Common use of Unfunded Benefits Clause in Contracts

Unfunded Benefits. All compensation and other benefits payable to the Executive under this Agreement will be unfunded, and neither the Company nor any Affiliate of the Company will segregate any assets to satisfy any obligation of the Company under this Agreement. The obligations of the Company to the Executive are not the subject of any guarantee or other assurance of any Person other than the Company.

Unfunded Benefits. All compensation and other benefits payable to the Executive under this Agreement will be unfunded, and neither the Company company nor any Affiliate affiliate of the Company will segregate any assets to satisfy any obligation of the Company under this Agreement. The obligations of the Company to the Executive are not the subject of any guarantee or other assurance of any Person other than the Company.

Unfunded Benefits. All compensation and other benefits payable to the Executive under this Agreement will be unfunded, and neither the Company nor any Affiliate affiliate of the Company will segregate any assets to satisfy any obligation of the Company under this Agreement. The obligations of the Company to the Executive are not the subject of any guarantee or other assurance of any Person other than the Company.

Unfunded Benefits. All compensation and other benefits payable to the Executive executive under this Agreement will be unfunded, and neither the Company nor any Affiliate of the Company will segregate any assets to satisfy any obligation of the Company under this Agreement. The obligations of the Company to the Executive are not the subject of any guarantee or other assurance of any Person other than the Company.