Common use of Effect of Merger, Transfer of Assets, or Dissolution Clause in Contracts

Effect of Merger, Transfer of Assets, or Dissolution. (a) This Agreement shall not be terminated by any voluntary or involuntary dissolution of Company resulting from either a merger or consolidation in which Company is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Company.

Appears in 4 contracts

Samples: Employment Agreement (Kiwa Bio-Tech Products Group Corp), Employment Agreement (Kiwa Bio-Tech Products Group Corp), Employment Agreement (Kiwa Bio-Tech Products Group Corp)

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Effect of Merger, Transfer of Assets, or Dissolution. (a) This Agreement shall not be terminated by any voluntary or involuntary dissolution of Company the Corporation resulting from either a merger or consolidation in which Company the Corporation is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of Companythe Corporation.

Appears in 3 contracts

Samples: Employment Agreement (Asia Web Holdings Inc), Employment Agreement (Asia Web Holdings Inc), Employment Agreement (Asia Web Holdings Inc)

Effect of Merger, Transfer of Assets, or Dissolution. (a) This Agreement agreement shall not be terminated by any voluntary or involuntary dissolution of Company Employer resulting from either a merger or of a consolidation in which Company Employer is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of CompanyEmployer. In the event of any such merger or consolidation or transfer of assets, Employer’s rights, benefits, and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of Employer’s assets.

Appears in 3 contracts

Samples: Employment Contract (Zap), Employment Contract (Zap), Employment Contract (Zap)

Effect of Merger, Transfer of Assets, or Dissolution. (a) This Agreement shall not be terminated by any a voluntary or involuntary dissolution of the Company resulting from either a merger or consolidation in which the Company is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Eos International Inc), Employment Agreement (Eos International Inc)

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Effect of Merger, Transfer of Assets, or Dissolution. (a) A. This Agreement shall not be terminated by any voluntary or involuntary dissolution of the Company resulting from either a merger or consolidation in which the Company is not the consolidated or surviving corporation, or a transfer of all or substantially all of the assets of the Company.

Appears in 1 contract

Samples: Employment Agreement (First Nationwide Holdings Inc)

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