Common use of Benefit of Agreement; Assignment; Beneficiary Clause in Contracts

Benefit of Agreement; Assignment; Beneficiary. (a) This Agreement shall inure to the benefit of and be binding upon the Company and their successors and assigns (but only to the extent the Agreement relates to such entity), including, without limitation, any corporation or person which may acquire all or substantially all of the Company’s assets or business or with or into which the Company may be consolidated or merged. This Agreement shall also inure to the benefit of, and be enforceable by, the Executive and his personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amount would still be payable to the Executive hereunder if he had continued to live, all such amounts shall be paid in accordance with the terms of this Agreement to the Executive’s beneficiary, devisee, legatee or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 4 contracts

Samples: Employment Agreement (Kroll Inc), Employment Agreement (Kroll Inc), Employment Agreement (Kroll Inc)

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Benefit of Agreement; Assignment; Beneficiary. (a) This Agreement shall inure to the benefit of and be binding upon the Company and their successors and assigns (but only to the extent the Agreement relates to such entity), including, without limitation, any corporation or person which may acquire all or substantially all of the Company’s 's assets or business or with or into which the Company may be consolidated or merged. This Agreement shall also inure to the benefit of, and be enforceable by, the Executive and his personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amount would still be payable to the Executive hereunder if he had continued to live, all such amounts shall be paid in accordance with the terms of this Agreement to the Executive’s 's beneficiary, devisee, legatee or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 2 contracts

Samples: Employment Agreement (Kroll Inc), Employment Agreement (Kroll Inc)

Benefit of Agreement; Assignment; Beneficiary. (a) This Agreement shall inure to the benefit of and be binding upon the Company and their successors and assigns (but only to the extent the Agreement relates to such entity), including, without limitation, any corporation or person which may acquire all or substantially all of the Company’s 's assets or business business, or with or into which the Company may be consolidated or merged. This Agreement shall also inure to the benefit of, and be enforceable by, the Executive and his personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amount would still be payable to the Executive hereunder if he had continued to live, all such amounts shall be paid in accordance with the terms of this Agreement to the Executive’s 's beneficiary, devisee, legatee or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 2 contracts

Samples: Employment Agreement (Ogara Co /Oh/), Employment Agreement (Ogara Co /Oh/)

Benefit of Agreement; Assignment; Beneficiary. (a) This Agreement shall inure to the benefit of and be binding upon the Company and their successors and assigns (but only to the extent the Agreement relates to such entity), including, without limitation, any corporation or person which may acquire all or substantially all of the Company’s assets or business or with or into which the Company may be consolidated or merged. This Agreement shall also inure to the benefit of, and be enforceable by, the Executive and his personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amount would still be payable to the Executive hereunder if he had continued to live, all such amounts shall be paid in accordance with the terms of this Agreement to the Executive’s beneficiary, devisee, devise; legatee or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 1 contract

Samples: Employment Agreement (O'Gara Group, Inc.)

Benefit of Agreement; Assignment; Beneficiary. (a) This Agreement shall inure to the benefit of and be binding upon the Company and their its successors and assigns (but only to the extent the Agreement relates to such entity), including, without limitation, any corporation or person which may acquire all or substantially all of the Company’s 's assets or business or with or into which the Company may be consolidated or merged. This Agreement shall also inure to the benefit of, and be enforceable by, the Executive and his personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amount would still be payable to the Executive hereunder if he had continued to live, all such amounts amount shall be paid in accordance with the terms of this Agreement to the Executive’s 's beneficiary, devisee, legatee or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 1 contract

Samples: Employment Agreement (Kroll O Gara Co)

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Benefit of Agreement; Assignment; Beneficiary. (a) This Agreement --------------------------------------------- shall inure to the benefit of and be binding upon the Company and their its successors and assigns (but only to the extent the Agreement relates to such entity)assigns, including, without limitation, any corporation or person which may acquire all or substantially all of the Company’s 's assets or business business, or with or into which the Company may be consolidated or merged. This Agreement shall also inure to the benefit of, and be enforceable by, the Executive and his her personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amount would still be payable to the Executive hereunder if he she had continued to live, all such amounts shall be paid in accordance with the terms of this Agreement to the Executive’s 's beneficiary, devisee, legatee or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 1 contract

Samples: Employment Agreement (Knoll Inc)

Benefit of Agreement; Assignment; Beneficiary. (a) This Agreement shall inure to the benefit of and be binding upon the Company and their successors and assigns (but only to the extent the Agreement relates to such entity), including, without limitation, any corporation or person which may acquire all or substantially all of the Company’s 's assets or business or with or into which the Company may be consolidated or merged. This Agreement shall also inure to the benefit of, and be enforceable by, the Executive and his her personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amount would still be payable to the Executive hereunder if he she had continued to live, all such amounts shall be paid in accordance with the terms of this Agreement to the Executive’s 's beneficiary, devisee, legatee or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 1 contract

Samples: Employment Agreement (Kroll Inc)

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