Common use of Parties; Assignment Clause in Contracts

Parties; Assignment. Nothing in this Agreement, expressed or implied, is intended to confer or does confer on any person (including security holders, employees or creditors of the Company or any Target or investors or prospective investors in the Offering) other than the parties hereto and their respective successors and assigns and, to the extent expressly set forth herein, the Indemnified Persons (as defined on Schedule A hereto) (which Indemnified Persons shall be subject to the same limitations and waivers as the Company under Section 21 hereof), any rights or remedies under or by reason of this Agreement or as a result of the services to be rendered by LifeSci hereunder. This Agreement will not be assignable or transferable by either party without the prior written consent of the other, and any purported assignment or transfer without such consent shall be null and void ab initio and of no effect; provided, that LifeSci may, without such consent, (i) to the extent it deems appropriate, render the services hereunder through one or more of its affiliates or assign any or all of its rights or obligations hereunder to an affiliate or (ii) assign all of its rights and obligations under this Agreement to an acquirer of all or substantially all of the assets of LifeSci and its subsidiaries taken as a whole, or of all or substantially all of the business unit relating to the services provided under this Agreement. Subject to the foregoing, this Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns.