Common use of Benefits Unfunded Clause in Contracts

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 Fidelity or any Affiliate for payment of any amounts due hereunder. The Executive and Beneficiaries will have only the rights of general unsecured creditors of Fidelity.

Appears in 18 contracts

Samples: Executive Continuity Agreement (Fidelity Southern Corp), Executive Continuity Agreement (Fidelity Southern Corp), Executive Continuity Agreement (Fidelity Southern Corp)

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Benefits Unfunded. All rights under this Agreement of the Executive and Beneficiaries will shall at all times be entirely unfunded, and no provision will prevision shall at any time be made with respect to segregating any assets of Fidelity or any Affiliate the Company for payment of any amounts due hereunder. The Executive and Beneficiaries will shall have only the rights of general unsecured creditors of Fidelitythe Company.

Appears in 1 contract

Samples: Employment Continuity Agreement (Boe Financial Services of Virginia Inc)

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