Common use of Successors or Assigns Clause in Contracts

Successors or Assigns. This Agreement and the rights and obligations of the parties hereto shall bind and inure to the benefit of any successor or successors of Holdings by way of reorganization, merger or consolidation and any assignee of all or substantially all of its business assets, but except as to any such successor or assignee of Holdings, neither this Agreement nor any rights or benefits hereunder may be assigned by Holdings or the Executive. Notwithstanding the foregoing, in the event of the death of the Executive all rights to receive payments hereunder shall become rights of the Executive’s estate.

Appears in 10 contracts

Samples: Employment Agreement (Trustwave Holdings, Inc.), Employment Agreement (Trustwave Holdings, Inc.), Employment Agreement (Trustwave Holdings, Inc.)

AutoNDA by SimpleDocs

Successors or Assigns. This Agreement and the rights and obligations of the parties hereto shall bind and inure to the benefit of any successor or successors of Holdings the Company by way of reorganization, merger or consolidation and any assignee of all or substantially all of its business assets, but except as to any such successor or assignee of Holdingsthe Company, neither this Agreement nor any rights or benefits hereunder may be assigned by Holdings the Company or the ExecutiveEmployee. Notwithstanding the foregoingHowever, in the event of the death of the Executive Employee all rights to receive payments hereunder shall become rights of the Executive’s Employee's estate.

Appears in 5 contracts

Samples: Employment Agreement (Am Communications Inc), Employment Agreement (Am Communications Inc), Employment Agreement (Am Communications Inc)

Successors or Assigns. This Agreement and the rights and obligations of the parties hereto shall bind and inure to the benefit of any successor or successors of Holdings the Company by way of reorganization, merger merger, consolidation or consolidation similar event and any assignee of all or substantially all of its business assets, but except as to any such successor or assignee of Holdingsthe Company, neither this Agreement nor any rights or benefits hereunder may be assigned by Holdings the Company or the Executive. Notwithstanding the foregoing, in the event of the death of the Executive all rights to receive payments hereunder shall become rights of the Executive’s 's estate.

Appears in 4 contracts

Samples: Employment Agreement (Patron Systems Inc), Senior Executive Employment Agreement (Patron Systems Inc), Employment Agreement (Patron Systems Inc)

Successors or Assigns. This Agreement and the rights and obligations of the parties hereto shall bind and inure to the benefit of any successor or successors of Holdings the Company by way of reorganization, merger or consolidation and any assignee of all or substantially all of its business assets, but except as to any such successor or assignee of Holdingsthe Company, neither this Agreement nor any rights or benefits hereunder may be assigned by Holdings the Company or the ExecutiveEmployee. Notwithstanding the foregoingHowever, in the event of the death of the Executive Employee all rights to receive payments hereunder shall become rights of the Executive’s Employee's estate.

Appears in 2 contracts

Samples: Employment Agreement (Busybox Com Inc), Employment Agreement (Busybox Com Inc)

AutoNDA by SimpleDocs

Successors or Assigns. This Agreement and the rights and obligations of the parties hereto shall bind and inure to the benefit of any successor or successors of Holdings the Company by way of reorganization, merger or consolidation and any assignee of all or substantially all of its business assets, but except as to any such successor or assignee of Holdingsthe Company or except as may be otherwise agreed by the parties in writing, neither this Agreement nor any rights or benefits hereunder may be assigned by Holdings the Company or the Executive. Notwithstanding the foregoing, in the event of the death of the Executive all rights to receive payments hereunder shall become rights of the Executive’s estate.

Appears in 1 contract

Samples: Employment Agreement (NUCRYST Pharmaceuticals Corp.)

Successors or Assigns. This Agreement and the rights and obligations of the parties hereto shall bind and inure to the benefit of any successor or successors of Holdings the Company and its affiliates by way of reorganization, merger or consolidation and any assignee of all or substantially all of its business assets, but except as to any such successor or assignee of Holdingsthe Company, neither this Agreement nor any rights or benefits hereunder may be assigned by Holdings the Company or the Executive. Notwithstanding the foregoing, in the event of the death of the Executive all rights to receive payments hereunder shall become rights of the Executive’s estate.

Appears in 1 contract

Samples: Employment Agreement (NUCRYST Pharmaceuticals Corp.)

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