Successors Clause Example from Business Contracts

This example Successors clause appears in 2 contracts from 1 company

Successors. (a) This Agreement is personal to the Executive and, without the prior written consent of the Corporation, 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 Corporation and its successors. The Corporation shall require any successor to all or substantially all of th...e business and/or assets of the Corporation, whether direct or indirect, by purchase, merger, consolidation, acquisition of stock, or otherwise, by an agreement in form and substance satisfactory to the Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent as the Corporation would be required to perform if no such succession had taken place. For purposes of this Section 14(b), the term "Corporation" shall include the Corporation and MEC. View More
Monster Beverage Contracts

EMPLOYMENT AGREEMENT (Filed With SEC on March 19, 2014)

EMPLOYMENT AGREEMENT (Filed With SEC on March 19, 2014)