Common use of Non-Assignability; Binding Effect Clause in Contracts

Non-Assignability; Binding Effect. The Executive acknowledges that the services to be rendered by him are unique and personal. Accordingly, the Executive may not assign any of her rights or delegate any of his duties or obligations under this Agreement. The rights and obligations of the Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the Company.

Appears in 3 contracts

Samples: Employment Agreement (Vicorp Restaurants Inc), Employment Agreement (Vicorp Restaurants Inc), Employment Agreement (VI Acquisition Corp)

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Non-Assignability; Binding Effect. The Executive acknowledges that the services to be rendered by him are unique and personal. Accordingly, the Executive may not assign any of her his rights or delegate any of his duties or obligations under this Agreement. The rights and obligations of the Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Vicorp Restaurants Inc), Employment Agreement (VI Acquisition Corp)

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Non-Assignability; Binding Effect. The Executive acknowledges that the services to be rendered by him are unique and personal. Accordingly, the Executive may not assign any of her rights or delegate any of his her duties or obligations under this Agreement. The rights and obligations of the Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the Company.

Appears in 1 contract

Samples: Employment Agreement (VI Acquisition Corp)

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