Common use of SOURCE OF PAYMENTS Clause in Contracts

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 79 contracts

Samples: Employment Agreement (Atp Oil & Gas Corp), Employment Agreement, Employment Agreement (Tesoro Corp /New/)

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SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 45 contracts

Samples: Employment Agreement (Vonage Holdings Corp), Employment Agreement (Bare Escentuals Inc), Employment Agreement (Vonage Holdings Corp)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan or agreement which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 39 contracts

Samples: Employment Agreement (Northern Oil & Gas, Inc.), Employment Agreement (Northern Oil & Gas, Inc.), Employment Agreement (Northern Oil & Gas, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, Agreement shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 35 contracts

Samples: Change of Control Agreement (LKQ Corp), Change of Control Agreement (LKQ Corp), Change of Control Agreement (LKQ Corp)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the CompanyCorporation, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company Corporation may make to aid the Company Corporation in meeting its obligations hereunder. To the extent that any person acquires a right to receive Any payments from the Company hereunder, such right provided under this Agreement shall be no greater than the right of treated as amounts owed to an unsecured creditor of the CompanyCorporation.

Appears in 20 contracts

Samples: Employment Agreement (Amplitude Healthcare Acquisition Corp), Employment Agreement (GoodRx Holdings, Inc.), Employment Agreement (GoodRx Holdings, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 14 contracts

Samples: Retention Agreement (Dollar Tree Inc), Retention Agreement (Dollar Tree Inc), Retention Agreement (Dollar Tree Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. Executive The Employee shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 13 contracts

Samples: Employment Agreement (Imax Corp), Employment Agreement (Imax Corp), Employment Agreement (Imax Corp)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive Employee shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 11 contracts

Samples: Employment Agreement (Waste Management Inc), Employment Agreement (Waste Management Inc), Employment Agreement (Biomoda Inc/Nm)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 10 contracts

Samples: Employment Agreement (Intapp, Inc.), Employment Agreement (Intapp, Inc.), Employment Agreement (Intapp, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 8 contracts

Samples: Employment Agreement (Ceres, Inc.), Employment Agreement (Ceres, Inc.), Employment Agreement (Ceres, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds assets of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 7 contracts

Samples: Employment Agreement (United Homes Group, Inc.), Employment Agreement (Bespoke Tricycles Inc), Employment Agreement (United Homes Group, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the CompanyCompany Group, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company Group may make to aid the Company Group in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company Group hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 6 contracts

Samples: Employment Agreement (Microvast Holdings, Inc.), Employment Agreement (Microvast Holdings, Inc.), Employment Agreement (Microvast Holdings, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunderunder this Agreement. To the extent that any person acquires a right to receive payments from the Company hereunderunder this Agreement, such right shall be no greater than the right of an unsecured creditor of the CompanyCompany and its affiliates.

Appears in 5 contracts

Samples: Employment Agreement (Covanta Energy Corp), Employment Agreement (Ogden Corp), Employment Agreement (Ogden Corp)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 5 contracts

Samples: Employment Agreement (American Axle & Manufacturing Holdings Inc), Amended and Restated (American Axle & Manufacturing Holdings Inc), Employment Agreement (American Axle & Manufacturing Holdings Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which that the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 3 contracts

Samples: Employment Agreement (SafeNet Holding Corp), Employment Agreement (SafeNet Holding Corp), Employment Agreement (SafeNet Holding Corp)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 3 contracts

Samples: Retention Agreement (Adobe Systems Inc), Retention Agreement (Adobe Systems Inc), Employment Agreement (Virtual Reality Inc/)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds assets of the CompanyCompany or its affiliates, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 3 contracts

Samples: Form of Employment Agreement (Griffin Capital Essential Asset REIT, Inc.), Employment Agreement (Griffin Capital Essential Asset REIT, Inc.), Employment Agreement (Griffin Capital Essential Asset REIT, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive The Employee shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.right

Appears in 2 contracts

Samples: Employment Agreement (Getty Images Inc), Lease (Getty Images Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 2 contracts

Samples: Retention Agreement (Panamsat Corp /New/), Retention Agreement (Panamsat Corp /New/)

SOURCE OF PAYMENTS. All payments provided for under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (ADC Therapeutics SA)

SOURCE OF PAYMENTS. All payments provided for under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.meeting

Appears in 1 contract

Samples: Executive Employment Agreement (ADC Therapeutics SA)

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SOURCE OF PAYMENTS. All payments provided under this Agreement, Agreement (other than payments made pursuant to a plan which provides otherwise, otherwise or as otherwise expressly provided hereunder) shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Retirement and Employment Agreement (Mpower Communications Corp)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunderunder this Agreement. To the extent that any person acquires a right to receive payments from the Company hereunderunder this Agreement, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (Fastnet Corp)

SOURCE OF PAYMENTS. All payments provided under this Agreement, ------------------ other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Kollmorgen Corp

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, shall be made to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (Vemanti Group, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.to

Appears in 1 contract

Samples: Restricted Employment Agreement (Dycom Industries Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which that provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Altice USA, Inc.)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a benefit plan which provides may provide otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. The Executive shall have no right, title or interest whatever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunderNothing contained in this Agreement, such right shall be and no greater than the right of an unsecured creditor of the Company.action taken

Appears in 1 contract

Samples: Agreement (American National Can Group Inc)

SOURCE OF PAYMENTS. All payments provided for under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Executive shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. 13.

Appears in 1 contract

Samples: Employment Agreement (ADC Therapeutics SA)

SOURCE OF PAYMENTS. All payments provided under this Agreement, Agreement (other than payments made pursuant to a plan which provides otherwiseotherwise or as otherwise expressly provided hereunder), shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (Olympic Entertainment Group Inc /Nv/)

SOURCE OF PAYMENTS. All payments provided under this Letter Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: ekeiyaku.net

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive You shall have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Employment Agreement (Sun Healthcare Group Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it in meeting its obligations hereunder. To the extent that any person acquires a right to receive payments from the 45 Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: Retention Agreement (Apple Computer Inc)

SOURCE OF PAYMENTS. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets made, to assure payment. Executive shall You will have no right, title or interest whatever whatsoever in or to any investments which the Company may make to aid the Company it is meeting in meeting its obligations hereunder. To the extent that any person acquires acquire a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company.

Appears in 1 contract

Samples: New Millennium Media International Inc

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