NO ATTACHMENT. Except as required or permitted by law, no right to ------------- receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge, pledge, or hypothecation or to execution, attachment, levy, or similar process of assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect. The payments due Employee under section 5 herein shall not be deemed earned until the conditions set forth in section 5 occur, if ever.
Appears in 2 contracts
Samples: And Retirement Benefits Agreement (GBB Capital I), And Retirement Benefits Agreement (GBB Capital I)
NO ATTACHMENT. Except as required or permitted by law, no right to ------------- receive payments under this Agreement shall be subject to anticipation, commutationcommunication, alienation, sale, assignment, encumbrance, charge, pledge, pledge or hypothecation or to execution, attachment, levy, levy or similar process of assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect. The payments due Employee Xxxxx under section Section 5 herein shall not be deemed earned until the conditions set forth in section Section 5 occur, if ever.
Appears in 1 contract
Samples: Agreement (Smartage Corp)
NO ATTACHMENT. Except as required or permitted by law, no right ------------- to ------------- receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge, pledge, or hypothecation or to execution, attachment, levy, or similar process of assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect. The payments due Employee under section 5 herein shall not be deemed earned until the conditions set forth in section 5 occur, if ever.
Appears in 1 contract
Samples: Severance and Retirement Benefits Agreement (GBB Capital I)
NO ATTACHMENT. Except as required or permitted by law, no right to ------------- receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, chargecharge , pledge, or hypothecation or to execution, attachment, levy, or similar process of assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect. The payments due Employee under section 5 herein shall not be deemed earned until the conditions set forth in section 5 occur, if ever.
Appears in 1 contract
NO ATTACHMENT. Except as required or permitted by law, no ------------- right to ------------- receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge, pledge, or hypothecation or to execution, attachment, levy, or similar process of assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect. The payments due Employee under section 5 herein shall not be deemed earned until the conditions set forth in section 5 occur, if ever.
Appears in 1 contract
Samples: And Retirement Benefits Agreement (Cupertino National Bancorp)