By Pacific Sample Clauses

By Pacific. This Agreement may and shall be assigned or transferred to, and shall be binding upon and inure to the benefit of, any successor of Pacific, and any such successor shall be deemed substituted for all purposes of the “Company” under the terms of this Agreement. As used in this Agreement, the term “successor” shall mean any person, firm, corporation or business entity that at any time causes a Change of Control as described in Paragraph 2. Notwithstanding such assignment, Pacific shall remain, with such successor, jointly and severally liable for all its obligations hereunder. Except as herein provided, Pacific may not otherwise assign this Agreement.
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