Unfunded Agreement. The rights of the Participant under this Agreement with respect to the Company’s obligation to distribute Shares corresponding to vested Restricted Stock Units and the value of the Participant’s Cash Account, if any, shall be unfunded and shall not be greater than the rights of an unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Units Grant Agreement (World Fuel Services Corp), Restricted Stock Units Grant Agreement (World Fuel Services Corp)
Unfunded Agreement. The rights of the Participant under this Agreement with respect to the Company’s obligation to distribute Shares corresponding to vested Restricted Stock Units and the value of the Participant’s vested Cash Account, if any, shall be unfunded and shall not be greater than the rights of an unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Grant Agreement (World Fuel Services Corp), Restricted Stock Grant Agreement (World Fuel Services Corp)
Unfunded Agreement. The rights of the Participant under this Agreement with respect to the Company’s obligation to distribute Shares corresponding to vested Restricted Stock Units and the value of the Participant’s Cash Account, if any, shall be unfunded and shall not be greater than the rights of an unsecured general creditor of the Company.
Appears in 2 contracts
Samples: Restricted Stock Units Grant Agreement (World Fuel Services Corp), Restricted Stock Units Grant Agreement (World Fuel Services Corp)
Unfunded Agreement. The rights of the Participant under this Agreement with respect to the Company’s obligation to distribute Shares corresponding to vested Restricted Stock Units and the value of the Participant’s Cash Accountvested cash dividends, if any, shall be unfunded and shall not be greater than the rights of an unsecured general creditor of the Company.
Appears in 1 contract
Samples: Restricted Stock Grant Agreement (World Fuel Services Corp)
