NONASSIGNMENT. This Agreement is personal to Employee and shall not be assigned by him. Employee shall not delegate, encumber, alienate, transfer or otherwise dispose of his rights and duties hereunder. STURGIS may assign this Agreement without Employee's consent to any other entity who, in connection with such assignment, acquires all or substantially all of STURGIS' assets or into or with which STURGIS is merged or consolidated.
Appears in 10 contracts
Sources: Employment Agreement (Sturgis Bancorp Inc), Employment Agreement (Sturgis Bancorp Inc), Employment Agreement (Sturgis Bancorp Inc)
NONASSIGNMENT. This Agreement is personal to Employee and shall not be assigned by him. Employee shall not delegate, encumber, alienate, transfer or otherwise dispose of his rights and duties hereunder. STURGIS may assign this Agreement without Employee's βs consent to any other entity who, in connection with such assignment, acquires all or substantially all of STURGIS' β assets or into or with which STURGIS is merged or consolidated.
Appears in 7 contracts
Sources: Employment Agreement (Sturgis Bancorp Inc), Employment Agreement (Sturgis Bancorp Inc), Employment Agreement (Sturgis Bancorp Inc)