Funding of Benefits. Unless the Board of Directors in its discretion determines otherwise, the amounts payable to Mr. McCrary under the this Agreement shall not be funded in any maxxxx xxx xxall be paid by the Company out of its general assets, which assets are subject to the claims of the Company's creditors.
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Samples: Change in Control Agreement (Southern Co), Change in Control Agreement (Alabama Power Co)
Funding of Benefits. Unless the Board of Directors in its discretion determines shall determine otherwise, the amounts benefits payable to Mr. McCrary under the this Agreement shall not be funded in any maxxxx manner xxx xxall xxxxx be paid by the Company out of its general assets, which assets are subject to the claims of the Company's creditors.
Appears in 1 contract
Funding of Benefits. Unless the Board of Directors in its discretion determines shall determine otherwise, the amounts benefits payable to Mr. McCrary under the this Agreement shall not be funded in any maxxxx xxx xxall axx xxxxxx xnd shall be paid by the Company out of its general assets, which assets are subject to the claims of the Company's creditors.
Appears in 1 contract
Samples: Change in Control Agreement (Savannah Electric & Power Co)
Funding of Benefits. Unless the Board of Directors in its discretion determines shall determine otherwise, the amounts benefits payable to Mr. McCrary under the this Agreement shall not be funded in any maxxxx xx xxx xxall xxxner and shall be paid by the Company out of its general assets, which assets are subject to the claims of the Company's creditors.
Appears in 1 contract
