NONSEGREGATION. No assets of the Company need 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 13 contracts
Samples: Senior Management Employment Agreement (Shurgard Storage Centers Inc), Senior Management Employment Agreement (Targeted Genetics Corp /Wa/), Senior Management Employment Agreement (Targeted Genetics Corp /Wa/)
NONSEGREGATION. No assets of the Company need be segregated or c1I- 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 6 contracts
Samples: Senior Management Employment Agreement (Emeritus Corp\wa\), Senior Management Employment Agreement (Emeritus Corp\wa\), Senior Management Employment Agreement (Emeritus Corp\wa\)
NONSEGREGATION. No assets of the Company need be segregated or earmarked to represent the liability for benefits payable hereunder. The rights of any person Executive to receive benefits hereunder shall be only those of a general unsecured creditor.
Appears in 6 contracts
Samples: Executive Employment Agreement (Loudeye Corp), Executive Employment Agreement (Loudeye Corp), Executive Employment Agreement (Loudeye Corp)
NONSEGREGATION. No assets of the Company need 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.of
Appears in 1 contract
Samples: Senior Management Employment Agreement (Shurgard Storage Centers Inc)
NONSEGREGATION. No assets of the Company need be segregated or earmarked to represent the liability for benefits payable hereunderunder this Agreement. The rights of any person to receive benefits hereunder under this Agreement shall be only those of a general unsecured creditor.
Appears in 1 contract
Samples: Senior Management Employment Agreement (Utilx Corp)
