Successors Clause Example from Business Contracts

This example Successors clause appears in 3 contracts from 1 company

Successors. (a) This Agreement is personal to Employee, who may not assign it without Company's 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, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or asset...s of Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, or otherwise. View More