General Unsecured Creditor Status. All amounts payable in accordance with this Agreement shall constitute general unsecured obligations of the Company, and the Executive shall have only the rights of a general unsecured creditor of the Company with respect to any such payments.
Appears in 10 contracts
Samples: Executive Employment Agreement (Advanced Drainage Systems, Inc.), Executive Employment Agreement (Advanced Drainage Systems, Inc.), Executive Employment Agreement (Advanced Drainage Systems, Inc.)