Common use of Creditors’ Rights Clause in Contracts

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 38 contracts

Samples: 2005 Stock Incentive Plan (EGAIN Corp), Stock Incentive Plan (Invitae Corp), 2020 Stock Incentive Plan (Nikola Corp)

AutoNDA by SimpleDocs

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 20 contracts

Samples: Stock Option Agreement (Plus Therapeutics, Inc.), Cal-Maine Foods Inc, Plus Therapeutics, Inc.

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, Company subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 6 contracts

Samples: Business Combination Agreement (Pathfinder Acquisition Corp), Stock Option Agreement (Silvaco Group, Inc.), 2024 Stock Incentive Plan (Sow Good Inc.)

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Keyw Holding Corp), Employment Agreement (Keyw Holding Corp), Agreement and Plan of Merger (Enterprise Acquisition Corp.)

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 2 contracts

Samples: Nanogen Inc, Zilog Inc

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.. ​ ​ ​

Appears in 2 contracts

Samples: 2005 Stock Incentive Plan (EGAIN Corp), 2005 Stock Incentive Plan (EGAIN Corp)

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the CompanyCorporation. Stock Units represent an unfunded and unsecured obligation of the CompanyCorporation, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 2 contracts

Samples: Theravance Inc, Vignette Corp

Creditors’ Rights. A holder of Restricted Stock Units shall have no rights other than those of a general creditor of the Company. Restricted Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Restricted Stock Unit Award Agreement.

Appears in 2 contracts

Samples: Employee Stock Purchase Plan (Lucid Group, Inc.), Employee Stock Purchase Plan (Lucid Group, Inc.)

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement. SECTION 9.

Appears in 1 contract

Samples: Restricted Stock Agreement (Gentium S.p.A.)

Creditors’ Rights. A holder of Restricted Stock Units shall have no rights other than those of a general creditor of the Company. Restricted Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 1 contract

Samples: Term Incentive Plan (Under Armour, Inc.)

AutoNDA by SimpleDocs

Creditors’ Rights. A holder of Restricted Stock Units shall have no rights other than those of a general unsecured creditor of the Company. Restricted Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 1 contract

Samples: Dell Inc

Creditors’ Rights. A holder of Participant holding Stock Units shall have no rights thereby other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 1 contract

Samples: Silgan Holdings Inc

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.. VINCERA PHARMA, INC. 2020 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: 2020 Stock Incentive Plan (Vincera Pharma, Inc.)

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general unsecured creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.

Appears in 1 contract

Samples: BrightSpire Capital, Inc.

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Share Unit Award or Performance Unit Agreement.

Appears in 1 contract

Samples: Cutter & Buck Inc

Creditors’ Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock Unit Award Agreement.. VINCERX PHARMA, INC. 2020 STOCK INCENTIVE PLAN

Appears in 1 contract

Samples: 2020 Stock Incentive Plan (Vincerx Pharma, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.