Successors Clause Example with 387 Variations from Business Contracts

Successors. (a) The Company's Successors. Any 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. As used in this Agreement, "Company" shall mean the Company as hereinbefore defined and any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of t...he Company's its business and/or assets shall assume the obligations under this Agreement as aforesaid which assumes and agree expressly agrees 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 law, or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. otherwise. View More

Successors. (a) The Company's Successors. Any successor This Agreement is personal to Executive and without the prior written consent of the Company shall not be assignable by Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the Company (whether direct or indirect benefit of and whether be enforceable by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company's business and/or assets Executive's legal repres...entatives. This Agreement shall assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and inure to the same extent as benefit of and be binding upon the Company would be required to perform such obligations and their respective successors and assigns. As used in the absence of a succession. For all purposes under this Agreement, the term "Parent" and "Company" shall include mean Parent and the Company as hereinbefore defined and any successor to the Company's business their respective businesses 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 Successors. This Agreement shall be personal to Employee, and no rights or obligations of Employee under this Agreement may be assigned or delegated by Employee to any person. Any successor assignment or attempted assignment by Employee in violation of the preceding sentence shall be null and void. Subject to the foregoing, this Agreement shall be binding upon, inure to the benefit of, and be enforceable by and against the heirs, personal representatives, successors, and assign...s of each Party. The Company shall require any successor (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 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 as aforesaid that 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 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 be bound by the obligations under this Agreement and agree expressly to shall 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 The Employee's Successors. The terms of this Agreement and all rights of Executive the Employee hereunder shall inure to the benefit of, and be enforceable by, Executive's the Employee's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 9 8. Notice. (a) General. All notices and other communications required or permitted hereunder shall be in writing, shall be effective when given, and shall in any event be deemed to be given upon receipt or, if earlier, (a) five (5) days after deposit with the U.S. Postal Service or other applicable postal service, if delivered by first class mail, postage prepaid, (b) upon delivery, if delivered by hand, or (c) one (1) business day after the business day of deposit with Federal Express or similar overnight courier, freight prepaid, and shall be addressed (i) if to Employee, at his or her last known residential address and (ii) if to the Company, at the address of its principal corporate offices (attention: Corporate Secretary), or in any such case at such other address as a party may designate by ten (10) days' advance written notice to the other party pursuant to the provisions above. (b) Notice of Termination. Any termination by the Company or by the Employee shall be communicated by a notice of termination to the other party hereto given in accordance with Section 8(a) of this Agreement. Such notice shall indicate the specific termination provision in this Agreement relied upon, shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and shall specify the termination date (which shall be not more than thirty (30) days after the giving of such notice). The failure by the Employee to include in the notice any fact or circumstance which contributes to a showing of Good Reason shall not waive any right of the Employee hereunder or preclude the Employee from asserting such fact or circumstance in enforcing his or her rights hereunder. View More

Successors. (a) The Company's Successors. Any successor to the Company of all or substantially all of the Company's business and/or assets (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 the Plan and agree expressly to perform the obligations under this Agreement the Plan 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 Plan, 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 become bound by the terms of this Agreement the Plan by operation of law. (b) Executive's Successors. law, or otherwise. 8 19. Applicable Law. The terms provisions of this Agreement the Plan will be construed, administered and all rights enforced in accordance with ERISA. To the extent ERISA is not applicable, the provisions of Executive hereunder shall inure the Plan will be governed by the internal substantive laws of the State of Delaware, and construed accordingly, without giving effect to the benefit of, and be enforceable by, Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. principles of conflicts of laws. 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 assume the obligations under this Agreement and agree expressly to perform the obligations under be bound by 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. Compan...y. 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. assets. (b) Executive's Successors. The terms of this Agreement and all All rights of the Executive hereunder shall inure to the benefit of, and be enforceable by, the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. The Executive shall have no right to assign any of his or his obligations or duties under this Agreement to any other person or entity. 3 8. Notice. (a) General. Notices and all other communications contemplated by this Agreement shall be in writing and shall 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 the Executive, mailed notices shall be addressed to the Executive at the home address which he most recently communicated to the Company in writing. In the case of the Company, mailed notices shall be addressed to its corporate headquarters, and all notices shall be directed to the attention of its Secretary. (b) Notice of Termination. Any termination by the Company Group or the Executive of their employment relationship shall be communicated by a written notice of termination to the other party. 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 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 purposes u...nder 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 Employee's Successors. The terms of this Agreement and all rights of Executive the Employee hereunder shall inure to the benefit of, and be enforceable by, Executive's the Employee's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 4 8. Notice. (a) General. Notices and all other communications contemplated by this Agreement shall be in writing and shall 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 the Employee, mailed notices shall 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 shall be addressed to its corporate headquarters, and all notices directed shall be to the attention of its Secretary. (b) Notice of Termination. Any termination by the Company for Cause or by the Employee as a result of a voluntary resignation or an Involuntary Termination shall be communicated by a notice of termination to the other party hereto given in accordance with Section 8(a) of this Agreement. Such notice shall indicate the specific termination provision in this Agreement relied upon, shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and shall specify the termination date (which shall be not more than 30 days after the giving of such notice). The failure by the Employee to include in the notice any fact or circumstance which contributes to a showing of Involuntary Termination shall not waive any right of the Employee hereunder or preclude the Employee from asserting such fact or circumstance in enforcing his rights hereunder. View More

Successors. (a) The This Agreement is personal to Employee, who may not assign it without Company's Successors. Any successor written consent. This Agreement will inure to the benefit of and be enforceable by Employee's legal representatives, heirs, or legatees. (b) This Agreement will inure to the benefit of and be binding on Company and its successors and assigns. (c) Company will require any successor (whether direct or indirect and whether indirect, by purchase, merger, consolidation, liquidation consol...idation or otherwise) to all or substantially all of the Company's business and/or assets shall of 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 that 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 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 Successors. Any successor Assignment by Employee. This Agreement is personal to Employee and, without the prior written consent of the Company, shall not be assignable by Employee otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by Employee's legal representatives. 5 (b) Assignment by the Company. This Agreement shall inure to the benefit of and be binding upon the Company (whether direct or indirect... and whether by purchase, merger, consolidation, liquidation or otherwise) its successors. The Company shall require any successor to all or substantially all of the Company's business and/or assets shall of the Company, whether direct or indirect, by purchase, merger, consolidation, acquisition of stock or otherwise, expressly to 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 if no 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. succession had taken place. View More

Successors. (a) The Company's Successors. Any successor This Agreement is personal to Executive and without the prior written consent of the Company shall not be assignable by Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the Company (whether direct or indirect benefit of and whether be enforceable by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company's business and/or assets Executive's legal repres...entatives. (b) This Agreement shall assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and inure to the same extent as benefit of and be binding upon the Company would be required to perform such obligations and its successors (including by operation of law) and assigns. (c) As used in the absence of a succession. For all purposes under this Agreement, "the Company" shall mean the term "Company" shall include 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