Use of Funds Clause Example with 5 Variations from Business Contracts
This page contains Use of Funds 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.
Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. Until shares are issued, Participants shall only have the rights of an unsecured creditor.
Found in
Paycom Software, Inc. contract
Variations of a "Use of Funds" Clause from Business Contracts
Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. Until shares are issued, Participants shall only have the rights of an unsecured creditor. funds.
Found in
Murphy Oil contract
Use of Funds. All The Company may use all payroll deductions received or held by the Company it under the Plan may be used by the Company for any corporate purpose, and the Company shall will not be obligated to segregate such payroll deductions. Until shares of Common Stock are issued, Participants shall participants will only have the rights of an unsecured creditor. creditor with respect to such shares.
Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. Until shares are issued, Participants shall only have the rights of an unsecured creditor.
Found in
DSP Group, Inc. contract
Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. Until shares are issued, Participants shall only have the rights of an unsecured creditor.
Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated to segregate such payroll deductions. Until shares of Common Stock are issued, Participants shall only have the rights of an unsecured creditor. creditor with respect to such shares.
