Common use of Binding Effect; Assignment Clause in Contracts

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's rights or obligations under this Agreement may not be assigned by Executive.

Appears in 16 contracts

Sources: Employment Agreement (Weider Nutrition International Inc), Employment Agreement (Aeropostale Inc), Employment Agreement (Aeropostale Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive, but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive's rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 16 contracts

Sources: Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; ’s business. Executive's ’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 16 contracts

Sources: Employment Agreement (Duos Technologies Group, Inc.), Employment Agreement (Duos Technologies Group, Inc.), Employment Agreement (Duos Technologies Group, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; Executive's ’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 11 contracts

Sources: Employment Agreement (Crumbs Bake Shop, Inc.), Employment Agreement (Aeropostale Inc), Employment Agreement (Aeropostale Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's ’s business or properties. The Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable nor assignable by the Executive.

Appears in 10 contracts

Sources: Employment Agreement (Marina Biotech, Inc.), Employment Agreement (Marina Biotech, Inc.), Employment Agreement (Marina Biotech, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and or properties; . The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable nor assignable by the Executive.

Appears in 9 contracts

Sources: Employment Agreement (Amtech Systems Inc), Employment Agreement (Amtech Systems Inc), Employment Agreement (Information Resource Engineering Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive. The Executive's rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 8 contracts

Sources: Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business or properties. The Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable nor assignable by the Executive.

Appears in 8 contracts

Sources: Employment Agreement (Safenet Inc), Employment Agreement (Safenet Inc), Employment Agreement (Safenet Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive's . The Executive’s rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 7 contracts

Sources: Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its subsidiaries or affiliates without the consent of Executive's . Executive’s rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.2 shall pass upon Executive’s death to Executive’s executor or administrator.

Appears in 7 contracts

Sources: Employment Agreement, Employment Agreement (Change Healthcare Inc.), Employment Agreement (Change Healthcare Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business or properties. The Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable nor assignable by the Executive.

Appears in 6 contracts

Sources: Employment Agreement (Amtech Systems Inc), Employment Agreement (Amtech Systems Inc), Employment Agreement (Renegy Holdings, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's business and or properties; . The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable nor assignable by the Executive.

Appears in 6 contracts

Sources: Employment Agreement (Nastech Pharmaceutical Co Inc), Employment Agreement (Nastech Pharmaceutical Co Inc), Employment Agreement (Nastech Pharmaceutical Co Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive.

Appears in 5 contracts

Sources: Employment Agreement (Labone Inc/), Employment Agreement (Labone Inc/), Employment Agreement (Labone Inc/)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business ’s business. The Company may assign its rights and properties; obligations under this Agreement to any of its subsidiaries or affiliates without Executive's ’s consent, but shall remain liable for any payments provided hereunder that are not timely made by any such assignee. Executive’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 5 contracts

Sources: Separation of Employment Agreement (Mallinckrodt PLC), Separation of Employment Agreement (Mallinckrodt PLC), Separation of Employment Agreement (Mallinckrodt PLC)

Binding Effect; Assignment. The rights and obligations of this -------------------------- Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon the Executive's death to Executive's executor or administrator.

Appears in 5 contracts

Sources: Employment Agreement (Careinsite Inc), Employment Agreement (Synetic Inc), Employment Agreement (Careinsite Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and or properties; . The Executive's rights or obligations under this Agreement may hereunder are personal to and shall not be assigned transferable or assignable by the Executive.

Appears in 4 contracts

Sources: Employment Agreement (Amtech Systems Inc), Change of Control Severance Agreement (Amtech Systems Inc), Change of Control Severance Agreement (Amtech Systems Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; Executive's . The Company may assign its rights and delegate its obligations hereunder to any of its affiliates without the consent of Employee, provided that Company remains ultimately liable for all of Company’s obligations hereunder. Employee’s rights or obligations under this Agreement may not be assigned by ExecutiveEmployee.

Appears in 4 contracts

Sources: Employment Agreement (SCM Microsystems Inc), Employment Agreement (SCM Microsystems Inc), Employment Agreement (SCM Microsystems Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's ’s business. Employee’s rights or obligations under this Agreement may not be assigned by ExecutiveEmployee.

Appears in 3 contracts

Sources: Employment Agreement (Rancho Santa Fe Mining, Inc.), Employment Agreement (Rancho Santa Fe Mining, Inc.), Employment Agreement (Microphase Corp)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business or properties. The Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable or assignable by the Executive.

Appears in 3 contracts

Sources: Change of Control and Severance Agreement (Amtech Systems Inc), Change of Control and Severance Agreement (Amtech Systems Inc), Change of Control and Severance Agreement (Amtech Systems Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive's , but shall remain liable for any payments provided hereunder not timely made by any Affiliate assignee. The Executive’s rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 3 contracts

Sources: Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp), Severance and Retention Agreement (CSK Auto Corp)

Binding Effect; Assignment. The rights and obligations of the -------------------------- Company under this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the right specified in Section 5.2 shall pass upon Executive's death to Executive's executor or administrator.

