Unfunded Plan. The Plan, insofar as it provides for a Grant, is not required to be funded, and the Company shall not be required to segregate any assets that may at any time be represented by a Grant under this Plan.
Appears in 7 contracts
Samples: Universal Corp /Va/, Universal Corp /Va/, Universal Corp /Va/
Unfunded Plan. The Plan, insofar as it provides for a GrantGrant or an Award, is not required to be funded, and the Company shall not be required to segregate any assets that may at any time be represented by a Grant or an Award under this Plan.
Appears in 4 contracts
Samples: 2023 Stock Incentive Plan (Universal Corp /Va/), Universal Corp /Va/, Universal Corp /Va/
Unfunded Plan. The Plan, insofar as it provides for a Grantgrants, is not ------------- required to be funded, and the Company shall not be required to segregate any assets that may at any time be represented by a Grant grants under this Plan.
Appears in 2 contracts
Samples: United Financial Banking Companies Inc, United Financial Banking Companies Inc
