Successors and Assigns Clause Example from Business Contracts

This example Successors and Assigns clause appears in 2 contracts from 1 company

Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon any corporate or other successor of the Bank which shall acquire, directly or indirectly, by merger, consolidation, purchase or otherwise, all or substantially all of the assets or stock of the Bank. Since the Bank is contracting for the unique and personal skills of Executive, Executive shall not assign or delegate his rights or duties under this Agreement without first obtaining the written consent of the Bank.
Found in CBM BANCORP, INC. contract
CBM BANCORP, INC. Contracts

Employment Agreement, as amended and restated, dated as of September 30, 2020, by and between Chesapeake Bank of Maryland and William J. Bocek, Jr (Filed With SEC on September 22, 2020)

Employment Agreement, as amended and restated, dated as of September 30, 2020, by and between Chesapeake Bank of Maryland and Joseph M. Solomon (Filed With SEC on September 22, 2020)