No Trust; Xxxxxxx’s Rights Unsecured. Neither this Award Agreement nor any action in accordance with this Award Agreement shall be construed to create a trust of any kind. The right of the Grantee to receive payments of cash or Shares pursuant to this Award Agreement shall be an unsecured claim against the general assets of the Company.
Appears in 22 contracts
Samples: Restricted Stock Unit Award Agreement (Elanco Animal Health Inc), Nonqualified Stock Option Award Agreement (Elanco Animal Health Inc), Restricted Stock Unit Award Agreement (Elanco Animal Health Inc)
No Trust; Xxxxxxx’s Rights Unsecured. Neither this Award Agreement nor any action in accordance with this Award Agreement shall be construed to create a trust of any kind. The right of the Grantee to receive payments of cash or Shares pursuant to this Award Agreement shall be an unsecured claim against the general assets of the Company.. Xxx Xxxxx and Company Restricted Stock Unit Award Agreement (for Executive Officer)
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (ELI LILLY & Co)
No Trust; Xxxxxxx’s Rights Unsecured. Neither this Award Agreement nor any action in accordance with this Award Agreement shall be construed to create a trust of any kind. The Xxx Xxxxx and Company Restricted Stock Unit Award Agreement right of the Grantee to receive payments of cash or Shares pursuant to this Award Agreement shall be an unsecured claim against the general assets of the Company.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (ELI LILLY & Co)
No Trust; Xxxxxxx’s Rights Unsecured. Neither this Award Agreement nor any action in accordance with this Award Agreement shall be construed to create a trust of any kind. The right of the Grantee to receive payments of cash or Shares a payment pursuant to this Award Agreement shall be an unsecured claim against the general assets of the Company.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (ELI LILLY & Co)
No Trust; Xxxxxxx’s Rights Unsecured. Neither this Award Agreement nor any action in accordance with this Award Agreement shall be construed to create a trust of any kind. The right of the Grantee to receive payments of cash or Shares pursuant to this Award Agreement shall be an unsecured claim against the general assets of the Company.
Appears in 1 contract
No Trust; Xxxxxxx’s Rights Unsecured. Neither this Award Agreement nor any action pursuant to or in accordance with this Award Agreement shall be construed to create a trust of any kind. The right of the Grantee to receive payments of cash or Shares pursuant to this Award Agreement shall be an unsecured claim against the general assets of the Company.
Appears in 1 contract
Samples: Performance Based Award Agreement (Elanco Animal Health Inc)