OTHER CAPTIONS
IN THIS AGREEMENT ARE INCLUDED SOLELY FOR CONVENIENCE OF REFERENCE AND WILL NOT
CONTROL THE MEANING AND INTERPRETATION OF ANY PROVISION OF THIS AGREEMENT.
12.
GOVERNING LAW.
THIS AGREEMENT HAS BEEN
EXECUTED IN THE STATE OF ILLINOIS, AND ITS VALIDITY, INTERPRETATION,
PERFORMANCE, AND ENFORCEMENT WILL BE GOVERNED BY THE LAWS OF SUCH STATE, EXCEPT
WITH RESPECT TO CONFLICTS OF LAWS PRINCIPLES.
13.
BINDING EFFECT.
THIS AGREEMENT WILL BE
BINDING UPON AND INURE TO THE BENEFIT OF EXECUTIVE, THE COMPANY, AND THEIR
RESPECTIVE SUCCESSORS AND PERMITTED ASSIGNS.
THE COMPANY WILL BE ENTITLED TO
ASSIGN ITS RIGHTS AND DUTIES UNDER THIS AGREEMENT PROVIDED THAT THE COMPANY WILL
REMAIN LIABLE TO EXECUTIVE SHOULD SUCH ASSIGNEE FAIL TO PERFORM ITS OBLIGATIONS
UNDER THIS AGREEMENT.
14.
NO STRICT CONSTRUCTION.
THE LANGUAGE USED
IN THIS AGREEMENT WILL BE DEEMED TO BE THE LANGUAGE CHOSEN BY THE PARTIES TO
EXPRESS THEIR MUTUAL INTENT, AND NO RULE OF STRICT CONSTRUCTION WILL BE APPLIED
AGAINST ANY PERSON.
IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its
duly authorized officer and Executive has signed this Agreement, as of the date
written below.
EXECUTIVE
Jeffry L. Guido
VICORP Restaurants, Inc.
By:
Debra Koenig
Its:
Chief Executive Officer
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