SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 80 contracts
Samples: Employment Agreement, Employment Agreement (Waste Management Inc), Employment Agreement (Waste Management Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 49 contracts
Samples: Employment Agreement (Dycom Industries Inc), Employment Agreement (Dycom Industries Inc), Employment Agreement (Jetblue Airways Corp)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan or agreement which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 41 contracts
Samples: Employment Agreement (Northern Oil & Gas, Inc.), Employment Agreement (Northern Oil & Gas, Inc.), Employment Agreement (Northern Oil & Gas, Inc.)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 14 contracts
Samples: Retention Agreement (Dollar Tree Inc), Retention Agreement (Dollar Tree Inc), Retention Agreement (Dollar Tree Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. Executive The Employee shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 13 contracts
Samples: Employment Agreement (Dycom Industries Inc), Employment Agreement (Imax Corp), Employment Agreement (SWK Holdings Corp)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive Employee shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 12 contracts
Samples: Employment Agreement (bioAffinity Technologies, Inc.), Employment Agreement (Waste Management Inc), Employment Agreement (Biomoda Inc/Nm)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds assets of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 7 contracts
Samples: Employment Agreement (United Homes Group, Inc.), Employment Agreement (United Homes Group, Inc.), Employment Agreement (United Homes Group, Inc.)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 5 contracts
Samples: Employment Agreement (American Axle & Manufacturing Holdings Inc), Employment Agreement (American Axle & Manufacturing Holdings Inc), Employment Agreement (American Axle & Manufacturing Holdings Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunderunder this Agreement. To the extent that any person acquires a right to receive payments from the Company hereunderunder this Agreement, such right shall be no greater than the right of an unsecured creditor of the CompanyCompany and its affiliates.
Appears in 5 contracts
Samples: Employment Agreement (Ogden Corp), Employment Agreement (Covanta Energy Corp), Employment Agreement (Ogden Corp)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan or agreement which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person Person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 5 contracts
Samples: Employment Agreement (Actuate Therapeutics, Inc.), Employment Agreement (Actuate Therapeutics, Inc.), Employment Agreement (Actuate Therapeutics, Inc.)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which that the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 3 contracts
Samples: Employment Agreement (SafeNet Holding Corp), Employment Agreement (SafeNet Holding Corp), Employment Agreement (SafeNet Holding Corp)
SOURCE OF PAYMENTS. All payments provided for under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 2 contracts
Samples: Executive Employment Agreement (ADC Therapeutics SA), Executive Employment Agreement (ADC Therapeutics SA)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 2 contracts
Samples: Retention Agreement (Panamsat Corp /New/), Retention Agreement (Panamsat Corp /New/)
SOURCE OF PAYMENTS. All payments provided under this Agreement, Agreement (other than payments made pursuant to a plan which provides otherwise, otherwise or as otherwise expressly provided hereunder) shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 2 contracts
Samples: Employment Agreement (Pathmark Stores Inc), Employment Agreement (Pathmark Stores Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement, ------------------ other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 1 contract
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunderunder this Agreement. To the extent that any person acquires a right to receive payments from the Company hereunderunder this Agreement, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 1 contract
Samples: Employment Agreement (Fastnet Corp)
SOURCE OF PAYMENTS. All payments provided required under this Agreement, other than payments made pursuant to a plan which provides otherwise, Agreement shall be paid from the general funds of the Company, and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment. Executive Employee shall have no right, title title, or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 1 contract
Samples: Asset Purchase Agreement (Rocky Mountain Internet Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, shall be made to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 1 contract
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a benefit plan which provides may provide otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. The Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunderNothing contained in this Agreement, such right shall be and no greater than the right of an unsecured creditor of the Company.action taken
Appears in 1 contract
Samples: Executive Agreement (American National Can Group Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement, Agreement (other than payments made pursuant to a plan which provides otherwise, otherwise or as otherwise expressly provided hereunder) shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 1 contract
Samples: Retirement and Employment Agreement (Mpower Communications Corp)
SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive You shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.
Appears in 1 contract
