Effect of Merger, Transfer of Assets, or Dissolution. Without the prior written consent of Employee, this Agreement shall not be terminated by any voluntary or involuntary dissolution of Company resulting from 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. In the event of any such merger or consolidation or transfer of assets, Employee's rights, benefits, and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of Company's assets, unless Employee agrees otherwise.
Appears in 4 contracts
Samples: Employment Agreement (Seamless Wi-Fi, Inc.), Employment Agreement (American Soil Technologies Inc), Employment Agreement (American Soil Technologies Inc)
Effect of Merger, Transfer of Assets, or Dissolution. Without the prior written consent of Employee, this Agreement shall not be terminated by any voluntary or involuntary dissolution of Company resulting from 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. In the event of any such merger or consolidation or transfer of assets, Employee's ’s rights, benefits, and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of Company's ’s assets, unless Employee agrees otherwise.
Appears in 4 contracts
Samples: Employment Agreement (CIPHERLOC Corp), Employment Agreement (CIPHERLOC Corp), Employment Agreement (CIPHERLOC Corp)
Effect of Merger, Transfer of Assets, or Dissolution. Without the ------------------------------------------------------- prior written consent of Employee, this Agreement shall not be terminated by any voluntary or involuntary dissolution of Company resulting from 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. In the event of any such merger or consolidation or transfer of assets, Employee's rights, benefits, and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of Company's assets, unless Employee agrees otherwise.
Appears in 2 contracts
Samples: Employment Agreement (Esstec Inc), Employment Agreement (Esstec Inc)
Effect of Merger, Transfer of Assets, or Dissolution. Without the prior written consent of Employee, this Agreement shall not be terminated by any voluntary or involuntary dissolution of Company resulting from 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. In the event of any such merger or consolidation or transfer of assets, Employee's rights, benefits, and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of Company's assets, unless Employee agrees otherwise.
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Effect of Merger, Transfer of Assets, or Dissolution. Without the prior written consent of Employee, this Agreement shall not be terminated by any voluntary or involuntary dissolution of Company resulting from 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. In the event of any such merger or consolidation or transfer of assets, Employee's ’s rights, benefits, and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of Company's ’s assets, unless Employee agrees otherwise.
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