Unfunded Plan. The Plan, insofar as it provides for a Grant, 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 under this Plan.
Appears in 7 contracts
Sources: Executive Stock Plan (Universal Corp /Va/), Executive Stock Plan (Universal Corp /Va/), Executive Stock Plan (Universal Corp /Va/)
Unfunded Plan. The Plan, insofar as it provides for a GrantGrant or an Award, 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 under this Plan.
Appears in 4 contracts
Sources: Stock Incentive Plan (Universal Corp /Va/), Stock Incentive Plan (Universal Corp /Va/), 2007 Stock Incentive Plan (Universal Corp /Va/)
Unfunded Plan. The Plan, insofar as it provides for a Grantgrants, 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 grants under this Plan.
Appears in 2 contracts
Sources: 1990 Executive Stock Plan (United Financial Banking Companies Inc), 1999 Executive Stock Plan (United Financial Banking Companies Inc)