No Funding Obligation. This Agreement shall be unfunded. Any payment made under this Agreement shall be made from the Company’s general assets, and the Executive’s rights shall be no greater than those of general unsecured creditor of the Company.
Appears in 4 contracts
Samples: Alphatec Severance Agreement (Alphatec Holdings, Inc.), Alphatec Severance Agreement (Alphatec Holdings, Inc.), Alphatec Severance Agreement (Alphatec Holdings, Inc.)
No Funding Obligation. This Agreement shall be unfunded. Any payment made under this Agreement shall be made from the Company’s 's general assets, and the Executive’s 's rights shall be no greater than those of general unsecured creditor of the Company.
Appears in 3 contracts
Samples: Change in Control Agreement (Dynatronics Corp), Atec Change in Control Agreement (Alphatec Holdings, Inc.), Alphatec Change in Control Agreement (Alphatec Holdings, Inc.)
No Funding Obligation. This Agreement shall be unfunded. Any payment made under this Agreement shall be made from the Company’s general assetsassets except as provided in Section 3(c), and the Executive’s rights shall be no greater than those of general unsecured creditor of the Company.
Appears in 1 contract
Samples: Separation Agreement (Nuvasive Inc)
No Funding Obligation. This Agreement shall be unfunded. Any payment made under this Agreement shall be made from the Company’s general assets, and the the Executive’s rights shall be no greater than those of general unsecured creditor of the Company.
Appears in 1 contract
