Common use of Alienation Clause in Contracts

Alienation. No benefits under this Agreement shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge. Any attempt to so anticipate, alienate, sell, transfer, assign, pledge, encumber or charge the same shall be void. Nor shall any such benefits in any manner be liable for or subject to the debts, contracts, liabilities, domestic relations orders or torts of the person entitled to such benefits except to the extent required by applicable law.

Appears in 10 contracts

Samples: Bank Director Retirement Agreement (Community Valley Bancorp), Director Retirement Agreement (Community Valley Bancorp), Director Retirement Agreement (Community Valley Bancorp)

AutoNDA by SimpleDocs

Alienation. No benefits under this Agreement shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge. Any attempt to so anticipate, alienate, sell, transfer, assign, pledge, encumber or charge the same shall be void. Nor shall any such benefits in any manner be liable for or subject to the debts, contracts, liabilities, domestic relations orders or torts of the person entitled to such benefits except to the extent required by applicable lawERISA.

Appears in 3 contracts

Samples: Continuation Agreement (Community Valley Bancorp), Continuation Agreement (Community Valley Bancorp), Salary Continuation Agreement (Community Valley Bancorp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!