Appears in 2 contracts

Sources: Employment Agreement (Medical Manager Corp/New/), Employment Agreement (Medical Manager Corp/New/)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon the Executive's death to Executive's executor or administrator.

Appears in 2 contracts

Sources: Employment Agreement (Careinsite Inc), Employment Agreement (Careinsite Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive's . Executive’s rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 5.2 shall pass upon the Executive’s death to Executive’s executor or administrator.

Appears in 2 contracts

Sources: Employment Agreement (Emdeon Corp), Employment Agreement (Webmd Corp /New/)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its affiliated companies without the consent of the Executive's , but shall remain liable for any payments payable to the Executive under this Agreement not timely made by any assignee. The Executive’s rights or obligations under this Agreement may not be assigned by the Executive.

Appears in 2 contracts

Sources: Success Bonus Agreement (Beam Inc), Success Bonus and Consulting Agreement (Beam Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of Executive's . Executive’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 2 contracts

Sources: Employment Agreement (HLTH Corp), Employment Agreement (Quest Diagnostics Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon Executive's death to Executive's executor or administrator.

Appears in 1 contract

Sources: Employment Agreement (Webmd Corp /New/)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; business. Executive's rights or obligations under this Agreement may not be assigned by Executive.

Appears in 1 contract

Sources: Employment Agreement (Duos Technologies Group, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.2 shall pass upon the Executive's death to Executive's executor or administrator.

Appears in 1 contract

Sources: Employment Agreement (Webmd Corp /New/)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive’s business. Strategic Advisor's rights or obligations under this Agreement may not be assigned by ExecutiveStrategic Advisor.

Appears in 1 contract

Sources: Employment Agreement (Microphase Corp)

Binding Effect; Assignment. The rights and obligations of this -------------------------- Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of Executive. Executive's rights or obligations under this Agreement may not be assigned by Executive, except that the rights specified in Section 4.3 shall pass upon Executive's death to Executive's executor or administrator.

Appears in 1 contract

Sources: Employment Agreement (Careinsite Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's rights or obligations under this Agreement may not be assigned by Executive. The Company acknowledges that the provisions of the last paragraph of Section 2 were a material inducement to Executive in entering into this Agreement.

Appears in 1 contract

Sources: Employment Agreement (Weider Nutrition International Inc)

Binding Effect; Assignment. The rights and obligations of this -------------------------- Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . Executive's rights or obligations under this Agreement may not be assigned by the Executive, except that the right specified in Section 4.3 shall pass upon the Executive's death to Executive's executor or administrator.

Appears in 1 contract

Sources: Employment Agreement (Synetic Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; . The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Executive's . Executive’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 1 contract

Sources: Employment Agreement (HLTH Corp)

Binding Effect; Assignment. The rights and obligations of the Companies under this Agreement shall bind and inure to the benefit of any successor or successors of the Company Companies by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive's properties of the Companies. The rights or obligations of the Executive under this Agreement may not be assigned by shall bind and inure to the benefit of the Executive, his heirs, personal representatives and assigns.

Appears in 1 contract

Sources: Securities Grant Agreement (57th Street General Acquisition Corp)

Binding Effect; Assignment. The rights and obligations of this -------------------------- Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; . Executive's rights or obligations under this Agreement may not be assigned by the Executive, except that the right specified in Section 4.2 shall pass upon the Executive's death to Executive's executor or administrator.

Appears in 1 contract

Sources: Employment Agreement (Synetic Inc)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's ’s business and properties; Executive's . The Company may assign its rights and obligations under this Agreement to any of its affiliated companies without the consent of Employee, but the Company shall remain liable for any payments provided hereunder not timely made by any assignee. Employee’s rights or obligations under this Agreement may not be assigned by ExecutiveEmployee.

Appears in 1 contract

Sources: President’s Award Agreement (Navigators Group Inc)

Binding Effect; Assignment. The rights and obligations of this ------------------------------- Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business and properties; Executive. The Company may assign its rights and obligations under this Agreement to any of its Affiliates without the consent of the Consultant. The Consultant's rights or obligations under this Agreement may not be assigned by Executivethe Consultant.

Appears in 1 contract

Sources: Consulting Agreement (Moore Benjamin & Co)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee transferee of all or substantially all of the Company's ’s business or properties. Executive’s rights hereunder are personal to and properties; Executive's rights or obligations under this Agreement may shall not be assigned transferable nor assignable by Executive.

Appears in 1 contract

Sources: Employment Agreement (MDRNA, Inc.)

Binding Effect; Assignment. The rights and obligations of this Agreement shall bind and inure to the benefit of any successor or successors of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all of the Company's business ’s business. The Company may assign its rights and properties; obligations under this Agreement to any of its subsidiaries or affiliates without Executive's ’s consent, but shall remain liable for any payments provided hereunder not timely made by any such assignee. Executive’s rights or obligations under this Agreement may not be assigned by Executive.

Appears in 1 contract

Sources: Separation of Employment Agreement (Mallinckrodt PLC)