NON-SEGREGATION. No assets of the Company need to be segregated or earmarked to represent the liability for benefits payable hereunder. The rights of any person to receive benefits hereunder shall be only those of a general unsecured creditor.
Appears in 3 contracts
Samples: Senior Management Incentive Agreement (Ep Medsystems Inc), Senior Management Incentive Agreement (Ep Medsystems Inc), Senior Management Incentive Agreement (Ep Medsystems Inc)
NON-SEGREGATION. No assets of the Company need to be segregated or earmarked to represent the liability for benefits payable hereunder. The rights of any person Person to receive benefits hereunder shall be only those of a general unsecured creditorcreditor but in first position.
Appears in 1 contract
Samples: Executive Contract Employee and Employment Agreement (Montavo, Inc.)
