Common use of Agreement is Personal Clause in Contracts

Agreement is Personal. This Agreement is a personal Agreement and the rights and interests hereunder (except that of Employer) may not be sold, transferred, assigned, pledged or hypothecated. This Agreement shall be binding on the heirs, executors, and administrators of Employee and on the successors and assigns of Employer. During the Employee’s lifetime, the parties hereto, by mutual written agreement, may amend, modify or rescind this Agreement without the consent of any other person. This Agreement supersedes all employment or service negotiations, understandings or agreements between the parties prior to the date hereof.

Agreement is Personal. This Agreement is a personal Agreement and the rights and interests hereunder (except that of Employer) may not be sold, transferred, assigned, pledged or hypothecated. This Agreement shall be binding on the heirs, executors, and administrators of Employee and on the successors and assigns of Employer. During the Employee’s lifetime, the parties hereto, by mutual written agreement, may amend, modify or rescind this Agreement without the consent of any other person. This Agreement supersedes any and all employment or service negotiations, understandings or agreements between the parties prior to the date hereof.