Common use of Assignment; Binding Effect Clause in Contracts

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 30 contracts

Samples: Founders' Employment Agreement (Metals Usa Inc), Founders' Employment Agreement (Metals Usa Inc), Employment Agreement (Marinemax Inc)

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Assignment; Binding Effect. Executive understands that he has been selected for employment Executive is being employed by the Company on the basis of his Executive’s personal qualifications, experience experience, and skills. Executive agrees, therefore, he Executive cannot assign all or any portion of his Executive’s performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 11 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 7 contracts

Samples: Employment Agreement (Brillian Corp), Employment Agreement (Brillian Corp), Employment Agreement (Brillian Corp)

Assignment; Binding Effect. Executive understands that he has been selected for employment is being employed by the Company on the basis of his personal qualifications, experience experience, and skills. Executive agrees, therefore, he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 Section 11 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 6 contracts

Samples: Employment Agreement (Marinemax Inc), Employment Agreement (Marinemax Inc), Employment Agreement (Marinemax Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 11 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 6 contracts

Samples: Employment Agreement (Pentacon Inc), Employment Agreement (Mgi2 Inc), Employment Agreement (Pentacon Inc)

Assignment; Binding Effect. Executive understands that he the Company has been selected Executive for employment by the Company it on the basis of his Executive's personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive's performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 4 contracts

Samples: Employment Agreement (Fountain Pharmaceuticals Inc), Employment Agreement (Homeusa Inc), Employment Agreement (Transportation Components Inc)

Assignment; Binding Effect. Executive understands that he Executive has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowsentences, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 4 contracts

Samples: Employment Agreement (Hercules Offshore, LLC), Employment Agreement (Hercules Offshore, Inc.), Employment Agreement (Hercules Offshore, LLC)

Assignment; Binding Effect. Executive understands that he Executive has -------------------------- been selected for employment by the Company on the basis of his Executive's personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive's performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 Section 13. below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 4 contracts

Samples: Employment Agreement (Infocure Corp), Employment Agreement (Infocure Corp), Employment Agreement (Infocure Corp)

Assignment; Binding Effect. The Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. The Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 3 contracts

Samples: Employment Agreement (Collectibles Usa Inc), Employment Agreement (Collectibles Usa Inc), Employment Agreement (Collectibles Usa Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment is being employed by the Company on the basis of his personal qualifications, experience experience, and skills. Executive agrees, therefore, he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 11 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 3 contracts

Samples: Employment Agreement (Marinemax Inc), Employment Agreement (Marinemax Inc), Employment Agreement (Marinemax Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company is employing him on the basis of his personal qualifications, experience and skills. Therefore, Executive agrees, therefore, agrees that he cannot assign all or any portion of his Executive’s obligations of performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowsentences, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, and permitted successors and assigns.

Appears in 3 contracts

Samples: Employment Agreement (Western Capital Resources, Inc.), Employment Agreement (Western Capital Resources, Inc.), Employment Agreement (Western Capital Resources, Inc.)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph Section 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 3 contracts

Samples: Founders' Employment Agreement (Metals Usa Inc), Founders' Employment Agreement (Metals Usa Inc), Executive Employment Agreement (Metals Usa Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 3 contracts

Samples: Employment Agreement (Pentacon Inc), Employment Agreement (Pentacon Inc), Employment Agreement (Pentacon Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment Executive is being employed by the Company on the basis of his Executive's personal qualifications, experience experience, and skills. Executive agrees, therefore, he Executive cannot assign all or any portion of his Executive's performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 2 contracts

Samples: Control Severance Agreement (Synaptics Inc), Change of Control Severance Agreement (Synaptics Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 11 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 2 contracts

Samples: Acquisition Agreement (Rv Centers Inc), Acquisition Agreement (Rv Centers Inc)

Assignment; Binding Effect. Executive understands that he Executive has been selected for employment by the Company on the basis of his Executive's personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive's performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 Section 13 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 2 contracts

Samples: Executive Employment Agreement (Manhattan Associates Inc), Executive Employment Agreement (Manhattan Associates Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment Executive is being employed by the Company on the basis of his Executive’s personal qualifications, experience experience, and skills. Executive agrees, therefore, he Executive cannot assign all or any portion of his Executive’s performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 14 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (Synaptics Inc), Change of Control Severance Agreement (Synaptics Inc)

Assignment; Binding Effect. Executive understands that he Executive has been selected for employment by the Company on the basis of his Executive’s personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive’s performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowpreceding, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 2 contracts

Samples: Employment Agreement (Metals Usa Inc), Employment Agreement (Metals Usa Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 2 contracts

Samples: Employment Agreement (Integrated Electrical Services Inc), Employment Agreement (Integrated Electrical Services Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment is being employed by the Company on the basis of his personal qualifications, experience experience, and skills. Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph Section 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 2 contracts

Samples: Employment Agreement (Schmitt Industries Inc), Employment Agreement (Schmitt Industries Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agreesExecutive, therefore, agrees that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowsentences, this Agreement shall be binding upon, upon and inure to the benefit of and be enforceable by the parties hereto thereto, and their respective heirs, legal representatives, successors and assigns.

