Common use of Binding Force; Transfer Clause in Contracts

Binding Force; Transfer. Subject to Clause 5.1, this Agreement shall be binding upon and beneficial to the heirs, successors, executors and administrators of the Parties hereto, as well as the Transferee. However, this Agreement shall not be transferred by any party to this Agreement (other than Investors) without the prior written consent of the respective Investors. This Agreement and the rights and obligations hereunder may be transferred by any Investor to any Person without the prior written consent of the other Parties to this Agreement, provided that such Person has signed a contract of compliance and consented to be bound by this Agreement.