Alienation of Benefits. No benefit under this Plan may be voluntarily or involuntarily assigned or alienated and any attempt to do so shall be void and unenforceable.
Alienation of Benefits. No benefit payable at any time hereunder shall be subject in any manner to alienation, sale, transfer, assignment, pledge or encumbrance of any kind. Any attempt to alienate, sell, transfer, assign, pledge or otherwise encumber any such benefit, whether presently or thereafter payable shall be void. No retirement or severance benefit shall in any manner be liable for or subject to the debts or liabilities of the Employee or retired Employee entitled to any retirement benefit, or subject to or reachable by garnishment, attachment, execution or other legal process or proceeding by or on behalf of any judgment creditor or other creditor of or claimant against the retired Employee to whom such benefit is or may be payable. If the Employee or retired Employee shall attempt to alienate, sell, transfer, assign, pledge, or otherwise encumber his benefits under the Agreement, or any part thereof, or if by reason of his bankruptcy or other event happening at any time, such benefits would devolve upon anyone else or would not be enjoyed by him, then the Company, in its discretion, may suspend his interest in any such benefit and hold or apply it to or for the benefit of the Employee, his spouse, children or other dependents, or any of them, in such manner as the Company may deem proper.
Alienation of Benefits. Benefits are not subject to alienation, anticipation or assignment by the Executive and are not subject to being attached or reached and applied by any creditor of the Executive.
Alienation of Benefits. Except as may otherwise be provided in accordance with any qualified domestic relations order as defined in Section 414(p) of the Code, in effect with respect to a person or as permitted in accordance with Section 401(a)(13) of the Code, no amount payable under the Contract with respect to a person may be voluntarily or involuntarily assigned (either at law or in equity), alienated, or be subject to attachment, garnishment, levy (other than a federal tax levy made pursuant to Section 6331 of the Code), execution or other legal or equitable process, and, to the extent permitted by law, no such amount shall in any way be subject to any legal process to subject the same to the payment of any claim against the payee. Notwithstanding any other provision of the Contract or this Certificate, if this Section 403(b) tax deferred annuity is subject to a Plan, then all elections under the Contract or this Certificate, including but not limited to withdrawals, benefits, loans, beneficiary designations, distributions and direct rollovers are subject to the provisions of the Plan and any applicable spousal consent requirements.
Alienation of Benefits. Except as otherwise provided by law, no benefits payable at any time under the Plan shall be subject, in any manner, to alienation, assignment, attachment, encumbrance, garnishment, pledge, sale or transfer of any kind.
Alienation of Benefits. No shall be subject in any way to aliena- tion, sale transfer, assignment, pledge, attach- ment, garnishment, execution, or encumbrance of any kind and attempt to accomplish the same shall be void. Inthe event that the Company shall find that such an attempt has been made with respect to any Benefit, in its sole discretion it may direct application of the amount of such benefit to or from the Benefit of such person, his spouse, parents, children, or other relations or depend- ents as the Company may determine, and any such application shall be a complete discharge of any liability with respect to such Benefit. Status of Person Receiving Benefits: Neither the Company’s contribution nor any Benefit paid under the Plan shall be considered a part of any Employee’s wages for any purpose. No person who receives any Benefit shall for that reason be deemed an Employee of the Company during such period, nor shall he thereby accrue any greater right to participate in, accrue credits or receive benefits under any other employee benefit plan to which the Company contributes than he would if he were not receiving such Benefit. Amendment and Termination of the Plan:
Alienation of Benefits. No persons entitled to any benefits ---------------------- under the Plan shall have the right to alienate, pledge, hypothecate or otherwise encumber his or her interest in such benefits, and such benefits shall not, to the maximum extent permissible by law, be subject to claim of his or her creditors or liable to attachment, execution or other process of law.
Alienation of Benefits. The pensions payable from the Pension Fund shall be deemed alimentary and for the personal maintenance of the pensioners and shall not be sub- ject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge, or to attachment or legal process for debt to pensioners except to such an extent as may be required by law.
Alienation of Benefits
