Common use of Nonassignability Binding Agreement Clause in Contracts

Nonassignability Binding Agreement. This Agreement and any and all rights, duties, obligations or interests hereunder shall not be assignable or delegable by the Executive. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, any successors to or assigns of the Company and the Executive's heirs and the personal representatives of the Executive's estate.

Appears in 2 contracts

Samples: Employment Agreement (Merisel Inc /De/), Employment Agreement (Merisel Inc /De/)

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Nonassignability Binding Agreement. This (a) By the Executive. Neither this Agreement and nor any and or all of the rights, duties, obligations or interests hereunder shall not be assignable or delegable by the Executive. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, any successors to or assigns of the Company and the Executive's heirs and the personal representatives of the Executive's estate.

Appears in 1 contract

Samples: Employment Agreement

Nonassignability Binding Agreement. This (a) By the Executive. Neither this Agreement and nor any and all rightsright, dutiesduty, obligations obligation or interests interest hereunder shall not be assignable or delegable by the Executive. This Agreement Executive without the Company's prior written consent; provided, however, that nothing in this paragraph shall be binding uponpreclude the Executive from designating any of his beneficiaries to receive any benefits payable hereunder upon his death, and inure or his executors, administrators, or their legal representatives, from assigning any rights hereunder to the benefit of, the parties hereto, any successors to person or assigns of the Company and the Executive's heirs and the personal representatives of the Executive's estatepersons entitled thereto.

Appears in 1 contract

Samples: Employment Agreement (Bridgeport Machines Inc)

Nonassignability Binding Agreement. (a)By the Executive. This Agreement and any and all rights, duties, obligations or interests hereunder shall not be assignable or delegable by the Executive. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, any successors to or assigns of the Company and the Executive's heirs and the personal representatives of the Executive's estate.

Appears in 1 contract

Samples: Amended and Restated (American Axle & Manufacturing Holdings Inc)

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Nonassignability Binding Agreement. (a) By the Executive. This Agreement and any and all rights, duties, obligations or interests hereunder shall not be assignable or delegable by the Executive. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, any successors to or assigns of the Company and the Executive's heirs and the personal representatives of the Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (Jetblue Airways Corp)

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