Document ID: 13538

Text:
14\. Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation, reorganization or otherwise to all or substantially all of the business and/or assets of the Company), assigns, spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation, reorganization or otherwise) to all, substantially all or a substantial part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. The indemnification provided under this Agreement shall continue as to Indemnitee for any action taken or not taken while serving in an indemnified capacity pertaining to an Indemnifiable Event even though Indemnitee may have ceased to serve in such capacity at the time of any Proceeding.

Named Entities:
6
7
Title

Tokenized Text:
14
\
.
Binding
Effect
.
This
Agreement
shall
be
binding
upon
and
inure
to
the
benefit
of
and
be
enforceable
by
the
parties
hereto
and
their
respective
successors
(
including
any
direct
or
indirect
successor
by
purchase
,
merger
,
consolidation
,
reorganization
or
otherwise
to
all
or
substantially
all
of
the
business
and
/
or
assets
of
the
Company
)
,
assigns
,
spouses
,
heirs
and
personal
and
legal
representatives
.
The
Company
shall
require
and
cause
any
successor
(
whether
direct
or
indirect
by
purchase
,
merger
,
consolidation
,
reorganization
or
otherwise
)
to
all
,
substantially
all
or
a
substantial
part
,
of
the
business
and
/
or
assets
of
the
Company
,
by
written
agreement
in
form
and
substance
satisfactory
to
Indemnitee
,
expressly
to
assume
and
agree
to
perform
this
Agreement
in
the
same
manner
and
to
the
same
extent
that
the
Company
would
be
required
to
perform
if
no
such
succession
had
taken
place
.
The
indemnification
provided
under
this
Agreement
shall
continue
as
to
Indemnitee
for
any
action
taken
or
not
taken
while
serving
in
an
indemnified
capacity
pertaining
to
an
Indemnifiable
Event
even
though
Indemnitee
may
have
ceased
to
serve
in
such
capacity
at
the
time
of
any
Proceeding
.