Common use of Assignments; Binding Effect Clause in Contracts

Assignments; Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Company, its successors and assigns, including any entity which acquires all or substantially all of the Company’s assets to which the Company’s rights and obligations hereunder are assigned. This Agreement shall be binding upon and inure to the benefit of the Employee and his personal representatives, but the obligations undertaken herein by Employee shall not and may not be transferred or assigned and any purported transfer or assignment thereof shall be null and void ab initio.

Assignments; Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Company, its successors and assigns, including any entity which acquires all or substantially all of the Company’s assets to which the Company’s rights and obligations hereunder are assigned. This Agreement shall be binding upon and inure to the benefit of the Employee Xxxxxxxx and his personal representatives, but the obligations undertaken herein by Employee Paladino shall not and may not be transferred or assigned by the Company or Xxxxxxxx and any purported transfer or assignment thereof shall be null and void ab initio.

Assignments; Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Company, its successors and assigns, including any entity which acquires all or substantially all of the Company’s assets to which the Company’s rights and obligations hereunder are assigned. This Agreement shall be binding upon and inure to the benefit of the Employee Executive and his personal representatives, but the obligations undertaken herein by Employee Executive shall not and may not be transferred or assigned by the Company or Executive and any purported transfer or assignment thereof shall be null and void ab initio.

Assignments; Binding Effect. This Agreement and the schedule attached shall be binding upon and inure to the benefit of the Company, its successors and assigns, including any entity which acquires all or substantially all of the Company’s assets to which the Company’s rights and obligations hereunder are assigned. This Agreement shall be binding upon and inure to the benefit of the Employee You and his Your personal representatives, but the obligations undertaken herein by Employee You shall not and may not be transferred or assigned and any purported transfer or assignment thereof shall be null and void ab initio.