Unsecured Creditor Status. This grant of Restricted Share Units constitutes a mere promise by the Company to pay you the benefits described in this grant (to the extent vested). You shall have the status of a general unsecured creditor of the Company with respect to the benefits payable under this grant.
Appears in 5 contracts
Samples: Restricted Share Unit Agreement (Energy Partners LTD), Restricted Share Unit Agreement (Energy Partners LTD), Restricted Share Unit Agreement (Energy Partners LTD)