Common use of Non-Alienation Clause in Contracts

Non-Alienation. 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 payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of Executive, his Executors, Administrators, Devisees and Heirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 8 contracts

Samples: Pride International Inc, Confidentiality Agreement (Pride International Inc), Pride International Inc

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Non-Alienation. The 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 payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as the Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of the Executive, his Executorsexecutors, Administratorsadministrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 7 contracts

Samples: Retirement Agreement (Syntroleum Corp), Separation Agreement (Pride International Inc), Retirement Agreement (Syntroleum Corp)

Non-Alienation. The Executive shall not have any right to pledge, pledge hypothecate, anticipate, or in any way create a lien upon any amounts provided under this Agreement, and no payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as the Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject ,matter hereof. Upon the death of the Executive, his Executors, Administrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 6 contracts

Samples: Pride International Inc, Pride International Inc, Pride International Inc

Non-Alienation. Executive shall not have any right to pledge, hypothecate, anticipate, anticipate or in any way create a lien upon any amounts provided under this Agreement, ; and no payments or benefits due payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts acts, or by operation of law. So long as Executive lives, no person, other than the parties hereto, shall have any rights under or interest Nothing in this Agreement paragraph shall limit Executive’s rights or the subject matter hereof. Upon the death of Executive, powers which his Executors, Administrators, Devisees and Heirs, in that order, shall have the right to enforce the provisions hereofexecutor or administrator would otherwise have.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pacific Crest Capital Inc), Agreement and Plan of Merger (Pacific Capital Bancorp /Ca/)

Non-Alienation. The Executive shall not have any right to pledge, pledge hypothecate, anticipate, or in any way create a lien upon any amounts provided under this Agreement, and no payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as the Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of the Executive, his Executors, Administrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 1 contract

Samples: Agreement (American Eco Corp)

Non-Alienation. 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 payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as Executive lives, no person, other than the parties Parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of Executive, his Executorsbeneficiary under Section 6.09 or, Administratorsif none, Devisees his executors, administrators, devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof, to the extent applicable.

Appears in 1 contract

Samples: Waiver and Release (Transmeridian Exploration Inc)

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Non-Alienation. The Executive shall not have any right to pledge, pledge hypothecate, anticipate, or in any way create a lien upon any amounts provided under this Agreement, and no payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as the Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject subject, matter hereof. Upon the death of the Executive, his Executors, Administrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 1 contract

Samples: Confidentiality Agreement (Vantage Energy Services, Inc.)

Non-Alienation. 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 payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. hereof Upon the death of Executive, his Executors, Administrators, Devisees and Heirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 1 contract

Samples: Pride International Inc

Non-Alienation. 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 payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of Executive, his Executors, Administrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 1 contract

Samples: Pride International Inc

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