SOURCE OF PAYMENTS. All payments provided under this Agreement 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. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid 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 36 contracts
Samples: Change of Control Agreement (LKQ Corp), Change of Control Agreement (LKQ Corp), Change of Control Agreement (LKQ Corp)
SOURCE OF PAYMENTS. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment. You will have no rightNo trust or fiduciary relationship with respect to payments shall be deemed created hereby and, title or interest whatsoever in or to any investments which the Company may make to aid 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 rights of an unsecured a general creditor of the Company.
Appears in 14 contracts
Samples: Employment Agreement (Universal Stainless & Alloy Products Inc), Employment Agreement (Universal Stainless & Alloy Products Inc), Employment Agreement (Universal Stainless & Alloy Products Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement 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. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid 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 11 contracts
Samples: Employment Agreement (Intapp, Inc.), Transition and Advisory Agreement (Intapp, Inc.), Employment Agreement (Intapp, Inc.)
SOURCE OF PAYMENTS. All payments provided under this Agreement 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. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid 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 4 contracts
Samples: Retention Agreement, Retention Agreement (Adobe Systems Inc), Retention Agreement (Adobe Systems Inc)
SOURCE OF PAYMENTS. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets madeshall be made to assure payment unless specifically permitted herein. No trust or fiduciary relationship with respect to payments shall be deemed created hereby and, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid 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 rights of an unsecured a general creditor of the Company.
Appears in 3 contracts
Samples: Employment Agreement (Universal Stainless & Alloy Products Inc), Employment Agreement (Universal Stainless & Alloy Products Inc), Employment Agreement (Universal Stainless & Alloy Products Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement 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. You will have no right, title or interest whatsoever in or to any investments which that the Company may make to aid 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: Change of Control Retention Agreement (Bedford Property Investors Inc/Md), Retention Agreement (Bedford Property Investors Inc/Md)
SOURCE OF PAYMENTS. All payments provided under this Agreement 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. You will The Employee shall have no right, title or interest whatsoever whatever in or to any investments which the Company may make to aid it 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.right
Appears in 2 contracts
Samples: Lease Agreement (Getty Images Inc), Employment Agreement (Getty Images Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, made to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires acquired 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 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. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid 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 an than the right of an unsecured creditor of the Company.
Appears in 1 contract
SOURCE OF PAYMENTS. All payments provided under this Agreement 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. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the 45 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 shall be paid in cash from the general funds of the Company, and no special or separate fund shall be pal established, and no other segregation of assets made, to assure payment. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right night shall be no greater than the right of an unsecured creditor of the Company.
Appears in 1 contract
SOURCE OF PAYMENTS. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment. You will have no rightNo trust or fiduciary relationship with respect to payments shall be deemed created hereby and, title or interest whatsoever in or to any investments which the Company may make to aid 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 rights of an unsecured a general creditor of the Company.. Xxxxx Empl_Agmt
Appears in 1 contract
Samples: Employment Agreement (Universal Stainless & Alloy Products Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement Agreement, other than payments made pursuant to a plan that 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. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid 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 for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment, unless specifically permitted herein. You will have no rightNo trust or fiduciary relationship with respect to payments shall be deemed created hereby and, title or interest whatsoever in or to any investments which the Company may make to aid 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 rights of an unsecured a general creditor of the Company.
Appears in 1 contract
Samples: Employment Agreement (Universal Stainless & Alloy Products Inc)
SOURCE OF PAYMENTS. All payments provided under this Agreement 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. You will have no right, title or interest whatsoever in or to any investments which the Company may make to aid it is meeting in meeting its obligations hereunder. To the extent that any person acquires acquire 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: Employment Agreement (New Millennium Media International Inc)
SOURCE OF PAYMENTS. 8.1. All payments provided for under this Agreement shall be paid in cash from the general funds of the Company, Company and no special or separate fund shall be established, established and no other segregation of assets made, shall be made to assure payment. You will have no rightNo trust or fiduciary relationship with respect to payments shall be deemed created hereby and, title or interest whatsoever in or to any investments which the Company may make to aid 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 rights of an unsecured a general creditor of the Company.
Appears in 1 contract
Samples: Employment Agreement (Universal Stainless & Alloy Products Inc)