Common use of VESTING TRUST Clause in Contracts

VESTING TRUST. At Executive's option, the Companies shall establish a vesting trust into which the Companies shall, to the extent economically feasible, contribute and/or pledge assets to secure their severance obligations to Executive under this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Ich Corp /De/), Employment Agreement (Ich Corp /De/), Employment Agreement (Ich Corp /De/)

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VESTING TRUST. At Executive's option, the Companies Company shall establish a vesting trust into which the Companies Company shall, to the extent economically feasible, contribute and/or pledge assets to secure their its severance obligations to Executive under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Naturewell Inc), Employment Agreement (Naturewell Inc), Employment Agreement (Naturewell Inc)

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VESTING TRUST. At Executive's ’s option, the Companies shall establish a vesting trust into which the Companies shall, to the extent economically feasible, contribute and/or pledge assets to secure their severance obligations to Executive under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Ich Corp /De/), Employment Agreement (Ich Corp /De/)

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