Common use of General Assets Clause in Contracts

General Assets. All amounts credited to the Grantee’s Account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Grantee’s interest in the Account shall make the Grantee only a general, unsecured creditor of the Company.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Max Capital Group Ltd.), Restricted Stock Unit Agreement (Max Capital Group Ltd.), Restricted Stock Unit Agreement (Max Capital Group Ltd.)

AutoNDA by SimpleDocs

General Assets. All amounts credited to the Grantee’s Account under this Agreement shall continue for all purposes to be part of the general assets of the Company. The Grantee’s interest in the Account shall make the Grantee only a general, unsecured creditor of the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Daybreak Oil & Gas Inc)

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