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.

Appears in 5 contracts

Samples: Employment Agreement (Originclear, Inc.), Employment Agreement (Cloudcommerce, Inc.), Employment Agreement (Cloudcommerce, 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 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 EmployeeExecutive, nor shall the Employee Executive have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Sunworks, Inc.), Employment Agreement (Sunworks, Inc.), Employment Agreement (Sunworks, 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 EmployeeExecutive, nor shall the Employee Executive have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Cleanspark, Inc.), Employment Agreement (Sunworks, 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 be valid or recognized by the CompanyEmployer. 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 EmployeeEmployee or any beneficiary named herein, nor shall the Employee or any beneficiary have any right to transfer, modify, anticipate or encumber any rights or benefits hereunder.

Appears in 1 contract

Samples: Employment Agreement (Perceptronics Inc)

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