No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 62 contracts
Samples: Consultant Agreement (Surgalign Holdings, Inc.), Restricted Stock Agreement (Hanmi Financial Corp), Employment Agreement (Mednax, Inc.)
No Trust or Fund Created. Neither this This Agreement nor the grant of Restricted Stock hereunder shall not create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Affiliate and the Recipient a Grantee or any other personPerson. To the extent that the Recipient or any other person Person acquires a right to receive payments from the Company or any Related Entity Affiliates pursuant to this Agreement, such right shall be no greater than the right of any general unsecured general creditor of the CompanyCompany or any Affiliate.
Appears in 27 contracts
Samples: Performance Unit Award Agreement (Independence Contract Drilling, Inc.), Performance Unit Award Agreement (Independence Contract Drilling, Inc.), Restricted Stock Unit Award Agreement (Independence Contract Drilling, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 15 contracts
Samples: Restricted Stock Agreement (Vocus, Inc.), Restricted Stock Agreement (Reven Housing REIT, Inc.), Restricted Stock Agreement (Reven Housing REIT, Inc.)
No Trust or Fund Created. Neither the Plan nor this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Affiliate and the Recipient Participant or any other person. To the extent that the Recipient or any other person Person acquires a right to receive payments from the Company or any Related Entity Affiliate pursuant to this Agreementa Stock Award, such right shall be no greater than the right of any unsecured general creditor of the CompanyCompany or any Affiliate.
Appears in 10 contracts
Samples: Restricted Stock Unit Award Agreement (Cyberoptics Corp), Employment Agreement (Cyberoptics Corp), Performance Restricted Stock Unit Award Agreement (U.S. Auto Parts Network, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Subsidiary and the Recipient Grantee or any other person. To the extent that the Recipient Grantee or any other person acquires a right to receive payments from the Company or any Related Entity Subsidiary pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 10 contracts
Samples: Restricted Stock Agreement (Wellcare Health Plans, Inc.), Restricted Stock Agreement (Wellcare Health Plans, Inc.), Restricted Stock Agreement (Wellcare Health Plans, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Subsidiary and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity Subsidiary pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 9 contracts
Samples: Restricted Stock Agreement (Mastec Inc), Restricted Stock Agreement (Mastec Inc), Restricted Stock Agreement (Mastec Inc)
No Trust or Fund Created. Neither this Agreement nor the grant of Shares of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Participant or any other person. To the extent that the Recipient Participant or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 7 contracts
Samples: Restricted Stock Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Restricted Stock Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Restricted Stock Agreement (Dividend Capital Diversified Property Fund Inc.)
No Trust or Fund Created. Neither this This Agreement nor the grant of Restricted Stock hereunder shall not create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Affiliate and the Recipient an Optionee or any other personPerson. To the extent that the Recipient or any other person Person acquires a right to receive payments from the Company or any Related Entity Affiliates pursuant to this Agreementan Award, such right shall be no greater than the right of any general unsecured general creditor of the CompanyCompany or any Affiliate.
Appears in 7 contracts
Samples: Nonqualified Stock Option Agreement (Basic Energy Services Inc), Nonqualified Stock Option Agreement (Basic Energy Services Inc), Nonqualified Stock Option Agreement (Basic Energy Services Inc)
No Trust or Fund Created. Neither this Agreement nor the grant grants of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Grantee or any other person. To the extent that the Recipient Grantee or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 7 contracts
Samples: Restricted Stock Agreement (Freedom Leaf Inc.), Restricted Stock Agreement (Freedom Leaf Inc.), Restricted Stock Agreement (Freedom Leaf Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 7 contracts
Samples: Restricted Stock Agreement (Regent Technologies Inc), Restricted Stock Agreement (Atomera Inc), Restricted Stock Agreement (Entertainment Gaming Asia Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock Units hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 5 contracts
Samples: Restricted Stock Unit Agreement (Surgalign Holdings, Inc.), Stock Option Agreement, Restricted Stock Unit Agreement (Lifelock, Inc.)
No Trust or Fund Created. Neither this This Agreement nor the grant of Restricted Stock hereunder shall not create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Affiliate and the Recipient a Grantee or any other personPerson. To the extent that the Recipient or any other person Person acquires a right to receive payments from the Company or any Related Entity Affiliates pursuant to this Agreementan Award, such right shall be no greater than the right of any general unsecured general creditor of the CompanyCompany or any Affiliate.
