Common use of Assignment and Assumption of Agreements Clause in Contracts

Assignment and Assumption of Agreements. Effective as of the Effective Time, the Company hereby assigns to HoldingCo, and HoldingCo hereby assumes and agrees to perform, all obligations of the Company pursuant to the Company Plans, each stock option agreement and restricted stock agreement entered into pursuant to the Company Plans, and each outstanding Company Award granted thereunder.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Ada-Es Inc), Agreement and Plan of Reorganization (Ascena Retail Group, Inc.), Agreement and Plan of Merger (Ada-Es Inc)

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Assignment and Assumption of Agreements. Effective as of the Effective Time, the Company hereby assigns to HoldingCo, and HoldingCo hereby assumes and agrees to perform, all obligations of the Company pursuant to the Company Plans, each stock option agreement and restricted stock unit agreement entered into pursuant to the Company Plans, and each outstanding Company Award granted thereunder.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Interactive Intelligence Inc)

Assignment and Assumption of Agreements. Effective as of the Effective Time, the Company hereby assigns to HoldingCo, and HoldingCo hereby assumes and agrees to perform, all obligations of the Company pursuant to the Company Plans, each stock option agreement and restricted stock agreement entered into pursuant to the Company Plans, and each outstanding Company Award Option granted thereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Western Life Insurance Co)

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Assignment and Assumption of Agreements. Effective as of the Effective Time, the Company hereby assigns to HoldingCo, and HoldingCo hereby assumes and agrees to perform, all obligations of the Company pursuant to the Company Plans, the registration rights agreement and the other agreements (the “Assumed Agreements”) listed on Schedule A hereto, each stock option agreement and agreement, restricted stock agreement and/or restricted stock unit agreement entered into pursuant to the Company Plans, and each outstanding Company Award granted thereunder.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Abraxis BioScience, Inc.)

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