Common use of No Alienation of Benefits Clause in Contracts

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,

Appears in 3 contracts

Sources: Executive Severance Agreement (McFarland Energy Inc), Executive Employment Agreement (McFarland Energy Inc), Executive Employment Agreement (McFarland Energy Inc)

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,, and no benefits payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts.

Appears in 2 contracts

Sources: Executive Severance Agreement (McFarland Energy Inc), Executive Severance Agreement (McFarland Energy Inc)

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,, and no benefits payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts.

Appears in 1 contract

Sources: Executive Severance Agreement (McFarland Energy Inc)