United States Uses in Plan Funding Clause

Plan Funding from Amended and Restated

Plan Funding. The Company will pay all Severance Benefits due and owing under the Plan directly out of its general assets. To the extent that an Executive acquires a right to receive Severance Benefits under the Plan, such right shall be no greater than the right of an unsecured general creditor of the Company. Nothing herein contained shall require or be deemed to require, or prohibit or be deemed to prohibit, the Company to segregate, earmark, or otherwise set aside any funds or other assets, in trust or otherwise, to provide for any Severance Benefits hereunder.

Plan Funding from Severance Plan

Plan Funding. The Company will pay all Severance Benefits due and owing under the Plan directly out of its general assets. To the extent that an Executive acquires a right to receive Severance Benefits under the Plan, such right shall be no greater than the right of an unsecured general creditor of the Company. Nothing herein contained shall require or be deemed to require, or prohibit or be deemed to prohibit, the Company to segregate, earmark, or otherwise set aside any funds or other assets, in trust or otherwise, to provide for any Severance Benefits hereunder.