Creditor Status. No benefit or promise hereunder shall be secured by any specific assets of the Company. Executive shall have only the rights of an unsecured general creditor of the Company in seeking satisfaction of such benefits or promises.
Appears in 42 contracts
Samples: Employment Agreement (OXBRIDGE RE HOLDINGS LTD), Employment Agreement (OXBRIDGE RE HOLDINGS LTD), Employment Agreement (Lm Funding America, Inc.)
Creditor Status. No benefit or promise hereunder shall be secured by any specific assets of the Company. The Executive shall have only the rights of an unsecured general creditor of the Company in seeking satisfaction of such benefits or promises.
Appears in 9 contracts
Samples: Employment Agreement (Wachovia Corp New), Employment Agreement (Wachovia Corp New), Employment Agreement (Wachovia Corp New)
