Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries), and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).
Appears in 68 contracts
Samples: Change of Control Agreement (Key Energy Services Inc), Change of Control Agreement (Key Energy Services Inc), Change of Control Agreement (Key Energy Services Inc)
Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries)Company, and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries)Company.
Appears in 16 contracts
Samples: Severance Agreement (Kansas City Southern), Severance Agreement (Kansas City Southern), Employment Agreement (Cobalt International Energy, Inc.)
Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries)Company, and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).
Appears in 12 contracts
Samples: Severance Agreement (Marine Drilling Companies Inc), Severance Agreement (Marine Drilling Companies Inc), Severance Agreement (Marine Drilling Companies Inc)
Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries)Company, and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiariesany Affiliate).
Appears in 4 contracts
Samples: Severance Agreement (Doane Pet Care Co), Severance Agreement (Doane Pet Care Co), Severance Agreement (Doane Pet Care Co)
Unfunded Obligation. The Except as expressly provided otherwise in this Agreement, the obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries)Company, and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of Adecco, the Company (including its or any of their subsidiaries).
Appears in 3 contracts
Samples: Separation, Consulting and Non Competition Agreement (Olsten Corp), Separation, Consulting and Non Competition Agreement (Olsten Corp), Separation, Consulting and Non Competition Agreement (Olsten Corp)
Unfunded Obligation. The obligation to pay amounts under this ------------------- Agreement is an unfunded obligation of the Company (including its subsidiaries), and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).
Appears in 1 contract
Unfunded Obligation. The obligation to pay amounts under this -------------------- Agreement is an unfunded obligation of the Company (including its subsidiaries), and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).
Appears in 1 contract
