Common use of The Corporation Clause in Contracts

The Corporation. This Agreement shall inure to the benefit of and be binding upon the Corporation and its successors and assigns. The Corporation shall require any successor to all or substantially all of the business and/or assets of the Corporation or the Subsidiary, whether direct or indirect, by purchase, merger, consolidation, acquisition of stock, or otherwise, by an agreement in form and substance satisfactory to the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent as the Corporation would be required to perform if no such succession had taken place.

Appears in 9 contracts

Samples: Employment Agreement (Ethan Allen Interiors Inc), Employment Agreement (Ethan Allen Interiors Inc), Employment Agreement (Marisa Christina Inc)

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The Corporation. This Agreement shall inure to the benefit of and be binding upon the Corporation and its successors and assigns. The Corporation shall require use its reasonable best efforts to obtain from any successor to all or substantially all of the its business and/or assets of the Corporation or the Subsidiaryassets, whether direct or indirect, by purchase, merger, consolidation, acquisition of stock, or otherwise, an assumption by an agreement in form and substance satisfactory to such successor of the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent as obligations of the Corporation would be required to perform if no such succession had taken placeunder this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Carson Inc), Employment Agreement (Carson Inc), Employment Agreement (Cosmair Inc)

The Corporation. This Agreement shall inure to the benefit of and be binding upon the Corporation and its successors and assigns. The Corporation shall require any successor to all or substantially all of the business and/or assets of the Corporation or the Subsidiary, whether direct or indirect, by purchase, merger, consolidation, acquisition of stock, or otherwise, by an agreement in form and substance reasonably satisfactory to the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent as the Corporation would be required to perform if no such succession had taken place.

Appears in 2 contracts

Samples: Employment Agreement (Ethan Allen Interiors Inc), Employment Agreement (Ethan Allen Interiors Inc)

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The Corporation. This Agreement shall inure to the benefit of and be binding upon the Corporation and its respective successors and assigns. The Corporation shall require any successor to all or substantially all of the its business and/or assets of the Corporation or the Subsidiaryassets, whether direct or indirect, by purchase, merger, consolidation, acquisition of stock, or otherwise, by an agreement in form and substance satisfactory to the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent as the Corporation would be required to perform if no such succession had taken place.

Appears in 1 contract

Samples: Employment Agreement (Texas New Mexico Power Co)

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