEC EDGAR database • Date: January 19, 2021 • SIC: 6500 • CIK: 6500
FORM OF STOCK PURCHASE AGREEMENT
Source: SEC EDGAR database • Date: January 11, 2021 • SIC: 5040 • CIK: 5040

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