Common use of Assignment by Executive Clause in Contracts

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 15 contracts

Samples: Employment Agreement (Circuit City Stores Inc), Employment Agreement (Circuit City Stores Inc), Employment Agreement (Circuit City Stores Inc)

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Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's ’s duties may not be assigned by the Executive; provided, however, that this Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, in the absence of such designee, to the Executive's ’s estate.

Appears in 10 contracts

Samples: Employment Agreement (Carmax Inc), Employment Agreement (Circuit City Stores Inc), Employment Agreement (Circuit City Stores Inc)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 8 contracts

Samples: Employment Agreement (Boatmens Bancshares Inc /Mo), Employment Agreement (Ryland Group Inc), Employment Agreement (Amsouth Bancorporation)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estateestate or trust.

Appears in 6 contracts

Samples: Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.), Employment Agreement (Universal Technology Systems Corp.)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's ’s duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate’s estate or trust.

Appears in 5 contracts

Samples: Employment Agreement (NanoFlex Power Corp), Employment Agreement (NanoFlex Power Corp), Employment Agreement (China Hydroelectric Corp)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, devisees and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 3 contracts

Samples: Employment Agreement (Marsh Supermarkets Inc), Employment Agreement (Marsh Supermarkets Inc), Employment Agreement (Marsh Supermarkets Inc)

Assignment by Executive. The services to be provided by the Executive to the Company Bank hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 2 contracts

Samples: Employment Agreement (North Georgia Community Financial Partners Inc), Employment Agreement (North Georgia Community Financial Partne)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, devisees and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, herein shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 2 contracts

Samples: Employment Agreement (Marsh Supermarkets Inc), Employment Agreement (Marsh Supermarkets Inc)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's ’s duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, and administrators, successors, heirs, distributeesdistributes, deviseesdevices, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, in the absence of such designee, to the Executive's ’s estate.

Appears in 2 contracts

Samples: Employment Agreement (Charming Shoppes Inc), Employment Agreement (Charming Shoppes Inc)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, Company and the Executive's duties may not be assigned by the Executive; provided, however, that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (Carmax Inc)

Assignment by Executive. The services to be provided by the Executive to the Company and the Bank hereunder are personal to the Executive, and the Executive's his duties may not be assigned by the Executive; provided, however, that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (Federal Trust Corp)

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Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's ’s duties may not be assigned by the Executive; provided, however, that this Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, devisees and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, in the absence of such designee, to the Executive's ’s estate.

Appears in 1 contract

Samples: Employment Agreement (Marsh Supermarkets Inc)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributeesdistributes, deviseesdevices, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (Charming Shoppes Inc)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, devisees and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (Marsh Supermarkets Inc)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's ’s duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, in the absence of such designee, to the Executive's ’s estate.

Appears in 1 contract

Samples: Employment Agreement (Bank of America Corp /De/)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's ’s duties may not be assigned by the Executive; Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, in the absence of such designee, to the Executive's estate’s estate or trust.

Appears in 1 contract

Samples: Employment Agreement (NanoFlex Power Corp)

Assignment by Executive. The services to be provided by the ------------------------ Executive to the Company hereunder are personal to the Executive, and the Executive's duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, devisees and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, legatee or other designee or, in the absence of such designee, to the Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (United Security Bancshares Inc)

Assignment by Executive. The services to be provided by the Executive to the Company hereunder are personal to the Executive, and the Executive's ’s duties may not be assigned by the Executive; provided, however, however that this Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, and administrators, successors, heirs, distributees, devisees, devisees and legatees. If the Executive dies while any amounts payable to the Executive hereunder remain outstanding, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, legatee or other designee or, in the absence of such designee, to the Executive's ’s estate.

Appears in 1 contract

Samples: Employment Agreement (United Security Bancshares Inc)

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