Unfunded Status of the Plan. The Plan is intended to constitute an “unfunded” plan for incentive compensation. With respect to any payments not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any rights that are greater than those of a general creditor of the Company or any Subsidiary.
Appears in 10 contracts
Samples: Employment Agreement (Barnes & Noble Inc), Employment Agreement (Barnes & Noble Inc), Employment Agreement (Barnes & Noble Inc)
Unfunded Status of the Plan. The Plan is intended to constitute an “"unfunded” plan for incentive compensation" plan. With respect to any payments not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any rights that are greater than those of a general creditor of the Company or any SubsidiaryCompany.
Appears in 2 contracts
Samples: Letter of Agreement (Northwest Airlines Corp), Letter of Agreement (Northwest Airlines Corp)
Unfunded Status of the Plan. The Plan is intended to constitute an “unfunded” plan for incentive and deferred compensation. With respect to any payments not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any rights that are greater than those of a general creditor of the Company or any Subsidiary.
Appears in 1 contract
Unfunded Status of the Plan. The Plan is intended to constitute an “unfunded” plan for incentive compensationplan. With respect to any payments not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any rights that are greater than those of a general creditor of the Company or any SubsidiaryCompany.
Appears in 1 contract
Samples: Bridge Letter of Agreement (Northwest Airlines Corp)
