Common use of Benefits Not Assignable Clause in Contracts

Benefits Not Assignable. Except as otherwise provided herein or by Applicable Law, no right or interest of the Executive under the Agreement shall be assignable or transferable, in whole or in part, either directly or by operation of law or otherwise, including without limitation by execution, levy, garnishment, attachment, pledge or in any manner; no attempted assignment or transfer thereof shall be effective; and no right or interest of any Executive shall be liable for, or subject to, any obligation or liability of the Executive. When a payment is due under the Agreement to the Executive and he or she is unable to care for his or her affairs, payment may be made directly to his or her legal guardian or personal representative.

Benefits Not Assignable. Except as otherwise provided herein or by Applicable Lawlaw, no right or interest of the any Executive under the Agreement Plan shall be assignable or transferabletransferable by the Executive, in whole or in part, either directly or by operation of law or otherwise, including without limitation by execution, levy, garnishment, attachment, pledge or in any manner; no attempted assignment or transfer thereof shall be effective; and no right or interest of any Executive under the Plan shall be liable for, or subject to, any obligation or liability of the such Executive. When a payment is due under the Agreement Plan to the an Executive and he or she who is unable to care for his or her affairs, payment may be made directly to his or her legal guardian or personal representative.

Benefits Not Assignable. Except as otherwise provided herein or by Applicable Lawlaw, no right or interest of the Executive under the this Agreement shall be assignable or transferable, in whole or in part, either directly or by operation of law or otherwise, including without limitation by execution, levy, garnishment, attachment, pledge or in any manner; no attempted assignment or transfer thereof shall be effective; and no right or interest of any the Executive under this Agreement shall be liable for, or subject to, any obligation or liability of the Executive. When a payment is due under the this Agreement to the Executive and at a time when he or she is unable to care for his or her affairs, payment may be made directly to his or her legal guardian or personal representative.