Limitation on Obligations of the Company. All obligations of the Company arising under or as a result of this Plan or Options granted hereunder shall constitute the general unsecured obligations of the Company, and not of the Board of Directors of the Company, any member thereof, the Committee, any member thereof, any officer of the Company, or any other person or any Subsidiary, and none of the foregoing, except the Company, shall be liable for any debt, obligation, cost or expense hereunder.
Appears in 7 contracts
Samples: Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp)
Limitation on Obligations of the Company. All obligations of the Company arising under or as a result of this Plan or Stock Options granted hereunder shall constitute the general unsecured obligations of the Company, and not of the Board of Directors of the Company, any member thereof, the Stock Option Committee, any member thereof, any officer of the Company, or any other person or any Subsidiary, and none of the foregoing, except the Company, shall be liable for any debt, obligation, cost or expense hereunder.
Appears in 1 contract
Samples: CVB Financial Corp
Limitation on Obligations of the Company. All obligations of the Company arising under or as a result of this Plan or the Options granted hereunder shall constitute the general unsecured obligations of the Company, and not of the Board of Directors of the Company, any member thereof, the Committee, any member thereof, any officer of the Company, or any other person or any Subsidiary, and none of the foregoing, except the Company, shall be liable for any debt, obligation, cost or expense hereunder.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Approved Financial Corp)
Limitation on Obligations of the Company. All obligations of the Company Corporation arising under or as a result of this Plan or Options options granted hereunder shall constitute the general unsecured obligations of the Company, and not of the Board of Directors of the CompanyCorporation, any member thereof, the Committeecommittee, any member thereof, any officer of the CompanyCorporation, or any other person or any Subsidiary, and none of the foregoing, except the CompanyCorporation, shall be liable for any debt, obligation, cost or expense hereunder.
Appears in 1 contract
Samples: Stock Appreciation Rights Agreement (Approved Financial Corp)
