Successors; Binding Agreement, Assignment. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business of the Company, by agreement to expressly, absolutely and unconditionally assume and 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, “
Appears in 10 contracts
Samples: Continuity Agreement (Weight Watchers International Inc), Change in Control Severance Protection Agreement (Hovnanian Enterprises Inc), Continuity Agreement (Weight Watchers International Inc)
Successors; Binding Agreement, Assignment. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business of the Company, by agreement to expressly, absolutely and unconditionally assume and 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, “"
Appears in 2 contracts
Samples: Continuity Agreement (American Axle & Manufacturing Holdings Inc), Continuity Agreement (American Axle & Manufacturing Holdings Inc)
Successors; Binding Agreement, Assignment. (ai) 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, by agreement in form and substance satisfactory to expresslyEmployee, absolutely and unconditionally to expressly assume and 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, “
Appears in 2 contracts
Samples: Severance Pay Agreement (Diametrics Medical Inc), Severance Pay Agreement (Diametrics Medical Inc)
Successors; Binding Agreement, Assignment. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business of the Company, by agreement to expressly, absolutely and unconditionally assume and 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, “,
Appears in 1 contract
Samples: Form of Continuity Agreement (Weight Watchers International Inc)
Successors; Binding Agreement, Assignment. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business of the Company, by agreement to expressly, absolutely and unconditionally assume and 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 Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a material breach of this Agreement, “Agreement and shall entitle the Executive to
Appears in 1 contract
Samples: Continuity Agreement (Aquarion Co)
Successors; Binding Agreement, Assignment. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business of the Company, by agreement to expressly, absolutely and unconditionally assume and 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 Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a material breach of this Agreement, “Agreement and shall entitle the Executive to terminate the Executive's employment with the
Appears in 1 contract
Successors; Binding Agreement, Assignment. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business of the Company, by agreement to expressly, absolutely and unconditionally assume and 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, “the
Appears in 1 contract
Successors; Binding Agreement, Assignment. (a) The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business of the Company, by agreement to expressly, absolutely and unconditionally assume and 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, “to
Appears in 1 contract
