Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 11 contracts
Samples: Newmarket Corp, 1999 Stock Option Plan (Cardinal Financial Corp), First Capital Bancorp, Inc.
Unfunded Plan. The Plan, insofar as it provides for grants, grants shall be unfunded, and neither the Company nor any Affiliate shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company or an Affiliate to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company or an Affiliate shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the CompanyCompany or an Affiliate.
Appears in 8 contracts
Samples: Cordia Bancorp Inc, First Bankshares, Inc., New Peoples Bankshares Inc
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants granted under this the Plan. Any liability of the Company to any person with respect to any grant under this the Plan shall be based solely upon any contractual obligations that may be created pursuant to this the Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 7 contracts
Samples: Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp)
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Planhereunder. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 5 contracts
Samples: Bancorpsouth Inc, Nova Corp \Ga\, Nova Corp \Ga\
Unfunded Plan. The Plan, insofar as it provides for grantsgrants and awards, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants or awards under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.Company or any Subsidiary
Appears in 5 contracts
Samples: Mikron Instrument Co Inc, Mikron Instrument Co Inc, Blimpie International Inc
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, unfunded and the Company shall not be required to segregate any assets that may be represented at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be are created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 4 contracts
Samples: C & F Financial Corp, Fauquier Bankshares Inc, Commonwealth Bankshares Inc
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, and the Company Corporation shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company Corporation to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company Corporation shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the CompanyCorporation.
Appears in 3 contracts
Samples: Middleburg Financial Corp, Middleburg Financial Corp, Perardua Corp
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this the Plan. Any liability of the Company to any person with respect to any grant under this the Plan shall be based solely upon any contractual obligations that may be created pursuant to this the Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 3 contracts
Samples: Agreement (Ocwen Asset Investment Corp), Networks North Inc, United Dominion Realty Trust Inc
Unfunded Plan. The Plan, insofar as it provides for grants, Plan shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Planhereunder. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 2 contracts
Samples: Washington Mutual Inc, Washington Mutual Inc
Unfunded Plan. The Plan, insofar as it provides for grants, ------------- shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 2 contracts
Samples: Equifax Inc, Cardinal Financial Corp
Unfunded Plan. The This Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Planhereunder. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 2 contracts
Samples: Pipeline Data Inc, Pipeline Data Inc
Unfunded Plan. The Plan, insofar as it provides for awards or grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by awards or grants under this Plan. Any liability of the Company to any person with respect to any award or grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or or other encumbrance on, any property of the Company. 13.03.
Appears in 1 contract
Samples: Mainstreet Bankgroup Inc
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, unfunded and the Company shall not be required to segregate any assets that may be represented at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be are created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company. 12.03.
Appears in 1 contract
Samples: Cadmus Communications Corp/New
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any a pledge of, or other encumbrance on, any property of the Company.
Appears in 1 contract
Samples: 1 (Juliana Mining Co Inc)
Unfunded Plan. The Plan, insofar as it provides for grants, grants shall be unfunded, and neither the Company nor any Affiliate shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company or an Affiliate to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company or an Affiliate shall be deemed to be secured by any pledge of, or other encumbrance otherencumbrance on, any property of the CompanyCompany or an Affiliate.
Appears in 1 contract
Samples: Central Virginia Bankshares Inc
Unfunded Plan. The Plan, insofar as it provides for grantsgrants and awards, ------------- shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants or awards under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.Company or any Subsidiary
Appears in 1 contract
Samples: Blimpie International Inc
Unfunded Plan. The Plan, insofar as it provides for grants, Plan shall be unfunded, unfunded and the Company shall not be required to segregate any assets asset that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the CompanyCompany or Affiliates.
Appears in 1 contract
Samples: Non Employee Directors (Intelidata Technologies Corp)
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this the Plan. Any liability of the Company to any person with respect to any grant under this the Plan shall be based solely upon any 62 contractual obligations that may be created pursuant to this the Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 1 contract
Samples: Albemarle Corp
Unfunded Plan. The Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations obligation that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.. 10.8
Appears in 1 contract
Samples: RCM Technologies Inc
Unfunded Plan. The This Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this the Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that which may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 1 contract
Samples: Ethyl Corp
Unfunded Plan. The Th Plan, insofar as it provides for grants, shall be unfunded, unfunded and the Company shall not be required to segregate any assets that may be represented at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be are created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 1 contract
Samples: Agreement (Fauquier Bankshares Inc)
Unfunded Plan. The This Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 1 contract
Samples: Management Agreement (Bluerock Residential Growth REIT, Inc.)
Unfunded Plan. The This Plan, insofar as it provides for grants, shall be unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this the Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be he based solely upon any contractual obligations that which may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 1 contract
Samples: Tredegar Corp
Unfunded Plan. The Plan, insofar as it provides for grants, shall be ------------- unfunded, and the Company shall not be required to segregate any assets that may at any time be represented by grants under this Plan. Any liability of the Company to any person with respect to any grant under this Plan shall be based solely upon any contractual obligations that may be created pursuant to this Plan. No such obligation of the Company shall be deemed to be secured by any pledge of, or other encumbrance on, any property of the Company.
Appears in 1 contract
Samples: Prentiss Properties Trust/Md
