Common use of Binding Effect; Assignment Clause in Contracts

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's rights or obligations under this Agreement may not be assigned by Executive.

Appears in 16 contracts

Samples: Employment Agreement (Weider Nutrition International Inc), Employment Agreement (Aeropostale Inc), Employment Agreement (Aeropostale Inc)

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Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; ’s business. Executive's ’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 13 contracts

Samples: Employment Agreement (Gelstat Corp), Employment Agreement (Duos Technologies Group, Inc.), Employment Agreement (Duos Technologies Group, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . Executive's rights or obligations under this Agreement may not be assigned by Executive; except that Executive's right to compensation to the earlier of date of death or termination of actual employment shall pass to Executive's executor or administrator.

Appears in 12 contracts

Samples: Employment Agreement (Polymedica Corp), Executive Employment Agreement (Polymedica Corp), Executive Employment Agreement (Polymedica Corp)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; Executive's ’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 11 contracts

Samples: Employment Agreement (Crumbs Bake Shop, Inc.), Employment Agreement (Aeropostale Inc), Employment Agreement (Aeropostale Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's ’s business or properties. The Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable nor assignable by the Executive.

Appears in 10 contracts

Samples: Employment Agreement (Marina Biotech, Inc.), Employment Agreement (Marina Biotech, Inc.), Employment Agreement (Marina Biotech, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and or properties; . The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable nor assignable by the Executive.

Appears in 9 contracts

Samples: Employment Agreement (Amtech Systems Inc), Employment Agreement (Amtech Systems Inc), Employment Agreement (Information Resource Engineering Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive. The Executive's rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 8 contracts

Samples: Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business or properties. The Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable nor assignable by the Executive.

Appears in 8 contracts

Samples: Employment Agreement (Safenet Inc), Employment Agreement (Safenet Inc), Employment Agreement (Safenet Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive's . The Executive’s rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 7 contracts

Samples: Employment Agreement (Intelsat LTD), Employment Agreement (Hughes Communications, Inc.), Employment Agreement (Hughes Communications, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its subsidiaries or affiliates without the consent of Executive's . Executive’s rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.2 shall pass upon Executive’s death to Executive’s executor or administrator.

Appears in 7 contracts

Samples: Employment Agreement, Employment Agreement (Change Healthcare Inc.), Employment Agreement (Change Healthcare Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's business and or properties; . The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable nor assignable by the Executive.

Appears in 6 contracts

Samples: Employment Agreement (Nastech Pharmaceutical Co Inc), Employment Agreement (Nastech Pharmaceutical Co Inc), Employment Agreement (Nastech Pharmaceutical Co Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business or properties. The Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable nor assignable by the Executive.

Appears in 6 contracts

Samples: Employment Agreement (Amtech Systems Inc), Employment Agreement (Renegy Holdings, Inc.), Employment Agreement (Amtech Systems Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive.

Appears in 5 contracts

Samples: Employment Agreement (Labone Inc/), Employment Agreement (Labone Inc/), Employment Agreement (Labone Inc/)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business ’s business. The Company may assign its rights and properties; obligations under this Agreement to any of its subsidiaries or affiliates without Executive's ’s consent, but shall remain liable for any payments provided hereunder that are not timely made by any such assignee. Executive’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 5 contracts

Samples: Separation of Employment Agreement and General Release (Mallinckrodt PLC), Separation of Employment Agreement and General Release (Mallinckrodt PLC), Separation of Employment Agreement and General Release (Mallinckrodt PLC)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; Executive's . The Company may assign its rights and delegate its obligations hereunder to any of its affiliates without the consent of Employee, provided that Company remains ultimately liable for all of Company’s obligations hereunder. Employee’s rights or obligations under this Agreement may not be assigned by ExecutiveEmployee.

Appears in 4 contracts

Samples: Employment Agreement (SCM Microsystems Inc), Employment Agreement (SCM Microsystems Inc), Employment Agreement (SCM Microsystems Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and or properties; . The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable or assignable by the Executive.

Appears in 4 contracts

Samples: Employment Agreement (Amtech Systems Inc), Change of Control Severance Agreement (Amtech Systems Inc), Change of Control Severance Agreement (Amtech Systems Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business or properties. The Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable or assignable by the Executive.

Appears in 3 contracts

Samples: Change of Control and Severance Agreement (Amtech Systems Inc), Change of Control and Severance Agreement (Amtech Systems Inc), Change of Control and Severance Agreement (Amtech Systems Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's ’s business. Employee’s rights or obligations under this Agreement may not be assigned by ExecutiveEmployee.

Appears in 3 contracts

Samples: Employment Agreement (Rancho Santa Fe Mining, Inc.), Employment Agreement (Rancho Santa Fe Mining, Inc.), Employment Agreement (Microphase Corp)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; Executive's . Employee’s rights or and obligations under this Agreement may not be assigned by ExecutiveEmployee, except that the benefits specified in Section 5.2 shall pass upon Employee’s death to Employee’s executor or administrator to the extent applicable.

Appears in 3 contracts

Samples: Amended And (Ruckus Wireless Inc), Employment Agreement (Ruckus Wireless Inc), Restricted Stock Purchase Agreement (Ruckus Wireless Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive's , but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive’s rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 3 contracts

Samples: Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its affiliated companies without the consent of the Executive's , but shall remain liable for any payments payable to the Executive under this Agreement not timely made by any assignee. The Executive’s rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 2 contracts

Samples: Success Bonus and Consulting Agreement (Beam Inc), Success Bonus Agreement (Beam Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of Executive's . Executive’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 2 contracts

Samples: Employment Agreement (HLTH Corp), Employment Agreement (Quest Diagnostics Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive's . Executive’s rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 5.2 shall pass upon the Executive’s death to Executive’s executor or administrator.

