RESTRICTIONS UPON FUNDING. (a) The Bank shall have no obligation to set aside, earmark or entrust any fund or money with which to pay its obligations under this Agreement. The Executive, his beneficiaries or any successor in interest to him shall be and remain simply a general creditor of the Bank in the same manner as any other creditor having a general claim for matured and unpaid compensation.
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Samples: Agreement (Mahoning National Bancorp Inc), Agreement (Mahoning National Bancorp Inc), Agreement (Mahoning National Bancorp Inc)
RESTRICTIONS UPON FUNDING. (a) The Bank shall have no obligation to set aside, earmark or entrust any fund or money with which to pay its obligations under this AgreementExecutive Plan. The ExecutiveExecutives, his beneficiaries their beneficiary(ies), or any successor in interest to him shall be and remain simply a general creditor of the Bank in the same manner as any other creditor having a general claim for matured and unpaid compensation.. _________________________________
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Samples: Executive Deferred Compensation Agreement (Origin Bancorp, Inc.)
RESTRICTIONS UPON FUNDING. (a) The Bank shall have no obligation to set aside, earmark or entrust any fund or money with which to pay its obligations under this Executive Agreement. The Executive, his beneficiaries beneficiary(ies), or any successor in interest to him shall be and remain simply a general creditor of the Bank in the same manner as any other creditor having a general claim for matured and unpaid compensation.remain
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