Common use of General Assets Clause in Contracts

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Participant’s interest in such account shall make the Participant only a general, unsecured creditor of the Company.

Appears in 97 contracts

Samples: Incentive Plan Award Agreement (ADT Inc.), Restricted Stock Unit Award Agreement (Sun Country Airlines Holdings, Inc.), Director Restricted Stock Unit Award Agreement (Schneider National, Inc.)

AutoNDA by SimpleDocs

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The ParticipantGrantee’s interest in such account shall make the Participant Grantee only a general, unsecured creditor of the Company.

Appears in 6 contracts

Samples: Restricted Stock Unit Grant Certificate (Momentive Performance Materials Inc.), Restricted Stock Unit Award Agreement (Caliburn International Corp), Restricted Stock Unit Award Agreement (Caliburn International Corp)

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The ParticipantExecutive’s interest in such account shall make the Participant Executive only a general, unsecured creditor of the Company.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit Award Agreement (Virtu Financial, Inc.)

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement Agreement, including pursuant to Section 3 hereof, shall continue for all purposes to be part of the general assets of the Company. The Participant’s interest in such account shall make the Participant only a general, unsecured creditor of the Company.. (e)

Appears in 3 contracts

Samples: Incentive Plan Restricted Stock Unit Award Agreement (Driven Brands Holdings Inc.), Omnibus Incentive Plan Restricted Stock Unit Award Agreement (Driven Brands Holdings Inc.), Omnibus Incentive Plan Restricted Stock Unit Award Agreement (Driven Brands Holdings Inc.)

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Participant’s 's interest in such account shall make the Participant only a general, unsecured creditor of the Company.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit Award Agreement (Virtu Financial, Inc.), Restricted Stock Unit Award Agreement (Virtu Financial, Inc.)

General Assets. All amounts credited in respect of the Performance-Vesting RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Participant’s interest in such account shall make the Participant only a general, unsecured creditor of the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.), Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.)

General Assets. All amounts credited in respect of the Time-Vesting RSUs, Performance-Vesting RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Participant’s interest in such account shall make the Participant only a general, unsecured creditor of the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.), Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.)

General Assets. All amounts credited in respect of the Time-Vesting RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Participant’s interest in such account shall make the Participant only a general, unsecured creditor of the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.), Restricted Stock Unit Award Agreement (Endeavor Group Holdings, Inc.)

AutoNDA by SimpleDocs

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Participant’s interest in such account shall make the Participant only a general, unsecured creditor of the Company.. (e)

Appears in 1 contract

Samples: Omnibus Incentive Plan Restricted Stock Unit Award Agreement (ADT Inc.)

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Participant’s interest in such account shall make the Participant only a general, unsecured creditor of the Company.. Doc#: US1:12693662v4

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (J.Jill, Inc.)

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The ParticipantExecutive’s interest in such account shall make the Participant Executive only a general, unsecured creditor of the Company.. (e)

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Virtu Financial, Inc.)

General Assets. All amounts credited in respect of the RSUs to the book-entry account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Participant’s interest in such account shall make the Participant only a general, general unsecured creditor of the Company.

Appears in 1 contract

Samples: Director Restricted Stock Unit Award Agreement (Viatris Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!