Rights Unsecured. The Recipient shall have only II-VI’s unfunded, unsecured promise to pay pursuant to the terms of this Agreement. The rights of the Recipient hereunder shall be that of a general unsecured creditor of II-VI and the Recipient shall not have any security interest in any assets of II-VI.
Appears in 11 contracts
Samples: Share Unit Award Agreement (Ii-Vi Inc), Award Agreement (Ii-Vi Inc), Award Agreement (Ii-Vi Inc)
Rights Unsecured. The Recipient shall have only II-VI’s unfunded, unsecured promise to pay pursuant to the terms of this Agreement. The rights of the Recipient hereunder shall be that of a an unsecured general unsecured creditor of II-VI and the Recipient shall not have any security interest in any assets of II-VI.
Appears in 4 contracts
Samples: Performance Unit Award Agreement (Ii-Vi Inc), Performance Unit Award Agreement (Ii-Vi Inc), Restricted Share Unit Award Agreement (Ii-Vi Inc)
Rights Unsecured. The Recipient shall have only II-VI’s unfunded, unsecured promise to pay pursuant to the terms of this Agreement. The rights of the Recipient hereunder shall be that of a an unsecured general unsecured creditor of II-VI and the Recipient shall not have any security interest in any assets of IIIX-VI.XX. 00 (XXXXX) August 2000 XXXX Xxxxxxxxxxx Xxxx Xxxxx Xxxxxxxxx - 000000
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Rights Unsecured. The Recipient shall have only II-VI’s unfunded, unsecured promise to pay pursuant to the terms of this Agreement. The rights of the Recipient hereunder shall be that of a general unsecured creditor of II-VI and the Recipient shall not have any security interest in any assets of II-VI.
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