Appears in 2 contracts

Samples: Employment Agreement (Emdeon Corp), Employment Agreement (Webmd Corp /New/)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . Executive's ’s rights or obligations under this Agreement may not be assigned by Executive; except that Executive’s right to compensation to the earlier of date of death or termination of actual employment shall pass to Executive’s executor or administrator.

Appears in 2 contracts

Samples: Executive Employment Agreement (Polymedica Corp), Executive Employment Agreement (Polymedica Corp)

Binding Effect; Assignment. The rights and obligations of this This Agreement shall bind be binding upon and inure to the benefit benefits of any successor or the Employee, the Company and their respective heirs, executors, administrators, successors and assigns; provided, however, that Employee may not assign his rights hereunder without the prior written consent of the Company by reorganization, merger and may not assign his obligations hereunder. The Company may assign either its rights or consolidation, obligations hereunder to any of its subsidiaries or affiliated corporation or to any assignee of all or successor to substantially all of the assets or business of the Company's business and properties; Executive's rights or obligations under this Agreement may not be assigned by Executive.

Appears in 1 contract

Samples: Employment Agreement (DND Technologies Inc)

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Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's ’s business or properties. Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable nor assignable by Executive.

Appears in 1 contract

Samples: Employment Agreement (MDRNA, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon Executive's death to Executive's executor or administrator.

Appears in 1 contract

Samples: Employment Agreement (Webmd Corp /New/)

Binding Effect; Assignment. The rights and obligations of this -------------------------- Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon Executive's death to Executive's executor or administrator.

Appears in 1 contract

Samples: Employment Agreement (Careinsite Inc)

Binding Effect; Assignment. The rights and obligations of the Companies under this Agreement shall bind and inure to the benefit of any successor or successors of the Company Companies by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's properties of the Companies. The rights or obligations of the Executive under this Agreement may not be assigned by shall bind and inure to the benefit of the Executive, his heirs, personal representatives and assigns.

Appears in 1 contract

Samples: Securities Grant Agreement (57th Street General Acquisition Corp)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; Executive's . The Company may assign its rights and obligations under this Agreement to any of its affiliated companies without the consent of Employee, but the Company shall remain liable for any payments provided hereunder not timely made by any assignee. Employee’s rights or obligations under this Agreement may not be assigned by ExecutiveEmployee.

Appears in 1 contract

Samples: President’s Award Agreement (Navigators Group Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's rights or obligations under this Agreement may not be assigned by Executive. The Company acknowledges that the provisions of the last paragraph of Section 2 were a material inducement to Executive in entering into this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Weider Nutrition International Inc)

Binding Effect; Assignment. The rights and obligations of this ------------------------------- Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Consultant. The Consultant's rights or obligations under this Agreement may not be assigned by Executivethe Consultant.

Appears in 1 contract

Samples: Consulting Agreement (Moore Benjamin & Co)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.2 shall pass upon the Executive's death to Executive's executor or administrator.

Appears in 1 contract

Samples: Employment Agreement (Webmd Corp /New/)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business ’s business. The Company may assign its rights and properties; obligations under this Agreement to any of its subsidiaries or affiliates without Executive's ’s consent, but shall remain liable for any payments provided hereunder not timely made by any such assignee. Executive’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 1 contract

Samples: Separation of Employment Agreement and General Release (Mallinckrodt PLC)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive. Employee's rights or obligations under this Agreement may not be assigned by ExecutiveEmployee, except that Employee's right to compensation to the earlier of date of death or termination of actual employment shall pass to Employee's executor or administrator.

Appears in 1 contract

Samples: Employment Agreement (Polymedica Corp)

Binding Effect; Assignment. The rights and obligations of the Company under this Agreement shall bind and inure to the benefit of any successor or and shall be binding upon the successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all and assigns of the Company's business . The rights, obligations, and properties; Executive's rights or obligations under this Agreement interests of the Executive hereunder may not be assigned by Executivesold, assigned, delegated, transferred, pledged, or hypothecated.

Appears in 1 contract

Samples: Change in Control/Severance Agreement (Capstead Mortgage Corp)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive's . Executive’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 1 contract

Samples: Employment Agreement (HLTH Corp)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's rights or obligations under this Agreement may not be assigned by Executive.'s

Appears in 1 contract

Samples: Employment Agreement (Nastech Pharmaceutical Co Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive. Employee's rights or obligations under this Agreement may not be assigned by Executivethe Employee, except that the right specified in Section 4.2 shall pass upon the Employee's death to Employee's executor or administrator.

Appears in 1 contract

Samples: Employment Agreement (Careinsite Inc)

Binding Effect; Assignment. The rights and obligations of the Company under this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's . Your rights or obligations under this Agreement may not be assigned by Executiveshall bind and inure to your benefit and your heirs and personal representatives.

Appears in 1 contract

Samples: Aeropostale Inc

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive’s business. Strategic Advisor's rights or obligations under this Agreement may not be assigned by ExecutiveStrategic Advisor.

Appears in 1 contract

Samples: Employment Agreement (Microphase Corp)

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