Rights Unsecured. You will have only the Company’s unfunded, unsecured promise to pay pursuant to the Performance Share terms. Your rights will be that of an unsecured general creditor of the Company, and you will not have any security interest in any assets of the Company.
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Samples: Conditions Agreement (Home Depot, Inc.), Conditions Agreement (Home Depot, Inc.), Conditions Agreement (Home Depot, Inc.)
Rights Unsecured. You will have only the Company’s 's unfunded, unsecured promise to pay pursuant to the Performance Share terms. Your rights will be that of an unsecured general creditor of the Company, and you will not have any security interest in any assets of the Company.
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