Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries), and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).
Appears in 68 contracts
Samples: Severance Agreement (Lone Pine Resources Inc.), Change of Control Agreement (Key Energy Services Inc), Change of Control Agreement (Key Energy Services Inc)
Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries)Company, and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries)Company.
Appears in 16 contracts
Samples: Employment Agreement (Cobalt International Energy, Inc.), Employment Agreement (Cobalt International Energy, Inc.), Employment Agreement (Kosmos Energy Ltd.)
Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries)Company, and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).
Appears in 9 contracts
Samples: Severance Agreement (Marine Drilling Companies Inc), Severance Agreement (Marine Drilling Companies Inc), Severance Agreement (Marine Drilling Companies Inc)
Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries)Company, and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiariesany Affiliate).
Appears in 4 contracts
Samples: Change in Control Severance Agreement (Doane Pet Care Co), Change in Control Severance Agreement (Doane Pet Care Co), Change in Control Severance Agreement (Doane Pet Care Co)
Unfunded Obligation. The obligation to pay amounts under this Agreement is an unfunded obligation of the Company (including its subsidiaries)Company, and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).. (l)
Appears in 3 contracts
Samples: Severance Agreement (Marine Drilling Companies Inc), Severance Agreement (Marine Drilling Companies Inc), Severance Agreement (Marine Drilling Companies Inc)
Unfunded Obligation. The obligation to pay amounts under this ------------------- Agreement is an unfunded obligation of the Company (including its subsidiaries), and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).
Appears in 1 contract
Unfunded Obligation. The obligation to pay amounts under this -------------------- Agreement is an unfunded obligation of the Company (including its subsidiaries), and no such obligation shall create a trust or be deemed to be secured by any pledge or encumbrance on any property of the Company (including its subsidiaries).
Appears in 1 contract
Samples: Control Separation Agreement (Da Consulting Group Inc)