Unfunded Plan. The Plan, insofar as it provides for a Grant or an Award of Phantom Stock, is not required to be funded, and the Company shall not be required to segregate any assets that may at any time be represented by a Grant or an Award of Phantom Stock under this Plan.
Appears in 5 contracts
Samples: 2000 Stock Incentive Plan (Hilb Rogal & Hamilton Co /Va/), 2000 Stock Incentive Plan (Landamerica Financial Group Inc), 2002 Executive Stock Plan (Universal Corp /Va/)
Unfunded Plan. The Plan, insofar as it provides for a Grant or an Award award of Phantom Stock, is not required to be funded, and the Company shall not be required to segregate any assets that may at any time be represented by a Grant or an Award award of Phantom Stock under this Plan.
Appears in 4 contracts
Samples: Stock Incentive Plan (Southern National Bancorp of Virginia Inc), Stock Incentive Plan (Eagle Financial Services Inc), Incentive Plan (Southern Community Financial Corp.)
Unfunded Plan. The Plan, insofar as it provides for a Grant or for an Award award of Phantom Stock, is not required to be funded, and the Company shall not be required to segregate any assets that may be represented at any time be represented by a Grant or by an Award award of Phantom Stock under this the Plan.
Appears in 3 contracts
Samples: 1996 Stock Incentive Plan (Open Plan Systems Inc), 1996 Stock Incentive Plan (Open Plan Systems Inc), 1996 Stock Incentive Plan (Open Plan Systems Inc)
Unfunded Plan. The Plan, insofar as it provides for a Grant or an Award award of Phantom Stock, is not required to be funded, and the Company shall not be required to segregate any assets that may at any time be represented by a Grant or an Award of Phantom Stock under this Plan.
Appears in 3 contracts
Samples: 1991 Stock Incentive Plan (Landamerica Financial Group Inc), 1991 Stock Incentive Plan (Lawyers Title Corp), 1991 Stock Incentive Plan (Landamerica Financial Group Inc)
