Common use of Unsecured Promise Clause in Contracts

Unsecured Promise. The RSUs will at all times prior to settlement represent an unsecured Company obligation payable only from the Company’s general assets.

Appears in 10 contracts

Samples: Employment Agreement (Oscar Health, Inc.), Restricted Stock Unit Agreement (Cleanspark, Inc.), Restricted Share Unit Grant Notice (F-Star Therapeutics, Inc.)

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Unsecured Promise. The RSUs and Dividend Equivalents will at all times prior to settlement represent an unsecured Company obligation payable only from the Company’s general assets.

Appears in 5 contracts

Samples: Founder Rsu Agreement (Guardant Health, Inc.), Global Restricted Stock Unit Agreement (Kla Corp), Performance Vesting Restricted Stock Unit Grant Notice (Switch, Inc.)

Unsecured Promise. The RSUs and Distribution Equivalents will at all times prior to settlement represent an unsecured Company obligation payable only from the Company’s general assets.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (BioXcel Therapeutics, Inc.)

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Unsecured Promise. The RSUs will at all times prior to settlement represent an unsecured Company obligation payable only from the Company’s general assets.. ARTICLE

Appears in 1 contract

Samples: Employment Agreement (Bird Global, Inc.)

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