Common use of Assignment and Transfer Clause in Contracts

Assignment and Transfer. This Agreement shall not be terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Company. Neither this Agreement nor any of the rights, duties or obligations of the Executive shall be assignable by the Executive, nor shall any of the payments required or permitted to be made to the Executive by this Agreement be encumbered, transferred or in any way anticipated.

Appears in 19 contracts

Samples: Employment and Non Competition Agreement (Holmes Group Inc), Employment and Non Competition Agreement (Rival Co), Executive Employment Agreement (Voicetek Corp)

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Assignment and Transfer. This Agreement shall not be terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm or entity. In the event of a sale of all or substantially all of the assets of the Company and in connection with such sale the person or entity purchasing such assets does not assume this Agreement, the Executive shall have the right to terminate his employment hereunder for Good Reason. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Company. Neither this Agreement nor any of the rights, duties or obligations of the Executive shall be assignable by the Executive, nor shall any of the payments required or permitted to be made to the Executive by this Agreement be encumbered, transferred or in any way anticipated, except as required by applicable laws.

Appears in 5 contracts

Samples: Form of Retention Agreement (Marchex Inc), Form of Retention Agreement (Marchex Inc), Form of Retention Agreement (Marchex Inc)

Assignment and Transfer. This Agreement shall not be terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Company. Neither this Agreement nor any of the rights, duties or obligations of the Executive Employee shall be assignable by the ExecutiveEmployee, nor shall any of the payments required or permitted to be made to the Executive Employee by this Agreement be encumbered, transferred or in any way anticipated.

Appears in 4 contracts

Samples: Employment Agreement (Nightstar Therapeutics PLC), Employment Agreement (Nightstar Therapeutics PLC), Employment Agreement (Nightstar Therapeutics PLC)

Assignment and Transfer. This Agreement shall not be terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Company. Neither this Agreement nor any of the rights, duties or obligations of the Executive shall be assignable by the Executive, nor shall any of the payments required or permitted to be e made to the Executive by this Agreement be encumbered, transferred or in any way anticipated.

Appears in 2 contracts

Samples: Employment Agreement (Semele Group Inc), Employment Agreement (Semele Group Inc)

Assignment and Transfer. This Agreement shall not be terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Company. Neither this Agreement nor any of the rights, duties or obligations of the Executive shall be assignable by the Executive, nor shall any of the payments required or permitted to be made to the Executive by this Agreement be encumbered, transferred or in any way anticipated, except as specifically provided herein.

Appears in 2 contracts

Samples: Employment Agreement (First Alert Inc), Employment Agreement (First Alert Inc)

Assignment and Transfer. This Agreement shall not be terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Company. Neither this Agreement nor any of the rights, duties or obligations of the Executive shall be assignable by the Executive, nor shall any of the payments required or permitted to be made to the Executive by this Agreement be encumbered, transferred or in any way anticipated, except as required by applicable laws.

Appears in 2 contracts

Samples: Agreement (Marchex Inc), Employment And (Syratech Corp)

Assignment and Transfer. This Agreement shall not be terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm firm, or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to successors, assigns, and administrators of the Company. Neither Employee cannot assign this Agreement nor or any of the rights, duties duties, or obligations of the Executive shall be assignable by the Executive, nor shall any of the payments required or permitted to be made to the Executive by Employee under this Agreement be encumbered, transferred or in any way anticipatedAgreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (theMaven, Inc.), Employee Confidentiality and Proprietary Rights Agreement (Integrated Surgical Systems Inc)

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Assignment and Transfer. This Agreement shall not be ----------------------- terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Companyeither party. Neither this Agreement nor any of the rights, duties or obligations of the Executive shall be assignable by the Executive, nor shall any of the payments required or permitted to be made to the Executive by this Agreement be encumbered, transferred or in any way anticipated.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (American Dental Partners Inc), Employment and Non Competition Agreement (American Dental Partners Inc)

Assignment and Transfer. This Agreement shall not be ----------------------- terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, corporation, firm or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Company. Neither this Agreement nor any of the rights, duties or obligations of the Executive shall be assignable by the Executive, nor shall any of the payments required or permitted to be made to the Executive by this Agreement be encumbered, transferred or in any way anticipated.

Appears in 1 contract

Samples: Employment And (Weigh Tronix LLC)

Assignment and Transfer. This Agreement shall not be terminated by the merger or consolidation of the Company with any corporate or other entity or by the transfer of all or substantially all of the assets of the Company to any other person, . corporation, firm or entity. The provisions of this Agreement shall be binding on and shall inure to the benefit of any such successor in interest to the Company. Neither this Agreement nor any of the rights, duties or obligations of the Executive Employee shall be assignable by the ExecutiveEmployee, nor shall any of the payments required or permitted to be made to the Executive Employee by this Agreement be encumbered, . transferred or in any way anticipated.

Appears in 1 contract

Samples: Employment Agreement (Nightstar Therapeutics PLC)

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