Common use of Unfunded Benefits Clause in Contracts

Unfunded Benefits. Nothing in this Agreement shall be construed as requiring the Company to segregate, earmark, purchase or otherwise set aside or fund any investment or contract to secure its obligations under this Agreement. The rights of the Participant hereunder shall be those of a general unsecured creditor of the Company.

Appears in 8 contracts

Samples: Employment Agreement (CSK Auto Corp), Restricted Stock Agreement (CSK Auto Corp), Restricted Stock Agreement (CSK Auto Corp)

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