{"component": "clause", "props": {"groups": [{"size": 5, "samples": [{"hash": "dXi6ki7bjke", "uri": "/contracts/dXi6ki7bjke#assignment-benefits", "label": "Shareholder Agreement (Wynnefield Partners Small Cap Value Lp)", "score": 21.0, "published": true}, {"hash": "D0vgxEYgOA", "uri": "/contracts/D0vgxEYgOA#assignment-benefits", "label": "Shareholder Agreement (Webfinancial Corp)", "score": 19.0, "published": true}, {"hash": "69lFRCmgg0b", "uri": "/contracts/69lFRCmgg0b#assignment-benefits", "label": "Shareholder Agreement (Prime Partners, Inc.)", "score": 18.0, "published": true}], "snippet": "Unless expressly permitted pursuant to this Agreement, neither the Investor Shareholders nor the Existing Shareholders may assign their rights hereunder without the consent of the Company and, in the event of a proposed assignment by an Existing Shareholder, an Investor Director.", "snippet_links": [{"key": "pursuant-to-this-agreement", "type": "clause", "offset": [27, 53]}, {"key": "investor-shareholders", "type": "definition", "offset": [67, 88]}, {"key": "the-existing-shareholders", "type": "clause", "offset": [93, 118]}, {"key": "rights-hereunder", "type": "clause", "offset": [136, 152]}, {"key": "consent-of-the-company", "type": "clause", "offset": [165, 187]}, {"key": "assignment-by", "type": "clause", "offset": [220, 233]}, {"key": "investor-director", "type": "clause", "offset": [262, 279]}], "hash": "c15c8b3bfc5a31e459fa23e13b25bcd5", "id": 2}, {"size": 4, "samples": [{"hash": "elKtMLRYwhm", "uri": "/contracts/elKtMLRYwhm#assignment-benefits", "label": "Consulting Agreement (Amp Productions Inc)", "score": 16.0, "published": true}, {"hash": "8nhrKdBxHXd", "uri": "/contracts/8nhrKdBxHXd#assignment-benefits", "label": "Consulting Agreement (Community Home Mortgage Corp)", "score": 16.0, "published": true}, {"hash": "52TP3j7rqpo", "uri": "/contracts/52TP3j7rqpo#assignment-benefits", "label": "Consulting Agreement (Business Continuity Services Group Inc)", "score": 16.0, "published": true}], "snippet": "The benefits of this Agreement shall inure to the benefit of the respective successors and assigns of the parties hereto and of the indemnified parties hereunder and their successors and assigns and representatives, and the obligations and liabilities assumed in this Agreement by the parties hereto shall be binding upon their respective successors and assigns, provided, however, that Consultant shall not assign or permit any other person or entity to assume its obligations hereunder without the prior written approval of the Company. 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Notwithstanding the foregoing, a Holder may assign such Holder\u2019s rights hereunder to a purchaser which acquires all of such Holder\u2019s Registrable Securities in a single transfer. 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For the avoidance of doubt, upon the assignment effected in accordance with the provision of this Section 10, any assignee of the assigning Holder\u2019s rights hereunder, shall immediately accede to the assigning Holder\u2019s rights under this Agreement and, accordingly, become a \u201cHolder\u201d within the meaning of this Agreement.", "snippet_links": [{"key": "neither-party-may", "type": "clause", "offset": [0, 17]}, {"key": "rights-hereunder", "type": "clause", "offset": [28, 44]}, {"key": "prior-written-consent", "type": "clause", "offset": [57, 78]}, {"key": "party-hereto", "type": "definition", "offset": [92, 104]}, {"key": "the-holder", "type": "clause", "offset": [114, 124]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [178, 204]}, {"key": "the-rights", "type": "clause", "offset": [206, 216]}, {"key": "in-section-11", "type": "clause", "offset": [227, 240]}, {"key": "in-connection-with", "type": "clause", "offset": [298, 316]}, {"key": "transfer-of-the", "type": "clause", "offset": [329, 344]}, {"key": "registrable-securities", "type": "clause", "offset": [345, 367]}, {"key": "provided-that", "type": "clause", "offset": [369, 382]}, {"key": "simultaneously-with", "type": "clause", "offset": [383, 402]}, {"key": "notice-thereof", "type": "clause", "offset": [463, 477]}, {"key": "pursuant-to-section-7", "type": "clause", "offset": [478, 