Successors Clause Example with 387 Variations from Business Contracts

Successors. (a) The Company's Successors. Any successor This Agreement is personal to the Executive and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. (c) The Company will require any su...ccessor (whether direct or indirect and whether indirect, by purchase, merger, consolidation, liquidation consolidation or otherwise) to all or substantially all of the Company's business and/or assets shall of the Company to assume the obligations under this Agreement expressly and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as that the Company would be required to perform it if no such obligations succession had taken place. The Company shall provide written evidence to the Executive to document compliance with the foregoing sentence within ten (10) business days of the Effective Date. As used in the absence of a succession. For all purposes under this Agreement, the term "Company" shall include mean the Company as hereinbefore defined and any successor to the Company's its business and/or assets as aforesaid which executes assumes and delivers the assumption agreement described in this Section 7(a) or which becomes bound by the terms of agrees to perform this Agreement by operation of law. (b) Executive's Successors. The law, or otherwise. In addition, the Executive shall be entitled, upon exercise of any outstanding stock options or stock appreciation rights of the Company, to receive in lieu of shares of the Company's stock, shares of such stock or other securities of such successor as the holders of shares of the Company's stock received pursuant to the terms of this Agreement and all rights of Executive hereunder shall inure to the benefit of, and be enforceable by, Executive's personal merger, consolidation or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. sale. View More

Successors. (a) The Company's Successors. Any successor This Agreement is personal to the Executive and, without the prior written consent of the Company, sha11 not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives. This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. The Company shall require any success...or (whether direct or indirect and whether indirect, by purchase, merger, consolidation, liquidation consolidation or otherwise) to all or substantially all of the Company's business and/or assets shall of the Company expressly to assume the obligations under this Agreement and agree expressly to 1o perform the obligations under this Agreement in the same manner and to the same extent as that the Company would be have been required to perform it if no such obligations succession had taken place. As used in the absence of a succession. For all purposes under this Agreement, the term "Company" shall include mean both the Company as defined above and any such successor that assumes and agrees to the Company's business and/or assets which executes and delivers the assumption agreement described in perform this Section 7(a) or which becomes bound by the terms of this Agreement Agreement, by operation of law. (b) Executive's Successors. The terms of this Agreement and all rights of Executive hereunder shall inure to the benefit of, and be enforceable by, Executive's personal law or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. otherwise. View More

Successors. (a) The Company's Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company's business and/or assets shall will assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all purpo...ses under this Agreement, the term "Company" shall will include any successor to the Company's business and/or assets which executes and delivers the assumption agreement described in this Section 7(a) 13(a) or which becomes bound by the terms of this Agreement by operation of law. (b) Executive's Successors. The terms of this Agreement and all rights of Executive hereunder shall will inure to the benefit of, and be enforceable by, Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 10 14. Notices. (a) General. Notices and all other communications contemplated by this Agreement will be in writing and will be deemed to have been duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid or when delivered by a private courier service such as UPS, DHL or Federal Express that has tracking capability. In the case of Executive, mailed notices will be addressed to him at the home address which he most recently communicated to the Company in writing. In the case of the Company, mailed notices will be addressed to its corporate headquarters, and all notices will be directed to the Chief Executive Officer of the Company. (b) Notice of Termination. Any termination by the Company for Cause or by Executive for Good Reason or as a result of a voluntary resignation will be communicated by a notice of termination to the other party hereto given in accordance with Section 14(a) of this Agreement. Such notice will indicate the specific termination provision in this Agreement relied upon, will set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and will specify the termination date (which will be not more than thirty (30) days after the giving of such notice). The failure by Executive to include in the notice any fact or circumstance which contributes to a showing of Good Reason will not waive any right of Executive hereunder or preclude Executive from asserting such fact or circumstance in enforcing Executive's rights hereunder. View More

Successors. (a) The Company's Company Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company's business and/or assets shall assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all pu...rposes under this Agreement, the term "Company" shall will include any such successor to the Company's business and/or assets which executes and delivers the assumption agreement described in this Section 7(a) or which becomes bound by the terms of this Agreement by operation of law. assets. (b) Executive's Successors. The terms of this Agreement and all rights of Executive hereunder shall will inure to the benefit of, and be enforceable by, Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 8 9. Notice. (a) General. Notices and all other communications contemplated by this Agreement will be in writing and will be deemed to have been duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In the case of Executive, mailed notices will be addressed to him at the home address which he most recently communicated to the Company in writing. In the case of the Company, mailed notices will be addressed to its corporate headquarters, and all notices will be directed to the attention of the Company's Secretary (or, if Executive is the Company's Secretary, any other executive officer of the Company). (b) Notice of Termination. Any termination by the Company for Cause or by Executive for Good Reason or as a result of a voluntary resignation will be communicated by a notice of termination to the other party hereto given in accordance with Section 9(a) of this Agreement. Such notice will indicate the specific termination provision in this Agreement relied upon, will set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and will specify the termination date. View More

