Common use of Assignability of Benefits Clause in Contracts

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the Company. Except as provided by law, payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the Employee, nor shall the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall not be subject to Section 16 of this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Envision Solar International, Inc.), Employment Agreement (Envision Solar International, Inc.), Employment Agreement (Envision Solar International, Inc.)

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Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall will be valid or recognized by the Company. Except as provided by law, payment provided for by this Agreement shall will not be subject to seizure for payment of any debts or judgments against the Employee, nor shall will the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall will not be subject to Section 16 17 of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (InterMetro Communications, Inc.), Employment Agreement (InterMetro Communications, Inc.), Employment Agreement (Lucys Cafe Inc)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the Company. Except as provided by law, payment Payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the Employee, nor shall the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall not be subject to Section 16 of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Incomnet Inc), Employment Agreement (Incomnet Inc), Employment Agreement (Environmental Products & Technologies Corp)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the CompanyFASTRAXX. Except as provided by law, payment Payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the Employee, nor shall the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; , provided that any stock ownership issued by the Company FASTRAXX to the Employee pursuant to this Agreement shall not be subject to Section 16 17 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Karting International Inc), Employment Agreement (Karting International Inc)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the Company. Except as provided by law, payment Payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the EmployeeExecutive, nor shall the Employee Executive have any right to transfer, modify, anticipate or encumber encumber. any rights or benefits hereunder; provided that any stock issued by the Company to the Employee Executive pursuant to this Agreement shall not be subject to Section 16 17 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Creative Host Services Inc), Employment Agreement (Creative Host Services Inc)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the Company. Except as provided by law, payment Payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the Employee, nor shall the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall not be subject to Section 16 17 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Imaging3 Inc), Employment Agreement (Imaging3 Inc)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the Company. Except as provided by law, payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the Employee, nor shall the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall not be subject to Section 16 17 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Beam Global), Employment Agreement (Envision Solar International, Inc.)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall will be valid or recognized by the Company. Except as provided by law, payment Payment provided for by this Agreement shall will not be subject to seizure for payment of any debts or judgments against the Employee, nor shall will the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall will not be subject to Section 16 15 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Lucys Cafe Inc), Employment Agreement (InterMetro Communications, Inc.)

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Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall will be valid or recognized by the Company. Except as provided by law, payment provided for by this Agreement shall will not be subject to seizure for payment of any debts or judgments against the Employee, nor shall will the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall will not be subject to Section 16 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (InterMetro Communications, Inc.), Employment Agreement (Lucys Cafe Inc)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the Company. Except as provided by law, payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the Employee, nor shall the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall not be subject to Section 16 14 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Solar3d, Inc.)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the Company. Except as provided by law, payment Payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the Employee, nor shall the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall not be subject to Section 16 15 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Incomnet Inc)

Assignability of Benefits. Except to the extent that this provision may be contrary to law, no assignment, pledge, collateralization or attachment of any of the benefits under this Agreement shall be valid or recognized by the Company. Except as provided by law, payment Payment provided for by this Agreement shall not be subject to seizure for payment of any debts or judgments against the Employee, nor shall the Employee have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder; provided that any stock issued by the Company to the Employee pursuant to this Agreement shall not be subject to Section 16 18 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Bidz.com, Inc.)

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