Nature of Interest. Nothing contained in this Section 3.04 is to be construed as providing for assets to be held for the benefit of Executive or his surviving spouse. If Executive or his surviving spouse acquires a right to receive benefit payments pursuant to this Section 3.04, that right is no greater than the right of any unsecured general creditor of Ceridian.
Appears in 5 contracts
Samples: Ceridian Corp, Employment Agreement (Ceridian Corp /De/), Employment Agreement (Ceridian Corp /De/)
Nature of Interest. Nothing contained in this Section 3.04 3.05 is to be construed as providing for assets to be held for the benefit of Executive or his surviving spouse. If Executive or his surviving spouse acquires a right to receive benefit payments pursuant to this Section 3.043.05, that right is no greater than the right of any unsecured general creditor of CeridianArbitron.
Appears in 1 contract
Samples: Employment Agreement (Arbitron Inc)