Appears in 5 contracts
Samples: Restricted Stock Grant Agreement (Basic Energy Services Inc), Restricted Stock Grant Agreement (Basic Energy Services Inc), Restricted Stock Grant Agreement (Basic Energy Services Inc)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity subsidiary and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity subsidiary pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Federated National Holding Co), Performance Based Restricted Stock Agreement (Federated National Holding Co), Restricted Stock Agreement (CLS Holdings USA, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock Units hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity of its Subsidiaries and the Recipient Grantee or any other person. To the extent that the Recipient Grantee or any other person acquires a right to receive payments from the Company or any Related Entity of its Subsidiaries pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Wellcare Health Plans, Inc.), Restricted Stock Unit Agreement (Wellcare Health Plans, Inc.), Restricted Stock Unit Agreement (Wellcare Health Plans, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity of its Subsidiaries and the Recipient Grantee or any other person. To the extent that the Recipient Grantee or any other person acquires a right to receive payments from the Company or any Related Entity of its Subsidiaries pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Wellcare Health Plans, Inc.), Restricted Stock Agreement (Wellcare Health Plans, Inc.), Restricted Stock Agreement (Wellcare Health Plans, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder made pursuant to this Agreement shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 3 contracts
Samples: Award Agreement (Arvinas Holding Company, LLC), Award Agreement (Arvinas Holding Company, LLC), Restricted Stock Unit Agreement (Roadrunner Transportation Systems, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock Share Units hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 3 contracts
Samples: Restricted Share Units Agreement (Mednax, Inc.), Restricted Shares Units Agreement (Pediatrix Medical Group Inc), Restricted Share Units Agreement (Pediatrix Medical Group Inc)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock the Option hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Optionee or any other person. To the extent that the Recipient Optionee or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 3 contracts
Samples: Employment Agreement (Mednax, Inc.), Nonqualified Stock Option Agreement, Nonqualified Stock Option Agreement (Mednax, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Shares of [Restricted Stock Stock] {Stock} hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Participant or any other person. To the extent that the Recipient Participant or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Industrial Income Trust Inc.), Restricted Stock Agreement (Industrial Property Trust Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock Subject Shares hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Executive or any other person. To the extent that the Recipient Executive or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Stock Agreement (Strategic American Oil Corp), Stock Agreement (Strategic American Oil Corp)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder made pursuant to this Agreement shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other personPerson. To the extent that the Recipient or any other person Person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Roadrunner Transportation Systems, Inc.), Performance Restricted Stock Unit Agreement (Roadrunner Transportation Systems, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder Shares shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Employee or any other person. To the extent that the Recipient Employee or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Steelcloud Inc), Employment Agreement (Miracom Corp)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Holder or any other person. To the extent that the Recipient Holder or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Century Communities, Inc.), Non Employee Director Restricted Stock Award Agreement (Century Communities, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock Options hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Optionee or any other person. To the extent that the Recipient Optionee or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (ARKO Corp.), Nonqualified Stock Option Agreement (Epoch Holding Corp)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Affiliate and the Recipient Grantee or any other person. To the extent that the Recipient Grantee or any other person acquires a right to receive payments from the Company or any Related Entity Affiliate pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Keenan D Michael), Restricted Stock Agreement (Global Telecom & Technology, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Company and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity Company pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Mastec Inc), Restricted Stock Agreement (Mastec Inc)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock Units hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder Shares shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Grantee or any other person. To xxxxxx.Xx the extent that the Recipient Grantee or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder Units shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity its Affiliates and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity its Affiliates pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the CompanyCompany or its Affiliates, as applicable.
Appears in 1 contract
Samples: Unit Award Agreement (Playbutton Acquisition Corp.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Shares of Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Participant or any other person. To the extent that the Recipient Participant or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
Samples: Stock Grant Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of shares of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Employee or any other person. To the extent that the Recipient Employee or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Deferred Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Participant or any other person. To the extent that the Recipient Participant or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
Samples: Associate Deferred Stock Award Agreement (Destination Xl Group, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant award of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Company-related entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity Company-related entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
Samples: Restricted Stock Agreement (Surgalign Holdings, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant ------------------------ of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Deferred Stock Units hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity of its Subsidiaries and the Recipient Grantee or any other person. To the extent that the Recipient Grantee or any other person acquires a right to receive payments from the Company or any Related Entity of its Subsidiaries pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
Samples: Deferred Stock Unit Agreement (Wellcare Health Plans, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Shares of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
Samples: Restricted Stock Agreement (Destination Xl Group, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of ------------------------ Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
Samples: Restricted Stock Agreement (Cragar Industries Inc /De)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Deferred Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
Samples: Deferred Stock Agreement (Consonus Technologies, Inc.)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock Shares hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
Samples: Restricted Shares Award Agreement (Correctional Properties Trust)
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient Xx. Xxxxx or any other person. To the extent that the Recipient Xx. Xxxxx or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
No Trust or Fund Created. Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity Affiliate and the Recipient Grantee, Employee or any other person. To the extent that the Recipient Grantee, Employee or any other person acquires a right to receive payments from the Company or any Related Entity Affiliate pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 1 contract
