Common use of Merger or Acquisition Clause in Contracts

Merger or Acquisition. In the event the Company should consolidate, or merge into another corporation, or transfer all or substantially all of its assets to another entity, or divide its assets among a number of entities, this Agreement shall continue in full force and effect. The Company will require any and all successors (whether direct or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree pursuant to an

Appears in 7 contracts

Samples: Employment Agreement (DXP Enterprises Inc), Employment Agreement (DXP Enterprises Inc), Employment Agreement (Index Inc)

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Merger or Acquisition. In the event the Company should consolidateconsolidate with, or merge into another corporation, or transfer all or substantially all of its assets to another entity, or divide its assets among a number of entities, this Agreement shall continue in full force and effect. The Company will require any effect and all successors (whether direct be binding upon the Company's successor or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree pursuant to antransferee.

Appears in 3 contracts

Samples: Employment Agreement (Itc Learning Corp), Itc Learning Corporation Employment Agreement (Itc Learning Corp), Employment Agreement (Itc Learning Corp)

Merger or Acquisition. In the event the Company should consolidate--------------------- consolidate with, or merge into another corporation, or transfer all or substantially all of its assets to another entity, or divide its assets among a number of entities, this Agreement shall continue in full force and effect. The Company will require any effect and all successors (whether direct be binding upon the Company's successor or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree pursuant to antransferee.

Appears in 3 contracts

Samples: Employment Agreement (Industrial Training Corp), Employment Agreement (Industrial Training Corp), Employment Agreement (Industrial Training Corp)

Merger or Acquisition. In the event the Company should consolidateconsolidate --------------------- with, or merge into another corporation, or transfer all or substantially all of its assets to another entity, or divide its assets among a number of entities, this Agreement shall continue in full force and effect. The Company will require any effect and all successors (whether direct be binding upon the Company's successor or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree pursuant to antransferee.

Appears in 2 contracts

Samples: Employment Agreement (Industrial Training Corp), Separation Agreement (Industrial Training Corp)

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Merger or Acquisition. In the event the Company should consolidateconsolidate with, or --------------------- merge into another corporation, or transfer all or substantially all of its assets to another entity, or divide its assets among a number of entities, this Agreement shall continue in full force and effect. The Company will require any effect and all successors (whether direct be binding upon the Company's successor or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree pursuant to antransferee.

Appears in 1 contract

Samples: Employment Agreement (Industrial Training Corp)

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