Successors Clause Example with 4 Variations from Business Contracts

This page contains Successors 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. This Agreement shall be binding upon and inure to the benefit of the Company, its successors and assigns (including, without limitation, any company into or with which the Company may merge or consolidate). The Company agrees that it will not affect the sale or other disposition of all or substantially all of its assets unless either (a) the person or entity acquiring the assets, or a substantial portion of the assets, shall expressly assume by an instrument in writing all duties and obligations... of the Company under this Agreement, or (b) the Company shall provide, through the establishment of a separate reserve, for the payment in full of all amounts which are or may reasonably be expected to become payable to the Employee under this Agreement. View More
Found in HEARTLAND FINANCIAL USA INC contract

Variations of a "Successors" Clause from Business Contracts

Successors. This Agreement shall be binding upon and inure to the benefit of the Company, Employer, its successors and assigns (including, without limitation, any company into or with which the Company Employer may merge or consolidate). The Company Employer agrees that it will not affect the sale or other disposition of all or substantially all of its assets (where such transaction would constitute a Change in Control) unless either (a) the person or entity acquiring the assets, or a substantial portion of... the assets, shall expressly assume by an instrument in writing all duties and obligations of the Company Employer under this Agreement, or (b) the Company Employer shall provide, through the establishment of a separate reserve, for the payment in full of all amounts which are or may reasonably be expected to become payable to the Employee Executive under this Agreement. 11 13. Legal Fees. In the event that either party commences arbitration or litigation to enforce or protect his and/or its rights under this Agreement, the prevailing party in any such action shall be entitled to recover reasonable attorneys' fees and costs (including the costs of experts, evidence and counsel) relating to such action, in addition to all other entitled relief, including but not limited to damages and injunctive relief. View More
Found in Midland States Bancorp, Inc. contract
Successors. This Agreement shall be binding upon and inure to the benefit of the Company, Employer, its successors and assigns (including, without limitation, any company into or with which the Company Employer may merge or consolidate). The Company Employer agrees that it will not affect the sale or other disposition of all or substantially all of its assets (where such transaction would constitute a Change in Control) unless either (a) the person or entity acquiring the assets, or a substantial portion of... the assets, shall expressly assume by an instrument in writing all duties and obligations of the Company Employer under this Agreement, or (b) the Company Employer shall provide, through the establishment of a separate reserve, for the payment in full of all amounts which are or may reasonably be expected to become payable to the Employee Executive under this Agreement. View More
Found in Midland States Bancorp, Inc. contract
Successors. This Agreement shall be binding upon and inure to the benefit of the Company, its successors and assigns (including, without limitation, any company into or with which the Company may merge or consolidate). assigns. The Company agrees that it will shall not affect effect the sale or other disposition of all or substantially all of its assets unless either (a) the person or entity acquiring the assets, or a substantial portion of the assets, shall expressly assume assumes by an instrument in writ...ing all duties and obligations of the Company under this Agreement, or (b) the Company shall provide, provides, through the establishment of a separate reserve, for the payment in full of all amounts which that are or may reasonably be expected to become payable to the Employee Executive under this Agreement. View More
Found in MidWestOne Financial Group, Inc. contract
Successors. This Agreement shall be binding upon and inure to the benefit of the Company, its successors and assigns (including, without limitation, any company into or with which the Company may merge or consolidate). assigns. The Company agrees that it will shall not affect the sale or other disposition of all or substantially all of its assets unless either (a) the person or entity acquiring the assets, or a substantial portion of the assets, shall expressly assume assumes by an instrument in writing all... duties and obligations of the Company under this Agreement, or (b) the Company shall provide, provides, through the establishment of a separate reserve, for the payment in full of all amounts which that are or may reasonably be expected to become payable to the Employee Executive under this Agreement. View More
Found in LAKELAND FINANCIAL CORP contract