Source of Payments Clause Example from Business Contracts
This example Source of Payments clause appears in 2 contracts from 1 company
Source of Payments. All 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
ATMEL CORP contract
ATMEL CORP Contracts
ATMEL CORPORATION SENIOR EXECUTIVE CHANGE OF CONTROL AND SEVERANCE PLAN AND SUMMARY PLAN DESCRIPTION (Filed With SEC on March 27, 2014)
ATMEL CORPORATION AMENDED AND RESTATED SENIOR EXECUTIVE CHANGE OF CONTROL AND SEVERANCE PLAN AND SUMMARY PLAN DESCRIPTION (Filed With SEC on June 3, 2015)