Common use of General Assets Clause in Contracts

General Assets. All amounts credited in respect of the Performance Shares 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: 2016 Performance Share Award Agreement (Global Brass & Copper Holdings, Inc.), Performance Share Award Agreement (Global Brass & Copper Holdings, Inc.)

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General Assets. All amounts credited in respect of the Performance Shares Restricted Stock Units 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: Direct Digital (Direct Digital Holdings, Inc.), Restricted Stock Unit (Biofrontera Inc.)

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General Assets. All amounts credited in respect of the Performance Shares Units 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 1 contract

Samples: Performance Unit Award Agreement (ADT Inc.)

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