Assignability and Successors. The right to receive the supplemental retirement benefit described in this Agreement shall not be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge or encumbrance, nor subject to attachment, garnishment, levy, execution or other legal or equitable process for the debts, contracts or liabilities of Employee or his beneficiaries. However, this Agreement shall be binding upon and shall inure to the benefit of the successor of Employer through merger or corporate reorganization.
Appears in 5 contracts
Samples: Supplemental Retirement Plan Agreement (Community Bank System, Inc.), Supplemental Retirement Plan Agreement (Community Bank System, Inc.), Supplemental Retirement Plan Agreement (Community Bank System Inc)
