Common use of NON-LIABILITY FOR DEBTS Clause in Contracts

NON-LIABILITY FOR DEBTS. The Executive's rights and obligations under this Agreement shall not be subject to encumbrance or to the claims of the Executive's creditors (other than the Company, and/or its Subsidiaries), or subject to the debts, contracts or engagements of the Executive or the Executive's heirs, successors and assigns, and any attempt to do any of the foregoing shall be null and void ab initio and without force and effect.