Common use of Binding Effect; Survival Clause in Contracts

Binding Effect; Survival. This Agreement is binding upon and shall inure to the benefit of the parties and their respective successors, heirs and assigns, provided that no part of this Agreement is assignable by Executive. Except as otherwise expressly provided herein, upon the termination or expiration of this Agreement the respective rights and obligations of the parties hereto shall survive such termination or expiration to the extent necessary to carry out the intentions of the parties set forth in this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Blue Ridge Bankshares, Inc.), Employment Agreement (Blue Ridge Bankshares, Inc.), Employment Agreement (Blue Ridge Bankshares, Inc.)

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Binding Effect; Survival. This Agreement is binding upon and shall inure to the benefit of the parties and Parties, together with their respective executors, administrators, successors, heirs personal representatives, heirs, and permitted assigns, provided that no part of this Agreement is assignable by Executive. Except as otherwise expressly provided herein, upon the termination or expiration of this Agreement the The respective rights and obligations of the parties hereto Parties under this Agreement shall survive such the expiration or termination or expiration of the Term to the extent necessary to carry out the intentions of the parties set forth in this Agreementgive full effect to those rights and obligations.

Appears in 3 contracts

Samples: Employment Agreement (Sciquest Inc), Executive Employment Agreement (Sciquest Com Inc), Executive Employment Agreement (Network Systems International Inc)

Binding Effect; Survival. This Agreement is binding upon and shall inure to the benefit of the parties and their respective successors, heirs and assigns, provided that no part of this Agreement is assignable by Executiveyou. Except as otherwise expressly provided herein, upon the termination or expiration of this Agreement the respective rights and obligations of the parties hereto shall survive such termination or expiration to the extent necessary to carry out the intentions of the parties set forth in this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Blue Ridge Bankshares, Inc.), Employment Agreement (Blue Ridge Bankshares, Inc.)

Binding Effect; Survival. This Agreement is shall be binding upon upon, and will inure to the benefit of, the Parties and their successors and valid assigns. The obligations of the Parties and the provisions of this Agreement that by their nature survive the termination hereof, including those obligations as expressly stated in this Agreement, shall survive and inure to the benefit of the parties Parties, their successors and their respective successors, heirs and valid assigns, provided that no part of this Agreement is assignable by Executive. Except as otherwise expressly provided herein, upon the termination or expiration of this Agreement the respective rights and obligations of the parties hereto shall survive such termination or expiration to the extent necessary to carry out the intentions of the parties set forth in this Agreement.

Appears in 2 contracts

Samples: Permit Agreement, Permit Agreement

Binding Effect; Survival. This Agreement is shall be binding upon on and shall inure to the benefit of the parties and their respective successors, heirs and assigns, provided that no part of this Agreement is assignable by Executivethe Officer. Except as otherwise expressly provided herein, upon the termination or expiration of this Agreement the respective rights and obligations of the parties hereto shall survive such termination or expiration to the extent necessary to carry out the intentions intention of the parties set forth embodied in this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Midcarolina Financial Corp), Employment Agreement (American National Bankshares Inc)

Binding Effect; Survival. This The Agreement is shall be binding upon and shall inure to the benefit of the parties and their respective successors, heirs successors and assigns, provided that no part of this Agreement is assignable by Executive. Except as otherwise expressly provided herein, upon the termination or expiration of this Agreement the respective rights and obligations Any provisions of the parties hereto Agreement creating obligations extending beyond the Term of the Agreement shall survive such the expiration or termination or expiration to the extent necessary to carry out the intentions of the parties set forth in this Agreement, regardless of the reason for such termination.

Appears in 2 contracts

Samples: Terms of Service, Terms of Service

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Binding Effect; Survival. This Agreement is shall be binding upon on and shall inure to the benefit of the parties and their respective successors, heirs and assigns, provided that no part of this Agreement is assignable by Executive. No assignment by the Company hereunder shall release the Company from its obligations pursuant to Paragraph 4 hereof in the event the Company's successor fails to satisfy such obligations. Except as otherwise expressly provided herein, upon the termination or expiration of this Agreement the respective rights and obligations of the parties hereto shall survive such termination or expiration to the extent necessary to carry out the intentions intention of the parties set forth embodied in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American National Bankshares Inc.)

Binding Effect; Survival. This Agreement is shall be binding upon on and shall inure to the benefit of the parties and their respective successors, heirs and assigns, provided that no part of this Agreement is assignable by Executive. No assignment by the Company shall release the Company from its obligations pursuant to Paragraph 4 in the event the Company’s successor fails to satisfy those obligations. Except as otherwise expressly provided hereinprovided, upon the termination or expiration of this Agreement the respective rights and obligations of the parties hereto shall survive such termination or expiration to the extent necessary to carry out the intentions intention of the parties set forth embodied in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American National Bankshares Inc.)

Binding Effect; Survival. This Agreement is binding upon and shall inure to the benefit of the parties and their respective successors, heirs and assigns, provided that no part of this Agreement is assignable by Executivethe Officer. Except as otherwise expressly provided herein, upon the termination or expiration of this Agreement the respective rights and obligations of the parties hereto shall survive such termination or expiration to the extent necessary to carry out the intentions of the parties set forth embodied in the rights and obligations of the parties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Virginia Savings Bancorp)

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