Common use of Contents of Agreement; Amendment and Assignment Clause in Contracts

Contents of Agreement; Amendment and Assignment. (a) This Agreement sets forth the entire understanding between the Parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by Executive and executed on the Company’s behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to Executive under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the Parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 6 contracts

Samples: Executive Change in Control Agreement (Eurand N.V.), Executive Change in Control Agreement (Eurand N.V.), Change in Control Agreement (Eurand N.V.)

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Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the Parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by Executive and executed on the Company’s behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to Executive under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the Parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 3 contracts

Samples: Executive Severance Agreement (Cephalon Inc), Executive Severance Agreement (Cephalon Inc), Cephalon Inc

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the Parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by Executive and executed on the Company’s 's behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to Executive under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the Parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 3 contracts

Samples: Severance and Change in Control Agreement (Internet Capital Group Inc), Severance Agreement (Cephalon Inc), Executive Severance Agreement (Cephalon Inc)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the Parties parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by Executive Muther, BGH and executed on the Company’s behalf by a duly authorized officerBPLSC. The provisions of this Agreement may provide for payments to Executive Muther under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the Parties parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company BGH or the BoardBPLSC.

Appears in 2 contracts

Samples: Employment and Severance Agreement (Buckeye Partners L P), Termination of Employment Agreement (Buckeye GP Holdings L.P.)

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Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the Parties parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by Executive Employee, BPL and executed on the Company’s behalf by a duly authorized officerBPLSC. The provisions of this Agreement may provide for payments to Executive Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the Parties parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company BPL or BPLSC or the Board.

Appears in 2 contracts

Samples: Severance Agreement (Buckeye Partners, L.P.), Severance Agreement (Buckeye Partners L P)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the Parties parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by Executive Xxxxxx and executed on the Company’s behalf Company and only if approved by a duly authorized officerthe Board. The provisions of this Agreement may provide for payments to Executive Xxxxxx under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the Parties parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the BoardCompany.

Appears in 1 contract

Samples: Severance Agreement (Buckeye Partners L P)

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