Non-Assignable Rights. Neither the Executive nor his spouse, nor other Beneficiary, will have any right to commute, sell, assign, transfer or otherwise convey the right to receive any payments hereunder without the written consent of the Company. Such payments and the right thereto are expressly declared to be non-assignable and nontransferable.
Appears in 4 contracts
Samples: Benefit and Supplemental Pension Agreement (HSB Group Inc), Benefit and Supplemental Pension Agreement (Hartford Steam Boiler Inspection & Insurance Co), Benefit and Supplemental Pension Agreement (Hartford Steam Boiler Inspection & Insurance Co)
Non-Assignable Rights. Neither Except as otherwise provided by the Agreement, neither the Executive nor his spouse, nor other Beneficiary, will her surviving spouse shall have any right to commute, sell, assign, transfer or otherwise convey the right to receive any payments hereunder without the written consent of the Company. Such hereunder, which payments and the right thereto are expressly declared to be non-assignable and nontransferablenon-transferable.
Appears in 3 contracts
Samples: Executive Retirement Agreement (First Litchfield Financial Corp), Supplemental Executive Retirement Agreement (First Litchfield Financial Corp), Supplemental Executive Retirement Agreement (First Litchfield Financial Corp)
Non-Assignable Rights. Neither Except as otherwise provided by the Agreement, neither the Executive nor his spouse, nor other Beneficiary, will surviving spouse shall have any right to commute, sell, assign, transfer or otherwise convey the right to receive any payments hereunder without the written consent of the Company. Such hereunder, which payments and the right thereto are expressly declared to be non-assignable and nontransferablenon-transferable.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (First Litchfield Financial Corp)
Non-Assignable Rights. Neither Except as otherwise provided by this Agreement, neither the Executive nor his spouse, nor other Beneficiary, will surviving spouse shall have any right to commute, sell, assign, transfer or otherwise convey the right to receive any payments hereunder without the written consent of the Company. Such hereunder, which payments and the right thereto are expressly declared to be non-assignable and nontransferablenon-transferable.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (First Litchfield Financial Corp)
Non-Assignable Rights. Neither Except as otherwise provided by this Agreement, it is agreed that neither the Executive nor his spouse, nor any other Beneficiarybeneficiary, will shall have any right to commute, sell, assign, transfer or otherwise convey the right to receive any payments hereunder without the written consent of the Company. Such hereunder, which payments and the right thereto are expressly declared to be non-assignable and nontransferablenon-transferable.
Appears in 1 contract
Non-Assignable Rights. Neither the Executive nor his spouse, nor other Beneficiarybeneficiary, will have any right to commute, sell, assign, transfer or otherwise convey the right to receive any payments hereunder without the written consent of the CompanyCorporation. Such payments and the right thereto are expressly declared to be non-assignable and nontransferable.
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