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 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
Erasca, Inc. contract
Erasca, Inc. Contracts
Erasca, Inc. Severance and Change in Control Severance Plan and Summary Plan Description (Filed With SEC on July 12, 2021)
