Common use of Merger or Reorganization Clause in Contracts

Merger or Reorganization. This Agreement shall not be terminated by the voluntary or involuntary dissolution of the Company or by any merger or consolidation where the Company is not the surviving or resulting corporation, or upon any transfer of all or substantially all of the assets of the Company. In the event of any such merger or consolidation or transfer of assets, the provisions of this Agreement shall be binding on and shall inure to the benefit of the surviving or resulting corporation or the corporation to which such assets shall be transferred.

Appears in 3 contracts

Samples: Employment Agreement (Western Water Co), Employment Agreement (Western Water Co), Employment Agreement (United Golf Products Inc)

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Merger or Reorganization. This Agreement shall not be terminated by the voluntary or involuntary dissolution of the Company or by any merger or consolidation where the Company is not the surviving or resulting corporation, or upon any transfer of all or substantially all of the assets of the Company. In the event of any such merger or consolidation or transfer of assets, the provisions of this Agreement shall be binding on and shall inure to the benefit of the surviving or resulting corporation or the corporation to which such assets shall be transferred. 9.

Appears in 2 contracts

Samples: Employment Agreement (Orion Capital Corp), Employment Agreement (Orion Capital Corp)

Merger or Reorganization. This Agreement agreement shall not be terminated by the voluntary or involuntary dissolution of the Company or by any merger or consolidation where the Company is not the surviving or resulting corporation, or upon any transfer of all or substantially all of the assets of the Company. In the event of any such merger or consolidation or transfer of assets, the provisions of this Agreement agreement shall be binding on and shall inure to the benefit of the surviving or resulting corporation or the corporation to which such assets shall be transferred.

Appears in 2 contracts

Samples: Employment Agreement (Laser Power Corp/Fa), Employment Agreement (Laser Power Corp/Fa)

Merger or Reorganization. This Agreement shall not be terminated by the voluntary or involuntary dissolution of the Company or by any merger or consolidation where the Company is not the surviving or resulting corporation, or upon any transfer of all or substantially all of the assets of the Company. In the event of any such merger or consolidation or transfer of assets, the provisions of this Agreement shall be binding on and shall inure to the benefit of the surviving or resulting corporation or the corporation to which such assets shall be transferred.

Appears in 1 contract

Samples: Employment Agreement (Orion Capital Corp)

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Merger or Reorganization. This Agreement agreement shall not be terminated by the voluntary or involuntary dissolution of the Company or by any merger or consolidation where the Company is not the surviving or resulting corporation, or upon any transfer of all or substantially all of the assets of the Company. In the event of any such merger or consolidation or transfer of assets, the provisions of this Agreement agreement shall be binding on and shall inure to the benefit of the surviving or resulting corporation or the corporation to which such assets shall be transferred. 5 9.

Appears in 1 contract

Samples: Employment Agreement (Laser Power Corp/Fa)

Merger or Reorganization. This Agreement shall not be terminated by the voluntary merger or involuntary consolidation, dissolution or reorganization of the Company or by (including but not limited to any merger or consolidation reorganization where the Company is not the surviving or resulting corporation), or upon any transfer of all or substantially all of the assets of the Company. In the event of any such merger or consolidation merger, consolidation, reorganization liquidation or transfer of assets, the provisions of this Agreement shall be binding on and shall inure to the benefit of and shall be binding upon the surviving or resulting corporation or the corporation or person(s) to which such assets shall be transferred.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Tech Sym Corp)

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