Unsecured Creditor. To the extent that any Participant or his executor, administrator or other personal representative, as the case may be, acquires a right to receive any payment from Holding pursuant to this Plan, such right shall be no greater than the right of an unsecured general creditor of Holding.
Appears in 4 contracts
Samples: Employment Agreement (Ws Financing Corp), Employment Agreement (Ws Financing Corp), Employment Agreement (Worldspan BBN Holdings LLC)
Unsecured Creditor. To the extent that any Participant the Employee or his executor, administrator or other personal representative, as the case may be, acquires a right to receive any payment from Holding Holdings pursuant to this PlanAgreement, such right shall be no greater than the right of an unsecured general creditor of HoldingHoldings.
Appears in 3 contracts
Samples: Exchange Stock Option Agreement (IAA Acquisition Corp.), Conversion Stock Option Agreement (Adesa California, LLC), Rollover Stock Option Agreement (Adesa California, LLC)
Unsecured Creditor. To the extent that any Participant the Employee or his executor, administrator or other personal representative, as the case may be, acquires a right to receive any payment from Holding pursuant to this PlanAgreement, such right shall be no greater than the right of an unsecured general creditor of Holding.
Appears in 3 contracts
Samples: Rollover Stock Option Agreement (Del Pharmaceuticals, Inc.), Rollover Stock Option Agreement (Del Pharmaceuticals, Inc.), Rollover Stock Option Agreement (Del Pharmaceuticals, Inc.)
Unsecured Creditor. To the extent that any Participant the Employee or his executor, administrator or other personal representative, as the case may be, acquires a right to receive any payment from Holding the Company pursuant to this PlanAgreement, such right shall be no greater than the right of an unsecured general creditor of Holdingthe Company.
Appears in 1 contract
Samples: Exchange Stock Option Agreement (EPL Intermediate, Inc.)
Unsecured Creditor. To the extent that any Participant or his executor, administrator or other personal representative, as the case may be, acquires a right to receive any payment from Holding the Company pursuant to this Plan, such right shall be no greater than the right of an unsecured general creditor of Holdingthe Company.
Appears in 1 contract
