Common use of Binding Effect and Assignability Clause in Contracts

Binding Effect and Assignability. This Agreement may not be assigned by either party without the prior written consent of the other party, except that in the event Company should undergo any change in ownership or change in structure or control, or should Company transfer some or all of its assets to another entity, this Agreement may be assigned by Company without the Employee's further consent to any company, business, partnership, individual or entity, and that the Employee will continue to remain bound by this Agreement. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, legatees, devisees, personal representatives, successors and assigns.

Binding Effect and Assignability. This Agreement may not be -------------------------------- assigned by either party without the prior written consent of the other party, except that in the event Company should undergo any change in ownership or change in structure or control, or should Company transfer some or all of its assets to another entity, this Agreement may be assigned by Company without the Employee's further consent to any company, business, partnership, individual or entity, and that the Employee will continue to remain bound by this Agreement. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, legatees, devisees, personal representatives, successors and assigns.

Binding Effect and Assignability. This Agreement may not be -------------------------------- assigned by either party without the prior written consent of the other party, except that in the event Company should undergo any change in ownership or change in structure or control, or should Company transfer some or all of its assets to another entity, this Agreement may be assigned by Company without the Employee's further consent to any company, business, partnership, individual or entityentity , and that the Employee will continue to remain bound by this Agreement. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, legatees, devisees, personal representatives, successors and assigns.

Binding Effect and Assignability. This Agreement may not be assigned by -------------------------------- either party without the prior written consent of the other party, except that in the event Company should undergo any change in ownership or change in structure or control, or should Company transfer some or all of its assets to another entity, this Agreement may be assigned by Company without the Employee's further consent to any company, business, partnership, individual or entity, and that the Employee will continue to remain bound by this Agreement. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, legatees, devisees, personal representatives, successors and assigns.