Common use of ASSIGNMENT OR ALIENATION Clause in Contracts

ASSIGNMENT OR ALIENATION. Neither the Executive, Beneficiary, nor any other party shall anticipate, transfer, assign or alienate (either at law or in equity) any benefit provided hereunder, and the Employer shall not recognize any such anticipation, transfer, assignment or alienation. To the extent permitted by law, the right of the Executive or any Beneficiary to any benefit or to any payment under this Agreement shall not be subject in any manner to attachment or other legal process for the debts of such Executive or Beneficiary, except as provided under Section 7.15.

Appears in 5 contracts

Samples: Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares)

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