Source of Payments Clause Example with 14 Variations from Business Contracts

This page contains Source of Payments clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Source of Payments. All payments under the Plan will be paid from the general funds of the Company; no separate fund will be established under the Plan, and the Plan will have no assets. No right of any person to receive any payment under the Plan will be any greater than the right of any other general unsecured creditor of the Company.
Found in DoorDash Inc contract

Variations of a "Source of Payments" Clause from Business Contracts

Source of Payments. All payments under the Plan will be paid in cash from the general funds of the Company; no Company. No separate fund will be established under the Plan, and the Plan will have no assets. No Any right of any person to receive any payment under the Plan will be any is no greater than the right of any other general 3 unsecured creditor of the Company. The Plan shall be binding upon the Company's successors and assigns.
Found in GSI TECHNOLOGY INC contract
Source of Payments. All payments under the Plan Severance Benefits and Change in Control Severance Benefits will be paid in cash from the general funds of the Company; no separate fund will be established under the Plan, and the Plan will have no assets. No right of any person to receive any payment under the Plan will be any greater than the right of any other general unsecured creditor of the Company.
Found in 2 Contracts from 2 Companies
Source of Payments. All payments under the Plan Change of Control Severance Benefits and Severance Benefits will be paid in cash from the general funds of the Company; no separate fund will be established under the Plan, and the Plan will have no assets. No right of any person to receive any payment under the Plan will be any greater than the right of any other general unsecured creditor of the Company.
Found in 2 Contracts from ATMEL CORP
Source of Payments. All payments under the Plan will be paid in cash from the general funds of the Company; no Company. No separate fund will be established under the Plan, and the Plan will have no assets. No Any right of any person to receive any payment under the Plan will be any is no greater than the right of any other general unsecured creditor of the Company. This Plan shall be binding upon the Company's successors and assigns.
Found in 2 Contracts from GSI TECHNOLOGY INC
Source of Payments. All payments under the Plan Any Severance Benefits will be paid in cash from the general funds of the Company; Employer; no separate fund will be established under the Plan, and the Plan will have no assets. No right of any person to receive any payment benefit under the Plan will be any greater than the right of any other general unsecured creditor of the Company. Employer.
Found in LIFELOCK, INC. contract
Source of Payments. All payments under the Plan will be paid in cash from the general funds of the Company; no Company. No separate fund will be established under the Plan, and the Plan will have no assets. No Any right of any person to receive any payment under the Plan will be any is no greater than the right of any other general unsecured creditor of the Company. The Plan shall be binding upon the Company's successors and assigns.
Found in 4 Contracts from GSI TECHNOLOGY INC
Source of Payments. All payments under the Plan Severance Payments and Severance Benefits will be paid in cash from the general funds of the Company; no separate fund will be established under the Plan, Plan and the Plan will have no assets. No Any right of any person to receive any payment under the Plan will be any no greater than the right of any other general unsecured creditor of the Company.
Found in LEVI STRAUSS & CO contract
Source of Payments. All payments under the Plan Severance Benefits, other than Equity Award acceleration, will be paid in cash from the general funds of the Company; no separate fund will be established under the Plan, and the Plan will have no assets. No right of any person to receive any payment under the Plan will be any greater than the right of any other general unsecured creditor of the Company.
Found in Juno Therapeutics, Inc. contract
Source of Payments. All payments under the Plan Severance Benefits and Retention Incentives will be paid in cash from the general funds of the Company; no separate fund will be established under the Plan, Plan; and the Plan will have no assets. No right of any person to receive any payment under the Plan will be any greater than the right of any other general unsecured creditor of the Company.
Found in Netflix contract
Source of Payments. All payments under the Plan Change in Control Severance Benefits will be paid in cash from the general funds of the Company; no separate fund will be established under the Plan, Plan; and the Plan will have no assets. No right of any person to receive any payment under the Plan will be any greater than the right of any other general unsecured creditor of the Company.
Found in TIBCO SOFTWARE INC contract