Unfunded Status. The Stock Units and the Account to which they are credited are intended to constitute and at all times shall be interpreted and administered so as to qualify as an unfunded deferred compensation arrangement for a select group of management of the Company under the Employee Retirement Income Security Act of 1974, as amended. Your settlement rights pursuant to this Agreement shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 11 contracts
Samples: Restricted Stock Unit Agreement (MAGELLAN GOLD Corp), Restricted Stock Unit Agreement (MAGELLAN GOLD Corp), Restricted Stock Unit Agreement (MAGELLAN GOLD Corp)
Unfunded Status. The Restricted Stock Units and the Account to which they are credited are intended to constitute and at all times shall be interpreted and administered so as to qualify as an unfunded deferred compensation arrangement for a select group of management of the Company under the Employee Retirement Income Security Act of 1974, as amended. Your settlement rights pursuant to this Agreement shall be no greater than the right of any unsecured general creditor of the Company.
Appears in 5 contracts
Samples: Deferred Restricted Stock Unit Award Agreement (Fti Consulting Inc), Restricted Stock Unit Agreement (Fti Consulting Inc), Restricted Stock Unit Agreement (Fti Consulting Inc)
