Common use of Benefits of Agreement; Assignment Clause in Contracts

Benefits of Agreement; Assignment. The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns, representatives, heirs and estate, as applicable. Anything contained herein to the contrary notwithstanding, this Agreement shall not be assignable by any party hereto without the consent of the other party hereto; provided however, the Corporation may assign this Agreement to any subsidiary or affiliate of the Corporation or to any purchaser of the equity interests or substantially all of the assets of the business segment of the Corporation to which Employee has been assigned.

Appears in 4 contracts

Samples: Employment Agreement (Berry Plastics Group Inc), Employment Agreement (Berry Plastics Group Inc), Employment Agreement (Berry Plastics Group Inc)

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Benefits of Agreement; Assignment. The terms and provisions --------------------------------- of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns, representatives, heirs and estateestates, as applicable. Anything contained herein to the contrary notwithstanding, this This Agreement shall not be assignable by any party hereto without the prior written consent of the other party parties hereto; provided however, except that the Corporation Company may assign this Agreement or its rights hereunder to any Pacer, a direct or indirect wholly-owned subsidiary of Pacer or affiliate of the Corporation Company, or to any purchaser person or entity succeeding to all or any substantial portion of the equity interests or substantially all of the assets of the business segment of the Corporation to which Employee has been assignedtheir respective businesses.

Appears in 2 contracts

Samples: Employment Agreement (Pacer International Inc/Tn), Employment Agreement (Pacer International Inc/Tn)

Benefits of Agreement; Assignment. The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns, representatives, heirs and estate, as applicable. Anything contained herein to the contrary notwithstanding, this Agreement shall not be assignable by any party hereto without the consent of the other party hereto; provided however, the Corporation may assign this Agreement to any subsidiary or affiliate of the Corporation or to any purchaser of the equity interests or substantially all of the assets of the business segment of the Corporation to which Employee has been assigned. 2.

Appears in 1 contract

Samples: Employment Agreement (Berry Global Group, Inc.)

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Benefits of Agreement; Assignment. The terms and provisions of --------------------------------- this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, permitted assigns, representatives, heirs and estateestates, as applicable. Anything contained herein to the contrary notwithstanding, this This Agreement shall not be assignable by any party hereto without the consent of the other party hereto; provided however, except that the Corporation Company may assign this Agreement or its rights hereunder to any subsidiary or affiliate Affiliate of the Corporation Company or to any purchaser Person succeeding to all or any substantial portion of the equity interests or substantially all of the assets of the business segment of the Corporation to which Employee has been assigned.their respective

Appears in 1 contract

Samples: Employment Agreement (Pacer International Inc/Tn)

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