Successor Obligations. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume by written agreement and to agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.
Appears in 15 contracts
Samples: Executive Employment Agreement (Paradigm Holdings, Inc), Executive Employment Agreement (Homeland Security Capital CORP), Employment Agreement (Paradigm Holdings, Inc)
Successor Obligations. The Company shall will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly assume by written agreement and to agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, or otherwise.
Appears in 7 contracts
Samples: Retirement Agreement (DMC Global Inc.), Separation Agreement (El Paso Electric Co /Tx/), Performance Share Agreement (PDC Energy, Inc.)
Successor Obligations. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or or assets of the Company Company, by agreement in form and substance satisfactory to the Employee expressly to assume by written agreement and to agree to perform all obligations of this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken placeAgreement.
Appears in 5 contracts
Samples: Amended and Restated Severance Agreement (Community Partners Bancorp), Severance Agreement (Community Partners Bancorp), Severance Agreement (Community Partners Bancorp)
Successor Obligations. The Company shall will require any successor (whether direct or indirect, by purchase, merger, consolidation consolidation, or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly assume by written agreement and to agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it this Agreement if no such succession had taken place. As used in this Agreement, "Company" includes both the Company as defined above and any such successor to the Company's business and/or assets which assumes and agrees to perform this Agreement by operation of law or otherwise.
Appears in 2 contracts
Samples: Separation Agreement (CSG Systems International Inc), Separation Agreement (CSG Systems International Inc)
Successor Obligations. The Company shall will require any successor (whether direct or indirect, by purchase, merger, consolidation consolidation, or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly assume by written agreement and to agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it this Agreement if no such succession had taken place. As used in this Agreement, “Company” includes both the Company as defined above and any such successor to the Company's business and/or assets which assumes and agrees to perform this Agreement by operation of law or otherwise.
Appears in 1 contract
Samples: Separation Agreement (CSG Systems International Inc)
