Source of Payment. Nothing herein shall be construed as establishing a trust or as requiring the Company to set aside funds to meet its obligations hereunder. Notwithstanding the foregoing, if the Board in its discretion so determines, the Company may establish a so-called “rabbi trust” or similar arrangement to assist it in meeting any such obligations that it may have.
Appears in 7 contracts
Samples: Change in Control & Severance Benefit Agreement (American Science & Engineering, Inc.), Severance Benefit & Change in Control Agreement (American Science & Engineering, Inc.), Change in Control & Severance Benefit Agreement (American Science & Engineering, Inc.)
Source of Payment. Nothing herein shall be construed as establishing a trust or as requiring the Company to set aside funds to meet its obligations hereunder. Notwithstanding the foregoing, if the Board in its sole discretion so determines, determines the Company may establish a so-called “rabbi trust” or similar arrangement to assist it in meeting any such obligations that it may have.
Appears in 5 contracts
Samples: Change in Control Severance Agreement, Change in Control Severance Agreement (Mercury Computer Systems Inc), Change in Control Severance Agreement (Mercury Computer Systems Inc)
Source of Payment. Nothing herein shall be construed as establishing a ----------------- trust or as requiring the Company to set aside funds to meet its obligations hereunder. Notwithstanding the foregoing, if the Board in its discretion so determines, determines the Company may establish a so-called “"rabbi trust” " or similar arrangement to assist it in meeting any such obligations that it may have.
Appears in 2 contracts
Samples: Change in Control Agreement (Riverstone Networks Inc), Change in Control Agreement (Cabletron Systems Inc)
