Failure to Obtain Assumption Agreement. failure to obtain an assumption of the Employer’s obligations under this Employment Agreement by any successor to the Employer, regardless of whether the entity becomes a successor to the Employer as a result of a merger, consolidation, sale of assets, or other form of purchase, sale or reorganization, or
Appears in 2 contracts
Samples: Employment Agreement (Southern Community Financial Corp), Employment Agreement (Southern Community Financial Corp)
Failure to Obtain Assumption Agreement. failure to obtain an assumption of the Employer’s obligations under this Employment Agreement by any successor to the Employer, regardless of whether the entity becomes a successor to the Employer as a result of a merger, consolidation, sale of assets, or other form of purchase, sale or reorganization, or,
Appears in 1 contract
Samples: Employment Agreement (Southern Community Financial Corp)
Failure to Obtain Assumption Agreement. failure to obtain an assumption of the Employer’s obligations under this Employment Agreement by any successor to the Employer, regardless of whether the such entity becomes a successor to the Employer as a result of a merger, consolidation, sale of assets, or other form of purchase, sale or reorganization, or,
Appears in 1 contract
