Common use of General Creditor Clause in Contracts

General Creditor. All payments required hereunder shall be made from the Company's general assets and Employee shall have no rights greater than the rights of a general creditor of the Company.

Appears in 3 contracts

Samples: Employment Agreement (V One Corp/ De), Employment Agreement (V One Corp/ De), Employment Agreement (V One Corp/ De)

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General Creditor. All payments required hereunder shall be made ---------------- from the Company's general assets and Employee you shall have no rights greater than the rights of a general creditor of the Company, except as required by law.

Appears in 1 contract

Samples: Employment Agreement (Corvis Corp)

General Creditor. All payments required hereunder shall be made ---------------- from the Company's general assets and Employee you shall have no rights greater than the rights of a general creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (Corvis Corp)

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General Creditor. All payments required hereunder shall be made from the Company's general assets and Employee you shall have no rights greater than the rights of a general creditor of the Company, except as required by law.

Appears in 1 contract

Samples: Employment Agreement (Corvis Corp)

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