Binding Effects; Benefits. This Option shall inure to the benefit of and shall be binding upon the Company and the Optionholder and their respective heirs, legal representatives, successors and assigns. Nothing in this Option, expressed or implied, is intended to or shall confer on any person other than the Company and the Optionholder, or their respective heirs, legal representatives, successors or assigns, any rights, remedies, obligations or liabilities under or by reason of this Option.
Appears in 2 contracts
Sources: Option Agreement (Rc Arbys Corp), Option Agreement (Triarc Companies Inc)