Common use of Binding Agreement; Successors and Assigns Clause in Contracts

Binding Agreement; Successors and Assigns. This Agreement shall be binding upon, and shall inure to the benefit of, LifeCare and Employee and their respective legal representatives, heirs, executors, administrators, and successors and assigns (as permitted by this Article 12), including any successor to LifeCare by merger, consolidation, or reorganization and any other person that acquires all or substantially all of the business and assets of LifeCare. LifeCare shall have the right, without the need for any consent from Employee, to assign its rights, benefits, remedies, and obligations under this Agreement to one or more other persons. The rights, benefits, remedies, and obligations of Employee under this Agreement are personal to Employee, however, and may not be assigned or delegated by him; except that this shall not preclude (i) Employee from designating one or more beneficiaries to receive any amount or benefit that may be paid or provided after Employee’s death or (ii) the legal representative of Employee’s estate from assigning any right or benefit under this Agreement to the person or persons entitled thereto under Employee’s will or the laws of intestacy applicable to Employee’s estate, as the case may be.

Binding Agreement; Successors and Assigns. This Agreement shall be binding upon, and shall inure to the benefit of, LifeCare the Company and Employee and Salsxxxx xxx their respective legal representatives, heirs, executors, administrators, and successors and assigns (as permitted by this Article 12), including any successor to LifeCare the Company by merger, consolidation, or reorganization and any other person that acquires all or substantially all of the business and assets of LifeCarethe Company. LifeCare The Company shall have the right, without the need for any consent from EmployeeSalsxxxx, to xx assign its rights, benefits, remedies, and obligations under this Agreement to one or more other persons. The rights, benefits, remedies, and obligations of Employee under Salsxxxx xxxer this Agreement are personal to EmployeeSalsxxxx, howeverxxwever, and may not be assigned or delegated by himher; except that this shall not preclude (i) Employee from Salsxxxx xxxm designating one or more beneficiaries to receive any amount or benefit that may be paid or provided after Employee’s death Salsxxxx'x xxxth or (ii) the legal representative of Employee’s estate Salsxxxx'x xxxate from assigning any right or benefit under this Agreement to the person or persons entitled thereto under Employee’s will Salsxxxx'x xxxl or the laws of intestacy applicable to Employee’s estateSalsxxxx'x xxxate, as the case may be.

Binding Agreement; Successors and Assigns. This Agreement shall be binding upon, and shall inure to the benefit of, LifeCare the Company and Employee Sxxxx and their respective legal representatives, heirs, executors, administrators, and successors and assigns (as permitted by this Article 12), including any successor to LifeCare the Company by merger, consolidation, or reorganization and any other person that acquires all or substantially all of the business and assets of LifeCarethe Company. LifeCare The Company shall have the right, without the need for any consent from EmployeeSxxxx, to assign its rights, benefits, remedies, and obligations under this Agreement to one or more other persons. The rights, benefits, remedies, and obligations of Employee Sxxxx under this Agreement are personal to EmployeeSxxxx, however, and may not be assigned or delegated by him; except that this shall not preclude (i) Employee Sxxxx from designating one or more beneficiaries to receive any amount or benefit that may be paid or provided after Employee’s Sxxxx’x death or (ii) the legal representative of Employee’s Sxxxx’x estate from assigning any right or benefit under this Agreement to the person or persons entitled thereto under Employee’s Sxxxx’x will or the laws of intestacy applicable to Employee’s Sxxxx’x estate, as the case may be.

Binding Agreement; Successors and Assigns. This Agreement shall be binding upon, and shall inure to the benefit of, LifeCare and Employee and their respective legal representatives, heirs, executors, administrators, and successors and assigns (as permitted by this Article Section 12), including any successor to LifeCare by merger, consolidation, or reorganization and any other person that acquires all or substantially all of the business and assets of LifeCare. LifeCare shall have the right, without the need for any consent from Employee, to assign its rights, benefits, remedies, and obligations under this Agreement to one or more other persons. The rights, benefits, remedies, and obligations of Employee under this Agreement are personal to Employee, however, and may not be assigned or delegated by him; except that this shall not preclude (i) Employee from designating one or more beneficiaries to receive any amount or benefit that may be paid or provided after Employee’s death or (ii) the legal representative of Employee’s estate from assigning any right or benefit under this Agreement to the person or persons entitled thereto under Employee’s will or the laws of intestacy applicable to Employee’s estate, as the case may be.