Unfunded and Unsecured Status. To the extent that the Executive becomes entitled to receive any payments from the Company hereunder, such right shall be unfunded and unsecured and payable out of the general assets of the Company as and when such amounts are payable hereunder.
Appears in 37 contracts
Samples: Executive Severance Agreement (Altair Engineering Inc.), Executive Severance Agreement (Altair Engineering Inc.), Executive Severance Agreement (Altair Engineering Inc.)