499]}, {"key": "the-assignment", "type": "clause", "offset": [541, 555]}, {"key": "in-accordance-with", "type": "definition", "offset": [565, 583]}, {"key": "provision-of", "type": "clause", "offset": [588, 600]}, {"key": "section-10", "type": "definition", "offset": [606, 616]}, {"key": "rights-under-this-agreement", "type": "clause", "offset": [726, 753]}, {"key": "meaning-of", "type": "clause", "offset": [801, 811]}], "hash": "432ff41e335be8a1e062863aef9a51d0", "id": 8}, {"size": 4, "samples": [{"hash": "dU36c928bvK", "uri": "/contracts/dU36c928bvK#assignment-benefits", "label": "Stockholder Agreement (Summit Technology Inc)", "score": 16.0, "published": true}, {"hash": "9ja0TYbmiTD", "uri": "/contracts/9ja0TYbmiTD#assignment-benefits", "label": "Stockholder Agreement (Registry Inc)", "score": 16.0, "published": true}], "snippet": "The rights (but not the obligations) of Parent hereunder may be assigned, in whole or in part, to Merger Sub or any other direct or indirect wholly owned subsidiary of Parent, to the extent and for so long as it remains a direct or indirect wholly owned subsidiary of Parent. Other than as permitted in the preceding sentence, this Agreement may not be assigned by any party hereto without the prior written consent of the other party. This Agreement shall be binding upon, and shall inure to the benefit of, the Holder, Parent and their respective successors and permitted assigns.", "snippet_links": [{"key": "the-rights", "type": "clause", "offset": [0, 10]}, {"key": "the-obligations", "type": "clause", "offset": [20, 35]}, {"key": "merger-sub", "type": "definition", "offset": [98, 108]}, {"key": "subsidiary-of", "type": "definition", "offset": [154, 167]}, {"key": "to-the-extent", "type": "clause", "offset": [176, 189]}, {"key": "this-agreement", "type": "clause", "offset": [327, 341]}, {"key": "party-hereto", "type": "definition", "offset": [369, 381]}, {"key": "consent-of-the", "type": "clause", "offset": [408, 422]}, {"key": "other-party", "type": "definition", "offset": [423, 434]}, {"key": "binding-upon", "type": "clause", "offset": [460, 472]}, {"key": "inure-to-the-benefit", "type": "clause", "offset": [484, 504]}, {"key": "the-holder", "type": "clause", "offset": [509, 519]}, {"key": "respective-successors-and-permitted-assigns", "type": "clause", "offset": [538, 581]}], "hash": "7c5d4f5e94b8385ab84237e4acae72ba", "id": 5}, {"size": 3, "samples": [{"hash": "7mimj4qilGJ", "uri": "/contracts/7mimj4qilGJ#assignment-benefits", "label": "Employment Agreement (Foster Wheeler Ag)", "score": 21.8336755647, "published": true}, {"hash": "2zuC0WHX6Xx", "uri": "/contracts/2zuC0WHX6Xx#assignment-benefits", "label": "Employment Agreement (Foster Wheeler Ag)", "score": 21.8336755647, "published": true}], "snippet": "During the Term and so long as Executive is assigned to Reading, England, the Executive shall be entitled to the following benefits (\"Assignment Benefits\"); all the benefits provided for in this Addendum are in addition to the perquisites and other benefits provided for in the Agreement:", "snippet_links": [{"key": "during-the-term", "type": "clause", "offset": [0, 15]}, {"key": "as-executive", "type": "clause", "offset": [28, 40]}, {"key": "the-executive", "type": "clause", "offset": [74, 87]}, {"key": "benefits-provided", "type": "clause", "offset": [165, 182]}, {"key": "in-this-addendum", "type": "clause", "offset": [187, 203]}, {"key": "in-addition-to-the", "type": "clause", "offset": [208, 226]}, {"key": "perquisites-and-other-benefits", "type": "clause", "offset": [227, 257]}, {"key": "in-the-agreement", "type": "clause", "offset": [271, 287]}], "hash": "f4259504ab32ffbd1a3eeb79363cf91e", "id": 7}, {"size": 2, "samples": [{"hash": "2Y34CYgshDs", "uri": "/contracts/2Y34CYgshDs#assignment-benefits", "label": "Employment Agreement (Foster Wheeler Ag)", "score": 19.1505817933, "published": true}, {"hash": "ewrpZ3QFaoC", "uri": "/contracts/ewrpZ3QFaoC#assignment-benefits", "label": "Employment Agreement (Foster Wheeler Ag)", "score": 19.052019165, "published": true}], "snippet": "At the end of the Initial Assignment Term and while assigned to Switzerland, the Executive shall be entitled to the following benefits:", "snippet_links": [{"key": "at-the-end-of-the", "type": "clause", "offset": [0, 