Common use of Funding Clause in Contracts

Funding. No assets or shares of Common Stock shall be segregated or earmarked by the Company in respect of any Units awarded hereunder. The grant of Units hereunder shall not constitute a trust and shall be solely for the purpose of recording an unsecured contractual obligation of the Company.

Appears in 64 contracts

Samples: Restricted Stock Unit Award Agreement (Motorola Inc), Restricted Stock Unit Award Agreement (Motorola Inc), Restricted Stock Unit Award Agreement (Motorola Inc)

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Funding. No assets or shares of Common Stock Shares shall be segregated or earmarked by the Company in respect of any Restricted Stock Units awarded hereunder. The grant of Restricted Stock Units hereunder shall not constitute a trust and shall be solely for the purpose of recording an unsecured contractual obligation of the Company.

Appears in 7 contracts

Samples: Restricted Stock Unit Award Agreement (Brightpoint Inc), Executive Restricted Stock (Brightpoint Inc), Executive Restricted Stock Unit Award Agreement (Brightpoint Inc)

Funding. No assets or shares of Common Stock Shares shall be segregated or earmarked by the Company in respect of any Units awarded hereunder. The grant of Units hereunder shall not constitute a trust and shall be solely for the purpose of recording an unsecured contractual obligation of the Company.

Appears in 5 contracts

Samples: Restricted Stock Unit Global Award Agreement (Motorola Mobility Holdings, Inc), Restricted Stock Unit Global Award Agreement (Motorola Mobility Holdings, Inc), Grants (Motorola Mobility Holdings, Inc)

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Funding. No assets or shares of Common Stock shall be segregated or earmarked by the Company in respect of any Restricted Stock Units awarded hereunder. The grant of Restricted Stock Units hereunder shall not constitute a trust and shall be solely for the purpose of recording an unsecured contractual obligation of the Company.

Appears in 1 contract

Samples: Restricted Stock (Applied Energetics, Inc.)

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