Unfunded. The Plan shall be an unfunded and unsecured obligation of the Company. The Company shall not be required to establish any special or separate fund or to make any other segregation of assets to assure the issuance of Common Stock and the issuance of Common Stock shall be an unsecured general obligation of the Company.
Plan Unfunded. The Plan shall be an unfunded and unsecured obligation of the Company.unfunded. The Company shall not be required to establish any special or separate fund or to make any other segregation of assets to assure the issuance of CommonShares or the payment of cash upon exercise or payment of any Award. Proceeds from the sale of shares of Stock andpursuant to Options or other Awards granted under the issuance of Common StockPlan shall be an unsecuredconstitute general obligationfunds of the Company.
Unfunded. The Plan is intended to constitute an unfunded plan. Nothing contained herein shall be an unfunded and unsecured obligationrequire the Company to segregate any monies or other property, or shares of the Company. The Company shall not be requiredCommon Stock, or to establishcreate any special or separate fundtrusts, or to make any other segregationspecial deposits for any immediate or deferred amounts payable to any Participant, and no Participant shall have any rights that are greater than those of assets to assure the issuance of Common Stock and the issuance of Common Stock shall be ana general unsecured general obligationcreditor of the Company.
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