Assignment by Officer Clause Samples
The "Assignment by Officer" clause defines the conditions under which an officer of a company or organization may transfer their rights or obligations under an agreement to another party. Typically, this clause outlines whether such assignments are permitted, if prior written consent is required, or if certain restrictions apply—such as only allowing assignments to affiliates or successors. Its core practical function is to control and clarify the transferability of contractual duties or benefits by officers, thereby preventing unauthorized or undesirable changes in the parties responsible for fulfilling the agreement.
Assignment by Officer. This is a personal agreement on the part of Officer and may not be sold, assigned, transferred or conveyed by Officer otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by Officer's legal representatives.
Assignment by Officer. This is a personal Agreement on the part of Officer and may not be sold, assigned, transferred or conveyed by Officer. This Agreement may not be sold, assigned, transferred or conveyed by LabOne except in connection with a merger, consolidation or sale of all or substantially all of the assets of LabOne and then only to the successor to LabOne's operations.
Assignment by Officer. Neither this agreement nor any of its benefits may be assigned by Officer.