Appears in 2 contracts

Samples: Employment Agreement (Comverge, Inc.), Employment Agreement (Data Systems & Software Inc)

Assignment; Binding Effect. The Executive understands that he Executive has been selected for employment by the Company on the basis of his Executive’s personal qualifications, experience and skills. The Executive agrees, therefore, he canshall not assign all or any portion of his Executive’s performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowsentences, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Infinium Labs Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowpreceding, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Reptron Electronics Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment she is being employed by the Company on the basis of his her personal qualifications, experience experience, and skills. Executive agrees, therefore, he that she cannot assign all or any portion of his her performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph Section 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 1 contract

Samples: Employment Agreement (Schmitt Industries Inc)

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Assignment; Binding Effect. Executive understands that he has been selected for employment is being employed by the Company on the basis of his personal qualifications, experience experience, and skills. Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 Section 11 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 1 contract

Samples: Employment Agreement (Schmitt Industries Inc)

Assignment; Binding Effect. Executive understands that he Executive has been selected for employment by the Company on the basis of his Executive's personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive's performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowsentences, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Witness Systems Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph Section 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Founders' Employment Agreement (Metals Usa Inc)

Assignment; Binding Effect. Executive understands that he Executive has been selected for employment by the Company on the basis of his Executive's personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive's performance under this Agreement. Company can assign this Agreement only to a purchaser of all or substantially all of the assets of the Company. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 Section 14 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Executive Employment Agreement (Manhattan Associates Inc)

Assignment; Binding Effect. Executive understands that he Executive has been selected for continued employment by the Company on the basis of his Executive’s personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive’s performance under this Agreement. Company can assign this Agreement only to a purchaser of all or substantially all of the assets or the stock of the Company. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 Section 11 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Executive Employment Agreement (Manhattan Associates Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skills. Executive agrees, therefore, he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this This Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Waterstone Financial, Inc.)

Assignment; Binding Effect. Executive understands that he has been selected for employment she is being employed by the Company on the basis of his her personal qualifications, experience experience, and skills. Executive agrees, therefore, he that she cannot assign all or any portion of his her performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 Section 11 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 1 contract

Samples: Employment Agreement (Schmitt Industries Inc)

Assignment; Binding Effect. Executive understands that he Employer has been selected Executive for employment by the Company it on the basis of his Executive's personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive's performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Management Employment Agreement (Landcare Usa Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience experience, and skills. Executive agrees, therefore, that he cannot assign all or any portion of his performance under this Agreement. The Company may assign this Agreement to the purchaser of substantially all of the assets of the Company, or to any subsidiary or parent company of the Company. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowsentences, this Agreement shall be binding upon, inure to the benefit of of, and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 1 contract

Samples: Employment Agreement (J.Jill, Inc.)

Assignment; Binding Effect. Executive understands that he has been selected for employment by the Company on the basis of his personal qualifications, experience and skillsskills has selected him for employment. Executive agrees, therefore, he cannot assign all or any portion of his performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowpreceding, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their there respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Haber Inc)

Assignment; Binding Effect. Executive understands that he she has been selected for employment by the Company on the basis of his her personal qualifications, experience experience, and skills. Executive agrees, therefore, he that she cannot assign all or any portion of his her performance under this Agreement. The Company may assign this Agreement to the purchaser of substantially all of the assets of the Company, or to any subsidiary or parent company of the Company. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 belowsentences, this Agreement shall be binding upon, inure to the benefit of of, and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 1 contract

Samples: Employment Agreement (J.Jill, Inc.)

Assignment; Binding Effect. Executive understands that he Executive has been selected for employment by the Company on the basis of his Executive's personal qualifications, experience and skills. Executive agrees, therefore, he that Executive cannot assign all or any portion of his Executive's performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 Section 13. below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors and assigns.

Appears in 1 contract

Samples: Employment Agreement (Infocure Corp)

Assignment; Binding Effect. Executive understands that he has been selected for employment Executive is being employed by the Company on the basis of his Executive’s personal qualifications, experience experience, and skills. Executive agrees, therefore, he Executive cannot assign all or any portion of his Executive’s performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Synaptics Inc)

Assignment; Binding Effect. Executive understands that he has been selected for employment Executive is being employed by the Company on the basis of his Executive’s personal qualifications, experience experience, and skills. Executive agrees, therefore, he Executive cannot assign all or any portion of his Executive’s performance under this Agreement. Subject to the preceding two (2) sentences and the express provisions of paragraph 12 13 below, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, legal representatives, successors successors, and assigns.

Appears in 1 contract

Samples: Change of Control Severance Agreement (Synaptics Inc)

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