Common use of Award is Unfunded Clause in Contracts

Award is Unfunded. I understand that the Company has not formally funded my Award and that I am considered a general unsecured creditor of the Company with respect to my rights under the Award.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Cohu Inc), Restricted Stock Unit Award Agreement (Outdoor Channel Holdings Inc), Restricted Stock Unit Agreement (Cohu Inc)

AutoNDA by SimpleDocs

Award is Unfunded. I understand that the Company has not formally funded my Award award and that I am considered a general unsecured creditor of the Company with respect to my rights under the Awardaward.

Appears in 1 contract

Samples: Employment Agreement (Destination Xl Group, Inc.)

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