Common use of Alienability and Assignment Prohibition Clause in Contracts

Alienability and Assignment Prohibition. Neither the Executive nor any Beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive Executive, his spouse nor any Beneficiary other beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s his Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive Executive, the Executive’s spouse nor any Beneficiary other beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s Beneficiarybeneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive Executive, her surviving spouse nor any other Beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s her Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.or

Alienability and Assignment Prohibition. Neither the Executive nor any Beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder hereunder, nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s his Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive nor any Beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s 's Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive Executive, his spouse nor any other Beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgmentsjudgements, alimony or separate maintenance owed by the Executive or the Executive’s his Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive Executive, his spouse, nor any other Beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder under this Agreement nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s his Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive Executive, nor Executive's surviving spouse, nor any Beneficiary other beneficiary(ies) under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s Beneficiary's beneficiary(ies), nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive nor any Beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s 's Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive nor any Beneficiary under this Agreement Plan shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s 's Beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.

Alienability and Assignment Prohibition. Neither the Executive Executive, his/her surviving spouse nor any Beneficiary other beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, hypothecate, mortgage, commute, modify or otherwise encumber in advance any of the benefits payable hereunder nor shall any of said benefits be subject to seizure for the payment of any debts, judgments, alimony or separate maintenance owed by the Executive or the Executive’s Beneficiary's beneficiary, nor be transferable by operation of law in the event of bankruptcy, insolvency or otherwise.