BENEFITS NONASSIGNABLE. The benefits provided by this Agreement will be available for the support and maintenance of the Participant and the Participant's beneficiaries in the event of certain contingencies. The benefits provided hereunder will not be subject to alienation, garnishment, attachment or any other legal process by creditors or of any person or persons designated as a beneficiary in Section III. Furthermore, except by will or the laws of descent or distribution, the Participant and any beneficiary may not anticipate the benefits provided hereunder by assignment, pledge, sale or similar act.
Appears in 7 contracts
Samples: Deferred Compensation Agreement (Phoenix Portfolios), Deferred Compensation Agreement (Phoenix Multi Series Trust), Deferred Compensation Agreement (Phoenix Investment Trust 97)
