Unfunded Arrangement. This Agreement and the Plan shall not give a Executive any security or other interest in any assets of the Company; rather the Executive’s right to the Award is that of a general unsecured creditor of the Company.
Appears in 6 contracts
Samples: Award Agreement (Vanguard Natural Resources, LLC), Restricted Unit Award Agreement (Vanguard Natural Resources, LLC), Restricted Unit Award Agreement (Vanguard Natural Resources, LLC)
Unfunded Arrangement. This Agreement and the Plan shall not give a Executive any security or other interest in any assets of the Company; rather the Executive’s right to the Award is that of a general unsecured creditor of the Company.
Appears in 6 contracts
Samples: Award Agreement (Vanguard Natural Resources, LLC), Award Agreement (Vanguard Natural Resources, LLC), Restricted Unit Award Agreement (Vanguard Natural Resources, LLC)
Unfunded Arrangement. This Agreement and the Plan shall not give a an Executive any security or other interest in any assets of the Company; rather the Executive’s right to the Award is that of a general unsecured creditor of the Company.
Appears in 3 contracts
Samples: Award Agreement (Vanguard Natural Resources, LLC), Award Agreement (Vanguard Natural Resources, LLC), Award Agreement (Vanguard Natural Resources, LLC)
