 What entity will a fully vested RSU represent an unsecured obligation of?
Each RSU that Fully Vests on an applicable Vesting Date shall represent the right to receive payment, in accordance with Section 6 below, of one Share. Unless and until an RSU Fully Vests, the Participant will have no right to payment in respect of any such RSU. Prior to actual payment in respect of any Fully Vested RSU, such RSU will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Company