Assumption by any Surviving Company. The Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to all or substantially all of its business or assets.
Appears in 6 contracts
Samples: Is Your Employment Agreement (Central Pacific Financial Corp), Is Your Employment Agreement (Central Pacific Financial Corp), Is Your Employment Agreement (Central Pacific Financial Corp)
Assumption by any Surviving Company. The Notwithstanding Section 16, the Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to all or substantially all of its business or assets.
Appears in 2 contracts
Samples: Employment Agreement (Gorilla Technology Group Inc.), Employment Agreement (Gorilla Technology Group Inc.)
