ASSIGNMENT Non-Assignability. (1) The parties covenant and agree that neither party shall, without the prior written consent of the other, which consent shall not be unreasonably withheld, transfer the whole or any part of this Agreement or any of its interest, rights or obligations hereunder other than to an Affiliate which is expressly authorized; and (2) In the case of any such transfer the parties hereto and the assignee shall execute an agreement confirming such assignment and such assumption of obligations, provided that no such agreement shall release the assignor from its obligations hereunder.
Appears in 2 contracts
Sources: Authorized Distributor Agreement (Rainmaker Worldwide Inc.), Authorized Distributor Agreement (Rainmaker Worldwide Inc.)