Rights Unsecured. The Recipient shall have only Coherent’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 Coherent and the Recipient shall not have any security interest in any assets of Coherent.
Appears in 8 contracts
Samples: Inducement Award Agreement (Coherent Corp.), Inducement Award Agreement (Coherent Corp.), Restricted Share Unit (Coherent Corp.)
Rights Unsecured. The Recipient shall have only Coherent’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 Coherent and the Recipient shall not have any security interest in any assets of Coherent.. Coherent Corp. Inducement Award (Performance Share Units; CFO)
Appears in 1 contract
