Benefits Unfunded. All rights under this Agreement of the Executive and Beneficiaries will at all times be entirely unfunded, and no provision will at any time be made with respect to segregating any assets of Jefferson for payment of any amounts due hereunder. The Executive and Beneficiaries will have only the rights of general unsecured creditors of Jefferson.
Appears in 4 contracts
Samples: Executive Continuity Agreement (Jefferson Bankshares Inc), Executive Continuity Agreement (Jefferson Bankshares Inc), Executive Continuity Agreement (Jefferson Bankshares Inc)