Common use of NO ATTACHMENT Clause in Contracts

NO ATTACHMENT. Except as required by law, no right to receive Option Shares 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 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.

Appears in 6 contracts

Samples: Stock Option Agreement (Collegis Inc), Employment Agreement (Medcare Technologies Inc), Option Agreement (Hbo & Co)

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