Common use of Unfunded Status Clause in Contracts

Unfunded Status. The Performance Units and the bookkeeping account to which they are credited shall not be deemed to create a trust or other funded arrangement. Your rights with respect to the Award shall be those of a general unsecured creditor of the Company, and under no circumstances shall you have any other interest in any asset of the Company by virtue of the Award.

Appears in 3 contracts

Samples: Performance Restricted Stock Unit Award Agreement (Fti Consulting Inc), Cash Based Performance Award Agreement (Fti Consulting Inc), Cash Based Performance Award Agreement (Fti Consulting Inc)

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Unfunded Status. The Performance Units and the bookkeeping account to which they are credited shall not be deemed to create a trust or other funded arrangement. Your rights with respect to the Award shall be those of a general unsecured creditor of the Company, and under no circumstances shall you have any other interest in any asset of the Company by virtue of the Award.. 2017 Omnibus Incentive Compensation Plan Cash-Based Performance Award Agreement

Appears in 1 contract

Samples: Cash Based Performance Award Agreement (Fti Consulting Inc)

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Unfunded Status. The Performance Units and the bookkeeping account to which they are credited shall not be deemed to create a trust or other funded arrangement. Your rights with respect to the Award shall be those of a general unsecured creditor of the Company, and under no circumstances shall you have any other interest in any asset of the Company by virtue of the Award.

Appears in 1 contract

Samples: Cash Unit Award Agreement (Fti Consulting Inc)

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