NO ASSIGNMENT OR ALIENATION. This Agreement shall not be assignable by Employee without Company's prior written consent; provided, however, nothing in this Section shall preclude Employee from designating a beneficiary to receive any benefit payable upon his death or preclude Employee's executors, administrators, or other legal representatives of his estate from assigning any rights hereunder to the person or persons entitled thereto. Further, except as required by law, no right to receive payments under this Agreement shall be subject to anticipation, communication, alienation, sale, assignment, encumbrance, charge, pledge, or hypothecation or to execution, attachment, levy, or similar process or assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void, and of no effect.
NO ASSIGNMENT OR ALIENATION. The interest of Executive in the Plan or of his Designated Beneficiary hereunder may not be anticipated, sold, transferred, assigned, or encumbered in any manner, either voluntarily or involuntarily, and any attempt to anticipate, alienate, sell, transfer, assign, pledge, encumber, or charge the same shall be null and void. The benefits provided hereunder shall not be liable for, or subject to the debts, contracts, liabilities, engagements, or torts of, any person to whom such benefits are payable, nor shall they be subject to garnishment, attachment, or other legal or equitable process, nor shall they be an asset of the bankrupt's estate in bankruptcy.
NO ASSIGNMENT OR ALIENATION. A Participant or Beneficiary does not have the right to commute, sell, assign, pledge, transfer or otherwise convey or encumber the right to receive any payments under the Plan or Trust and the Plan Administrator and the Trustee will not recognize any such anticipation, assignment, or alienation. The payments and the rights under this Plan are nonassignable and nontransferable. Furthermore, a Participant's or Beneficiary's interest in the Trust is not subject to attachment, garnishment, levy, execution or other legal or equitable process.
NO ASSIGNMENT OR ALIENATION. The Executive, the Executive's spouse, and any other designee, assignee, or successor of the Executive, shall not have any right to commute, sell, assign, transfer, anticipate, alienate, or otherwise convey the right to receive any payments hereunder, which payments and the right thereto are expressly declared to be non-assignable and non-transferable. In the event of any attempted assignment, transfer, or other action listed in the prior sentence, the BHC shall have no further liability to any person under this Agreement.
NO ASSIGNMENT OR ALIENATION. Except as provided in Section 14, the right of any Employee or Beneficiary in any benefit or to any payment hereunder shall not be subject in any manner to attachment or other legal process for the debts of such Employee or Beneficiary, except as required by law, and no rights or entitlement under this Plan may be assigned, transferred pledged or otherwise encumbered by the Employee or the Beneficiary.
NO ASSIGNMENT OR ALIENATION. None of the benefits, payments, proceeds or claims of any person under this Plan shall be subject to any claim of any creditor, spouse or former spouse of the person or to attachment or garnishment or other legal process by any such creditor, Spouse or former Spouse; nor shall any person have any right to alienate, anticipate, commute, pledge, encumber or assign any of the benefits, payments or proceeds which he or she may expect to receive, contingently or otherwise, under the Plan.
NO ASSIGNMENT OR ALIENATION. To the maximum extent permitted by law, none of the benefits, payments, proceeds or claims of any Participant or Beneficiary shall be subject to any claim of any creditor of the Participant or Beneficiary or to attachment or garnishment or other legal process by any such creditor; nor shall any Participant or Beneficiary have any right to alienate, anticipate, commute, pledge, encumber or assign any of the benefits, payments or proceeds which they may expect to receive, contingently or otherwise, under the Plan. The requirements of this Section shall not apply to a Qualified Domestic Relations Order.
NO ASSIGNMENT OR ALIENATION. This Agreement shall not be assignable by either party; provided, however, that nothing in this paragraph shall preclude Employee from designating a beneficiary to receive any benefit payable upon his death, or preclude Employee's executors, administrators or other legal representatives of his estate from assigning any rights hereunder to the person or persons entitled thereto.
NO ASSIGNMENT OR ALIENATION. Subject to Section 414(p) of the Code relating to qualified domestic relations orders, and to such provisions for security for a loan to a participant as may exist in any Participating Plan, neither a participant nor a beneficiary may anticipate, assign or alienate (either at law or in equity) any benefit provided under the Participating Plan or this Trust, and the Trustee will not recognize any such anticipation, assignment or alienation. Furthermore, a benefit under a Participating Plan or this Trust is not subject to attachment, garnishment, levy, execution or other legal or equitable process, except as specifically permitted by the Code or the Act or regulations thereunder.
NO ASSIGNMENT OR ALIENATION. Your right (if any) to receive the Earned Bonus and the PSUs shall not be subject to alienation, transfer, assignment, garnishment, execution or levy of any kind and any attempt to cause any benefits to be so subjected shall not be recognized or given effect by the Company.
