Common use of Limitation on Obligations Clause in Contracts

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant of shares of Common Stock on the date when such shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation unless otherwise provided under Section 9 and permitted under Section 409A of the Code. The RSUs shall not be secured by any specific assets of the Company or any of its Affiliates, nor shall any assets of the Company or any of its Affiliates be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Information Services Group Inc.), Restricted Stock Unit Award Agreement (Information Services Group Inc.), Restricted Stock Unit Award Agreement (Information Services Group Inc.)

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Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Employee of shares of Common Stock on the date when such shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation unless obligation, except as otherwise expressly provided under Section 9 and permitted under Section 409A of the Codefor herein. The RSUs This Restricted Stock Unit Award shall not be secured by any specific assets of the Company or any of its AffiliatesSubsidiaries, nor shall any assets of the Company or any of its Affiliates subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 4 contracts

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

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Employee of shares of Common Stock on the date when such shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation obligation, unless as otherwise provided under Section 9 and permitted under Section 409A of the Codefor herein. The RSUs This Restricted Stock Unit Award shall not be secured by any specific assets of the Company or any of its AffiliatesSubsidiaries, nor shall any assets of the Company or any of its Affiliates subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 4 contracts

Samples: Performance Restricted Stock Unit Award Agreement (Rockwood Holdings, Inc.), Restricted Stock Unit Award Agreement (Rockwood Holdings, Inc.), Performance Restricted Stock Unit Award Agreement (Rockwood Holdings, Inc.)

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Grantee of shares of Common Stock on the date when such shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation unless otherwise provided under Section 9 of the Plan and permitted under Section 409A of the Code. The RSUs This RSU Award shall not be secured by any specific assets of the Company or any of its Affiliates, nor shall any assets of the Company or any of its Affiliates be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Information Services Group Inc.), Restricted Stock Unit Award Agreement (Information Services Group Inc.)

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Employee of shares of Common Stock on the date when such shares Shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation obligation, unless as otherwise provided under Section 9 and permitted under Section 409A of the Codefor herein. The RSUs granted hereunder shall not be secured by any specific assets of the Company or any of its AffiliatesSubsidiaries, nor shall any assets of the Company or any of its Affiliates Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 2 contracts

Samples: Non Accreting Restricted Stock Unit Award Agreement (Sealy Corp), Performance Restricted Stock Unit Award Agreement (Sealy Corp)

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Grantee of shares Shares of Common Stock on the date when such shares Shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation unless obligation, except as otherwise expressly provided under Section 9 and permitted under Section 409A of the Codefor herein. The RSUs shall not be secured by any specific assets of the Company or any of its Affiliatessubsidiaries, nor shall any assets of the Company or any of its Affiliates subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Versum Materials, Inc.), Restricted Stock Unit Award Agreement (Versum Materials, Inc.)

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant of shares of Common Stock Shares on the date when such shares Shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation obligation, unless as otherwise provided under Section 9 and permitted under Section 409A of the Codefor herein. The RSUs granted hereunder shall not be secured by any specific assets of the Company or any of its AffiliatesSubsidiaries, nor shall any assets of the Company or any of its Affiliates Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (DynaVox Inc.)

Limitation on Obligations. The Company’s 's obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Employee of shares of Common Stock on the date when such shares Shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation obligation, unless as otherwise provided under Section 9 and permitted under Section 409A of the Codefor herein. The RSUs granted hereunder shall not be secured by any specific assets of the Company or any of its AffiliatesSubsidiaries, nor shall any assets of the Company or any of its Affiliates Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s 's obligations under this Agreement.

Appears in 1 contract

Samples: Time Restricted Stock Unit Award Agreement (Sealy Corp)

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Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant of shares of Common Stock on the date when such shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation unless otherwise provided under Section 9 of the Plan and permitted under Section 409A of the Code. The RSUs This RSU Award shall not be secured by any specific assets of the Company or any of its Affiliates, nor shall any assets of the Company or any of its Affiliates be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Information Services Group Inc.)

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Employee of shares Shares of Common Stock on the date when such shares Shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation unless obligation, except as otherwise expressly provided under Section 9 and permitted under Section 409A of the Codefor herein. The RSUs This Restricted Stock Unit Award shall not be secured by any specific assets of the Company or any of its AffiliatesSubsidiaries, nor shall any assets of the Company or any of its Affiliates subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Versum Materials, Inc.)

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Employee of shares of Common Stock on the date when such shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation unless otherwise provided under Section 9 and permitted under Section 409A of the Codeobligation. The RSUs granted hereunder shall not be secured by any specific assets of the Company or any of its AffiliatesSubsidiaries, nor shall any assets of the Company or any of its Affiliates Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (First Data Corp)

Limitation on Obligations. The Company’s obligation with respect to the RSUs granted hereunder is limited solely to the delivery to the Participant Employee of shares of Common Stock Shares on the date when such shares Shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation unless obligation, except as otherwise expressly provided under Section 9 and permitted under Section 409A of the Codefor herein. The RSUs shall not be secured by any specific assets of the Company or any of its Affiliates, nor shall any assets of the Company or any of its Affiliates subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Versum Materials, Inc.)

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