Common use of Successors and Assignment Clause in Contracts

Successors and Assignment. This Agreement shall (a) be binding upon and inure to the benefit of all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation of law), and (b) be binding on and shall inure to the benefit of the heirs, personal representatives, executors and administrators of the Independent Director. The Independent Director has no power to assign this Agreement or any rights and obligations hereunder.

Appears in 95 contracts

Samples: Independent Director Agreement (E I L Holdings LTD), Independent Director Agreement (Roan Holdings Group Co., Ltd.), Independent Director Agreement (Agape ATP Corp)

AutoNDA by SimpleDocs

Successors and Assignment. This Agreement shall (a) be binding upon and inure to the benefit of all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation of law), and (b) be binding on and shall inure to the benefit of the heirs, personal representatives, executors and administrators of the Independent Director. The Independent Director has no power to assign this Agreement or any rights and obligations hereunder.

Appears in 9 contracts

Samples: Director Agreement (FAB Universal Corp.), Director Agreement (Geltology Inc), Director Agreement (Geltology Inc)

Successors and Assignment. This Agreement shall (a) be binding upon and inure to the benefit of all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation of law), and (b) be binding on and shall inure to the benefit of the heirs, personal representatives, executors and administrators of the Independent Director. The Independent Director has no not power to assign this Agreement or any rights and obligations hereunder.

Appears in 5 contracts

Samples: Independent Director Agreement (American Oriental Bioengineering Inc), Independent Director Agreement (American Oriental Bioengineering Inc), Independent Director Agreement (American Oriental Bioengineering Inc)

Successors and Assignment. This Agreement shall (a) be binding upon and inure to the benefit of all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation of law), and (b) be binding on and shall inure to the benefit of the heirs, personal representatives, executors and administrators of the Independent Director. The Independent Director has no power to assign this Agreement or any rights and obligations hereunder. 18.

Appears in 3 contracts

Samples: Independent Director Agreement (Phoenix Motor Inc.), Independent Director Agreement, Director Agreement

AutoNDA by SimpleDocs

Successors and Assignment. This Agreement shall (a) be binding upon and inure to the benefit of all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock share and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation of law), and (b) be binding on and shall inure to the benefit of the heirs, personal representatives, executors and administrators of the Independent Director. The Independent Director has no power to assign this Agreement or any rights and obligations hereunder.

Appears in 1 contract

Samples: Independent Director Agreement (Orangekloud Technology Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.