Common use of No Right to Company Assets Clause in Contracts

No Right to Company Assets. Neither the Director nor any other person shall acquire by reason of the Option or the Option Shares any right in or title to any assets, funds or property of the Company whatsoever including, without limiting the generality of the foregoing, any specific funds or assets which the Company, in its sole discretion, may set aside in anticipation of a liability. No trust shall be created in connection with or by the granting of the Option or the purchase of any Option Shares, and any benefits which become payable hereunder shall be paid from the general assets of the Company. The Director shall have only a contractual right to the amounts, if any, payable pursuant to this Grant Agreement, unsecured by any asset of the Company or any of its affiliates.

No Right to Company Assets. Neither the Director Participant nor any other person shall acquire by reason of the Option or the Option Shares Plan any right in or title to any assets, funds or property of the Company whatsoever including, without limiting the generality of the foregoing, any specific funds funds, assets, or assets other property which the Company, in its sole discretion, may set aside in anticipation of a liabilityaside. No trust shall be created in connection with or by the granting of the Option or the purchase of any Option Shares, and any Any benefits which become payable hereunder shall be paid from the general assets of the Company. The Director Participant shall have only a contractual right to the amounts, if any, payable pursuant to this Grant Agreement, hereunder unsecured by any asset of the Company. Nothing contained in the Plan constitutes a guarantee by the Company or that the assets of the Company shall be sufficient to pay any of its affiliatesbenefit to any person.

No Right to Company Assets. Neither the Director Participant nor any other person shall acquire by reason of the Option or the Option Shares Plan any right in or title to any assets, funds or property of the Company whatsoever whatsoever, including, without limiting the generality of the foregoing, any specific funds funds, assets or assets other property which the Company, in its sole discretion, may set aside in anticipation of a liabilityliability hereunder. No trust shall be created in connection with or by the granting of the Option or the purchase of any Option Shares, and any Any benefits which become payable hereunder shall be paid from the general assets of the Company. The Director Participant and his/her Beneficiary shall have only a contractual right to the amounts, if any, payable pursuant to this Grant Agreementhereunder, unsecured by any asset of the Company. Nothing contained in the Plan constitutes a guarantee by the Company or that the assets of the Company shall be sufficient to pay any of its affiliatesbenefits due to any person.

No Right to Company Assets. Neither the Director Participant nor any other person shall acquire by reason of the Option or the Option Shares Plan any right in or title to any assets, funds or property of the Company whatsoever including, without limiting the generality of the foregoing, any specific funds funds, assets, or assets other property which the Company, in its sole discretion, may set aside in anticipation of a liabilityliability hereunder. No trust of any kind shall be created in connection with or by the granting execution or adoption of the Option or the purchase of any Option SharesPlan, and any benefits which become payable hereunder shall be paid from the general assets of the Company. The Director Participant shall have only a contractual right to the amounts, if any, payable pursuant to this Grant Agreement, hereunder unsecured by any asset of the Company. Nothing contained in the Plan constitutes a guarantee by the Company or that the assets of the Company shall be sufficient to pay any of its affiliatesbenefit to any person.

No Right to Company Assets. Neither the Director Participant nor any other person shall acquire by reason of the Option or the Option Shares Plan any right in or title to any assets, funds or property of the Company whatsoever including, without limiting the generality of the foregoing, any specific funds funds, assets, or assets any other property which the Company, in its sole discretion, may set aside in anticipation of a liabilityliability hereunder. No trust of any kind shall be created in connection with or by the granting execution or adoption of the Option or the purchase of any Option SharesPlan, and any benefits which become payable hereunder shall be paid from the general assets of the Company. The Director Participant shall have only a contractual right to the amounts, if any, payable pursuant to this Grant Agreement, hereunder unsecured by any asset of the Company. Nothing contained in the Plan constitutes a guarantee by the Company or that the assets of the Company shall be sufficient to pay any of its affiliatesbenefit to any person.