Common use of Assigns and Successors Clause in Contracts

Assigns and Successors. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Company and Executive, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, "Company" shall also refer to any successor to Holding Company or Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 10 contracts

Samples: Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/)

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Assigns and Successors. The rights and obligations of Company and Executive under this Agreement Amendment shall inure to the benefit of and shall be binding upon the successors and assigns of Company and Executive, respectively, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, "Company" shall also refer to any successor to Holding Company or Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 4 contracts

Samples: Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/)

Assigns and Successors. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Company and ExecutiveDirector, provided, however, that Executive Director shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, "Company" shall also refer to any successor to Holding Company or Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 3 contracts

Samples: Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/), Retirement and Change of Control Agreement (DNB Financial Corp /Pa/)

Assigns and Successors. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Company and Executive, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, "Company" shall also refer to any successor to Holding Company or Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 3 contracts

Samples: Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/)

Assigns and Successors. The rights and obligations of Company and Executive under this Agreement Amendment shall inure to the benefit of and shall be binding upon the successors and assigns of Company and Executive, respectively, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, "Company" shall also refer to any successor to Holding Company or Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 3 contracts

Samples: Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/), Change of Control Agreement (DNB Financial Corp /Pa/)

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Assigns and Successors. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Company and Executive, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, "Company" shall also refer to any successor to Holding Company or Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.. 

Appears in 1 contract

Samples: Change of Control Agreement (DNB Financial Corp /Pa/)

Assigns and Successors. The rights and obligations of Company and Executive under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Company and ExecutiveExecutive respectively, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, "Company" shall also refer to any successor to Holding Company or Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.

Appears in 1 contract

Samples: Change of Control Agreement (Prime Bancorp Inc /Pa)

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