Successors Binding Agreement Clause Example with 4 Variations from Business Contracts

This page contains Successors Binding Agreement clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Successors Binding Agreement. This Agreement shall be binding upon and shall inure to the benefit of the Company, its Successors and Assigns and the Company shall require any Successors and Assigns to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession or assignment had taken place. Neither this Agreement nor any right or interest hereunder shall be assignable or transferable by the Executive or the Executive's b...eneficiaries or legal representatives, except by will or by the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal personal representative. View More
Found in Corning Inc. contract

Variations of a "Successors Binding Agreement" Clause from Business Contracts

Successors Binding Agreement. 6.1 This Agreement shall be binding upon and shall inure to the benefit of the Company, its Successors successors and Assigns and assigns and, at the time of any such succession or assignment, the Company shall require any Successors and Assigns successor or assign to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession or assignment had taken place. The term the "Company" as used her...ein shall include such successors and assigns. The term "successors and assigns" as used herein shall mean a corporation or other entity acquiring ownership, directly or indirectly, of all or substantially all the assets and business of the Company (including this Agreement) whether by operation of law or otherwise. 6.2 Neither this Agreement nor any right or interest hereunder shall be assignable or transferable by the Executive or the Executive's Executive, his beneficiaries or legal representatives, except by will or by the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal personal representative. View More
Found in LAPOLLA INDUSTRIES INC contract
Successors Binding Agreement. 13.1. This Agreement shall be binding upon and shall inure to the benefit of the Company, Company and its Successors and Assigns Assigns, and the Company shall require any Successors and Assigns to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession or assignment had taken place. 13.2. Neither this Agreement nor any right or interest hereunder shall be assignable or transferable by t...he Executive Officer or the Executive's Executive Officer's beneficiaries or legal representatives, except by will or by the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's Executive Officer's legal personal representative. View More
Found in Akorn contract
Successors Binding Agreement. (a) This Agreement shall be binding upon and shall inure to the benefit of the Company, its Employer, the Corporation and their respective Successors and Assigns Assigns. The Employer and the Company Corporation shall require any their respective Successors and Assigns to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company Employer and/or the Corporation would be required to perform it if no such succession or assignment had taken place.... (b) Neither this Agreement nor any right or interest hereunder shall be assignable or transferable by the Executive or the Executive's beneficiaries or legal representatives, except by will or by the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal personal representative. View More
Found in Community Health Systems, Inc. contract
Successors Binding Agreement. (a) This Agreement shall be binding upon and shall inure to the benefit of the Company, and its Successors successors and Assigns assigns, and the Company shall require any Successors successors and Assigns assigns to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession or assignment had taken place. (b) Neither this Agreement nor any right or interest hereunder shall be assignable or... transferable by the Executive or the Executive's Executive, his beneficiaries or legal representatives, except by will or by the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal personal representative. View More
Found in Hologic contract