Assignment by Company. This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “successor” shall mean any person, firm, corporation, or business entity which, at any time, whether by merger, purchase, or otherwise, acquires all or substantially all, or control of all or substantially all, of the assets or the business of the Company. Except as provided herein, the Company may not otherwise assign this Agreement.
Appears in 25 contracts
Samples: Employment Agreement (Carmax Inc), Agreement and General Release (Carmax Inc), Severance Agreement (Carmax Inc)
Assignment by Company. This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “"Company” " under the terms of this Agreement. As used in this Agreement, the term “"successor” " shall mean any person, firm, corporation, or business entity which, which at any time, whether by merger, purchase, or otherwise, acquires all or substantially all, or control of all or substantially all, of the assets or the business of the Company. Except as provided hereinNotwithstanding such assignment, the Company shall remain, with such successor, jointly and severally liable for all its obligations hereunder. Except as herein provided, this Agreement may not otherwise assign this Agreementbe assigned by the Company.
Appears in 6 contracts
Samples: Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.)
Assignment by Company. This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “successor” shall mean any person, firm, corporation, or business entity which, which at any time, whether by merger, purchase, or otherwise, acquires all or substantially all, or control of all or substantially all, of the assets or the business of the Company. Except as provided hereinNotwithstanding such assignment, the Company shall remain, with such successor, jointly and severally liable for all its obligations hereunder. Except as herein provided, this Agreement may not otherwise assign this Agreementbe assigned by the Company.
Appears in 3 contracts
Samples: Employment Agreement (China Hydroelectric Corp), Employment Agreement (China Hydroelectric Corp), Employment Agreement (China Hydroelectric Corp)
Assignment by Company. This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “"Company” " under the terms of this Agreement. As used in this Agreement, the term “"successor” " shall mean any person, firm, corporation, corporation or business entity which, which at any time, whether by merger, purchase, purchase or otherwise, otherwise acquires all or substantially all, or control of all or substantially all, of the assets or the business of the Company. Except as provided hereinNotwithstanding such assignment, the Company may not otherwise assign this Agreementshall remain jointly and severally liable for all obligations hereunder.
Appears in 3 contracts
Samples: Employment Agreement (Ryland Group Inc), Employment Agreement (Ryland Group Inc), Employment Agreement (Ryland Group Inc)
Assignment by Company. This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “successor” shall mean any person, firm, corporation, or business entity which, to which the Company assigns this Agreement or which at any time, whether by merger, purchase, or otherwise, acquires all or substantially all, or control of all or substantially all, of the assets or the business Business of the Company. Except as provided hereinNotwithstanding such assignment, the Company may not otherwise assign this Agreementshall remain, with such successor, jointly and severally liable for all its obligations hereunder.
Appears in 3 contracts
Samples: Employment Agreement (NanoFlex Power Corp), Employment Agreement (NanoFlex Power Corp), Employment Agreement (NanoFlex Power Corp)
Assignment by Company. This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “successor” shall mean any person, firm, corporation, corporation or business entity which, which at any time, whether by merger, purchase, or otherwise, acquires all or substantially all, or control of essentially all or substantially all, of the assets or the business of the Company. Except as provided hereinNotwithstanding such assignment, the Company may not otherwise assign this Agreementshall remain, with such successor, jointly and severally liable for all its obligations hereunder.
Appears in 3 contracts
Samples: 2006 Employment Agreement (Smart & Final Inc/De), Employment Agreement (Smart & Final Inc/De), Employment Agreement (Smart & Final Inc/De)
Assignment by Company. This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “successor” shall mean any person, firm, corporation, corporation or business entity which, which at any time, whether by merger, purchase, purchase or otherwise, acquires all or substantially all, or control of all or substantially all, of the assets or the business securities of the Company. Except as provided herein, the Company may not otherwise assign this Agreement.
Appears in 2 contracts
Samples: Amended Employment Agreement (Auriga Laboratories, Inc.), Employment Agreement (Auriga Laboratories, Inc.)
Assignment by Company. This Agreement may and shall be assigned or --------------------- transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for the "Com- pany" for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “"successor” " shall mean any person, firm, corporation, or business entity which, which at any time, whether by merger, purchase, or otherwise, acquires all or substantially all, or control of all or substantially all, of the assets or the business of the Company. Except as provided hereinherein provided, the Company this Agreement may not otherwise assign this Agreementbe assigned by the Company.
Appears in 1 contract
Assignment by Company. This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “successor” shall mean any person, firm, corporation, or business entity which, at any time, whether by merger, purchase, or otherwise, acquires all or substantially all, or control of all or substantially all, of the assets or the business of the Company. Except as provided herein, the Company may not otherwise assign this Agreement.. 12.2
Appears in 1 contract
Samples: Severance Agreement (Carmax Inc)
Assignment by Company. (a) This Agreement may and shall be assigned or transferred to, and shall be binding upon and shall inure to the benefit of, any successor of the Company, and any such successor shall be deemed substituted for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “successor” shall mean any person, firm, corporation, corporation or business entity which, which at any time, whether by merger, purchase, purchase or otherwise, acquires all or substantially all, or control of all or substantially all, of the assets or the business of the Company. Except as provided hereinNotwithstanding such assignment, the Company may not otherwise assign this Agreementshall remain, with such successor, jointly and severally liable for all its obligations hereunder.
Appears in 1 contract
Samples: Employment Agreement (United Security Bancshares Inc)