17]}, {"key": "assignment-term", "type": "clause", "offset": [26, 41]}, {"key": "the-executive", "type": "clause", "offset": [77, 90]}], "hash": "bd53ae101bc184e412211cf499b6c4a7", "id": 9}, {"size": 2, "samples": [{"hash": "i6MrF2GtKEc", "uri": "/contracts/i6MrF2GtKEc#assignment-benefits", "label": "Equity Contribution Agreement (Uae Ref Fuel Ii Corp)", "score": 19.0, "published": true}, {"hash": "8oigaQVF3nk", "uri": "/contracts/8oigaQVF3nk#assignment-benefits", "label": "Equity Contribution Agreement (MSW Energy Hudson LLC)", "score": 19.0, "published": true}], "snippet": "Neither party may assign or transfer any of its rights or delegate any of its obligations under this Agreement without the prior written consent of all of the other parties hereto, except as permitted by Section 2.5 or as may occur by operation of law. This Agreement shall be binding upon and shall inure to the benefit of the parties, their successors and permitted assigns.", "snippet_links": [{"key": "neither-party-may", "type": "clause", "offset": [0, 17]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [78, 110]}, {"key": "consent-of", "type": "clause", "offset": [137, 147]}, {"key": "parties-hereto", "type": "definition", "offset": [165, 179]}, {"key": "by-operation-of-law", "type": "definition", "offset": [232, 251]}, {"key": "binding-upon", "type": "clause", "offset": [277, 289]}, {"key": "benefit-of-the-parties", "type": "clause", "offset": [313, 335]}, {"key": "successors-and-permitted-assigns", "type": "clause", "offset": [343, 375]}], "hash": "c5fe640cc628a828c14459e45079f06b", "id": 10}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihxhc3NpZ25tZW50LWJlbmVmaXRzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Assignment; Benefits", "parents": [["miscellaneous", "Miscellaneous"], ["miscellaneous-provisions", "Miscellaneous Provisions"], ["miscelleneous-terms", "Miscelleneous Terms"], ["tax-holdback-escrow", "Tax Holdback Escrow"], ["exceptions", "Exceptions"]], "size": 80, "children": [["seconded-arrangement", "Seconded Arrangement"], ["vacation-and-holidays", "Vacation and Holidays"], ["tax-gross-up", "Tax Gross-Up"], ["relocation-assistance", "Relocation Assistance"], ["tax-preparation-services", "Tax Preparation Services"]], "id": "assignment-benefits", "related": [["assignment-benefit", "Assignment; Benefit", "Assignment; Benefit"], ["assignment-of-benefits", "Assignment of Benefits", "Assignment of Benefits"], ["assignment-and-benefit", "Assignment and Benefit", "Assignment and Benefit"], ["assignment-benefit-of-agreement-third-party-beneficiary", "Assignment Benefit of Agreement Third Party Beneficiary", "Assignment Benefit of Agreement Third Party Beneficiary"], ["assignment-benefit-of-agreement-third-party-beneficiaries", "Assignment Benefit of Agreement Third Party Beneficiaries", "Assignment Benefit of Agreement Third Party Beneficiaries"]], "related_snippets": [], "updated": "2025-07-07T12:36:17+00:00", "also_ask": ["What restrictions or consents should be included to control assignment strategically?", "How can anti-assignment provisions be drafted to maximize enforceability?", "What are the key risks if assignment rights are too broad or too narrow?", "How do assignment clauses in this jurisdiction compare to those in other key markets?", "What factors do courts consider when determining if an assignment clause is enforceable?"], "drafting_tip": "Specify assignment conditions to prevent unauthorized transfers, clarify benefit recipients to avoid disputes, and require written consent for assignments to ensure enforceability.", "explanation": "The \"Assignment; Benefits\" clause defines the rules regarding the transfer of rights and obligations under a contract to third parties. Typically, it specifies whether a party may assign its interests or delegate its duties to another entity, and may require prior written consent from the other party before such an assignment is valid. This clause ensures that both parties retain control over who is involved in the contract and prevents unwanted or unapproved transfers, thereby protecting the interests and expectations of the original contracting parties."}, "json": true, "cursor": ""}}