No Alienation of Benefits Sample Clauses

No Alienation of Benefits. To the extent permitted by law the benefits provided by this Agreement shall not be subject to garnishment, attachment or any other legal process by the creditors of the Executive, his beneficiary or his estate.
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No Alienation of Benefits. Executive shall not have any right to pledge, hypothecate, anticipate or in any way create a lien upon any amounts provided under this Agreement,
No Alienation of Benefits. No benefit, right or interest of any person hereunder will be subject to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, charge or seizure, attachment or other legal, equitable or other process; and the Trust will not be liable for, or subject to, the debts, liabilities or other obligations of such person. In the event of an attempt to anticipate, alienate, sell, transfer, assign, pledge, encumber, or charge such benefit, right or interest, or to subject it to seizure, attachment or other legal, equitable or other process, such benefit, right or interest will immediately cease and terminate; but the Trustee, in its sole discretion, may pay or apply for the benefit of such person or his family so much of such benefit, right or interest as it may deem advisable.
No Alienation of Benefits. No interest of Advisor or his spouse or any other beneficiary of Advisor under this Agreement, or any right to receive any payment hereunder, shall be subject in any manner to sale, transfer, assignment, pledge, attachment, garnishment, or other alienation or encumbrance of any kind, nor may such interest or right to receive a payment or distribution be taken, voluntarily or involuntarily, for the satisfaction of the obligations or debts of, or other claims against, Advisor or his spouse or other beneficiary, including claims for alimony, support, separate maintenance, and claims in bankruptcy proceedings.
No Alienation of Benefits. Except as otherwise required by applicable law, the right of the Consultant (and his beneficiaries) to any benefit or interest under any of the provisions of this Amendment shall not be subject to encumbrance, attachment, execution, garnishment, assignment, pledge, alienation, sale, transfer, or anticipation, either by the voluntary or involuntary act of the Consultant (or the Consultant's beneficiaries) or by operation of law, nor shall such payment, right, or interest be subject to any other legal or equitable process.
No Alienation of Benefits. TO THE EXTENT PERMITTED BY LAW THE BENEFITS PROVIDED BY THIS AGREEMENT SHALL NOT BE SUBJECT TO GARNISHMENT, ATTACHMENT OR ANY OTHER LEGAL PROCESS BY THE CREDITORS OF THE EXECUTIVE, HIS BENEFICIARY OR HIS ESTATE.
No Alienation of Benefits. Except as otherwise required by law or as expressly set forth herein, no amount payable to Employee hereunder shall be subject in any manner to alienation by anticipation, sale, transfer, assignment, bankruptcy, pledge, attachment, charge or encumbrance of any kind nor in any manner be subject to the debts and liabilities of Employee. Any attempt to alienate or assign any rights hereunder shall be void and of no effect.
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No Alienation of Benefits. Until distribution pursuant to the terms hereof and except as hereinafter provided in this Article VIII, no Participant shall have the right or power to alienate, anticipate, commute, pledge, encumber, or assign any of the benefits, proceeds, or avails of the funds set aside for him under the terms of this Plan, and no such benefits, proceeds, or avails shall be subject to seizure by any creditor of the eligible Employee under any writ or proceedings at law or in equity.
No Alienation of Benefits. The rights of Executive, his or her Beneficiary and his or her estate to any benefits hereunder are not subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or garnishment by creditors of Executive, his or her Beneficiary or his or her estate, except as provided in Section 5 above with respect to designations of a Beneficiary hereunder or as may be otherwise required by law. Any attempted disposition of such rights shall be null and void. 9.
No Alienation of Benefits. Executive will not assign, transfer or pledge the amounts payable under paragraph 5(a). No part of such amounts will, prior to actual payment, be subject to any claims of creditors and, in particular, they will not be subject to attachment, garnishment, seizure, offset or sequestration by any creditor.
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