Responsibility for Benefits. The Company will pay the entire cost of all benefits provided under this Severance Agreement, solely from its general assets. The benefits made available by this Severance Agreement are "unfunded," and Executive is not required or permitted to make any contribution with respect to this Severance Agreement.
Appears in 7 contracts
Samples: Settlement Agreement and Release (Efactor Holdings Inc), Settlement Agreement and Release (Efactor Holdings Inc), Chief Executive Separation and Severance Agreement (Hyperdynamics Corp)
Responsibility for Benefits. The Company will pay the entire cost of all benefits provided under this Severance Agreement, solely from its general assets. The benefits made available by this Severance Agreement are "“unfunded," ” and Executive is not required or permitted to make any contribution with respect to this Severance Agreement.
Appears in 5 contracts
Samples: Separation and Severance Agreement, Executive Employment Agreement (Trimeris Inc), Separation and Severance Agreement (Trimeris Inc)
Responsibility for Benefits. The Company will pay the entire cost of all benefits provided under this Severance Agreement, solely from its general assets. The benefits made available by this Severance Agreement are "“unfunded," ” and Executive Xxxxxxx is not required or permitted to make any contribution with respect to this Severance Agreement.
Appears in 1 contract
Samples: Executive Agreement (Trimeris Inc)
