Common use of Funding Clause in Contracts

Funding. No assets or shares of Common Stock shall be segregated or earmarked by the Company in respect of any Units awarded hereunder. The grant of Units hereunder shall not constitute a trust and shall be solely for the purpose of recording an unsecured contractual obligation of the Company.

Appears in 65 contracts

Samples: Rsu Agreement (Motorola Solutions, Inc.), Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.), Restricted Stock Unit Award Agreement (Motorola Solutions, Inc.)

AutoNDA by SimpleDocs

Funding. No assets or shares of Common Stock Shares shall be segregated or earmarked by the Company in respect of any Restricted Stock Units awarded hereunder. The grant of Restricted Stock Units hereunder shall not constitute a trust and shall be solely for the purpose of recording an unsecured contractual obligation of the Company.

Appears in 7 contracts

Samples: Executive Restricted Stock (Brightpoint Inc), Restricted Stock (Brightpoint Inc), Executive Restricted Stock Unit Award Agreement (Brightpoint Inc)

Funding. No assets or shares of Common Stock Shares shall be segregated or earmarked by the Company in respect of any Units awarded hereunder. The grant of Units hereunder shall not constitute a trust and shall be solely for the purpose of recording an unsecured contractual obligation of the Company.

Appears in 5 contracts

Samples: Restricted Stock Unit Global Award Agreement (Motorola Mobility Holdings, Inc), Restricted Stock Unit Global Award Agreement (Motorola Mobility Holdings, Inc), Restricted Stock Unit Award Agreement (Motorola Mobility Holdings, Inc)

AutoNDA by SimpleDocs

Funding. No assets or shares of Common Stock shall be segregated or earmarked by the Company in respect of any Restricted Stock Units awarded hereunder. The grant of Restricted Stock Units hereunder shall not constitute a trust and shall be solely for the purpose of recording an unsecured contractual obligation of the Company.

Appears in 1 contract

Samples: Restricted Stock (Applied Energetics, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.