Source of Payments Clause Example from Business Contracts
This example Source of Payments clause appears in 2 contracts from 2 companies
Source of Payments. All 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
AFFYMETRIX INC contract
NPS PHARMACEUTICALS INC Contracts
NPS PHARMACEUTICALS, INC. CHANGE IN CONTROL SEVERANCE PAY PLAN AS AMENDED THROUGH JANUARY 11, 2015 (Filed With SEC on January 12, 2015)
AFFYMETRIX INC Contracts
CHANGEOF CONTROL PLAN EFFECTIVE JANUARY1, 2016 (Filed With SEC on November 10, 2015)