Successors. (a) The Company's Company Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company's business and/or assets shall assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all pu...rposes under this Agreement, the term "Company" shall will include any such successor to the Company's business and/or assets which executes and delivers the assumption agreement described in this Section 7(a) or which becomes bound by the terms of this Agreement by operation of law. assets. (b) Executive's Successors. The terms of this Agreement and all rights of Executive hereunder shall will inure to the benefit of, and be enforceable by, Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 7 8. Notice. (a) General. Notices and all other communications contemplated by this Agreement will be in writing and will be deemed to have been duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In the case of Executive, mailed notices will be addressed to him at the home address which he most recently communicated to the Company in writing. In the case of the Company, mailed notices will be addressed to its corporate headquarters, and all notices will be directed to the attention of the Company's Secretary (or, if Executive is the Company's Secretary, any other executive officer of the Company). (b) Notice of Termination. Any termination by the Company for Cause or by Executive for Good Reason or as a result of a voluntary resignation will be communicated by a notice of termination to the other party hereto given in accordance with Section 8(a) of this Agreement. Such notice will indicate the specific termination provision in this Agreement relied upon, will set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and will specify the termination date. View More

Successors. (a) The Company's Successors. Any successor This Agreement is personal to the Executive and shall not be assignable by the Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives, including the Executive's executor, trustee or administrator. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. (c) The Company will require any successor (whether direct or indirect and whether in...direct, by purchase, merger, consolidation, liquidation consolidation or otherwise) to all or substantially all of the Company's business and/or assets shall of the Company to assume the obligations under this Agreement expressly and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all purposes under this Agreement, the term "Company" shall include any successor to the Company's business and/or assets which executes and delivers the assumption agreement described in this Section 7(a) or which becomes bound by the terms of this Agreement by operation of law. (b) Executive's Successors. The terms of this Agreement and all rights of Executive hereunder shall inure to the benefit of, and be enforceable by, Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. Agreement. View More

Successors. (a) The Company's Successors. Any This Agreement shall be binding upon any successor to the Company (whether direct or indirect and whether by purchase, lease, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company's business and/or assets shall assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in... the absence of a succession. assets. For all purposes under this Agreement, the term "Company" shall include any successor to the Company's business and/or or assets which executes and delivers the assumption agreement described in this Section 7(a) or which that becomes bound by the terms of this Agreement by operation of law. Agreement. (b) Executive's Your Successors. The terms of this Agreement This Agreement, and all of your rights of Executive hereunder hereunder, shall inure to the benefit of, and be enforceable by, Executive's your personal or legal representatives, executors, executors. administrators, successors, heirs, distributees, devisees and legatees. View More

Successors. (a) The Company's Successors. Any successor This Agreement is personal to the Employee and without the prior written consent of the Company shall not be assignable by the Employee otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Employee's legal representatives. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. (c) The Company shall require any succ...essor (whether direct or indirect and whether indirect, by purchase, merger, consolidation, liquidation consolidation or otherwise) to all or substantially all of the Company's business and/or assets shall of the Company to assume the obligations under this Agreement expressly and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as that the Company would be required to perform it if no such obligations succession had taken place. As used in the absence of a succession. For all purposes under this Agreement, the term "Company" shall include mean the Company as hereinbefore defined and any successor to the Company's its business and/or assets as aforesaid which executes assumes and delivers the assumption agreement described in this Section 7(a) or which becomes bound by the terms of agrees to perform this Agreement by operation of law. (b) Executive's Successors. The terms of this Agreement and all rights of Executive hereunder shall inure to the benefit of, and be enforceable by, Executive's personal law, or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. otherwise. View More

Successors. (a) The Company's Company Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company's business and/or assets shall will assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For a...ll purposes under this Agreement, the term "Company" shall will include any successor to the Company's business and/or assets which executes and delivers the assumption agreement described in this Section 7(a) or which becomes bound by the terms of this Agreement by operation of law. (b) Executive's Successors. The terms of this Agreement and all rights of Executive hereunder shall will inure to the benefit of, and be enforceable by, Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 8. Notice. (a) General. Notices and all other communications contemplated by this Agreement will be in writing and will be deemed to have been duly given when personally delivered or when mailed via Federal Express or similar overnight courier service or by U.S. registered or certified mail, return receipt requested and postage prepaid. In the case of Executive, mailed notices will be addressed to him or her at the home address which he or she most recently communicated to the Company in writing. In the case of the Company, mailed notices will be addressed to its corporate headquarters, and all notices will be directed to the attention of its President. (b) Notice of Termination. Any termination by the Company for Cause or by Executive for Good Reason or as a result of a voluntary resignation will be communicated by a notice of termination to the other party hereto given in accordance with Section 8(a) of this Agreement. Such notice will indicate the specific termination provision in this Agreement relied upon, will set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and will specify the termination date. The failure by Executive to include in the notice any fact or circumstance which contributes to a showing of Good Reason will not waive any right of Executive hereunder or preclude Executive from asserting such fact or circumstance in enforcing his or her rights hereunder. View More

Successors. (a) The Company's Successors. Any successor This Agreement is personal to the Advisor and without the prior written consent of the Company shall not be assignable by the Advisor otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Advisor's legal representatives. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. (c) The Company will require any successo...r (whether direct or indirect and whether indirect, by purchase, merger, consolidation, liquidation consolidation or otherwise) to all or substantially all of the Company's business and/or assets shall of the Company to expressly assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as that the Company would be required to perform it if no such obligations succession had taken place. As used in the absence of a succession. For all purposes under this Agreement, the term "Company" shall include mean the Company as hereinbefore defined and any successor to the Company's its business and/or assets which executes assumes and delivers the assumption agreement described in this Section 7(a) or which becomes bound by the terms of agrees to perform this Agreement by operation of law. (b) Executive's Successors. The terms of this Agreement and all rights of Executive hereunder shall inure to the benefit of, and be enforceable by, Executive's personal law or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. otherwise. View More