Common use of Nonalienation of Benefits Clause in Contracts

Nonalienation of Benefits. Participant shall not have the right to sell, assign, transfer or otherwise convey or encumber in whole or in part the right to receive any payment under this Agreement except in accordance with Section 1.6, and the right to receive any payment hereunder shall not be subject to attachment, lien or other involuntary encumbrance.

Appears in 12 contracts

Samples: Director Restricted Phantom Unit Agreement (Stonemor Inc.), Director Restricted Phantom Unit Agreement (Stonemor Partners Lp), Director Restricted Phantom Unit Agreement (Stonemor Partners Lp)

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Nonalienation of Benefits. A Participant shall not have the right to sell, assign, transfer or otherwise convey or encumber in whole or in part the right to receive unvested Phantom Units or any payment of DERs under this Agreement except in accordance with Section 1.6Agreement, and the right to receive any payment hereunder shall not be subject to attachment, lien or other involuntary encumbrance.

Appears in 12 contracts

Samples: Employment Agreement (Stonemor Partners Lp), Employment Agreement (Stonemor Partners Lp), Key Employee Unit Agreement (Stonemor Partners Lp)

Nonalienation of Benefits. Participant shall not have the right to sell, assign, transfer or otherwise convey or encumber in whole or in part the right to receive any payment unvested Units under this Agreement except in accordance with Section 1.6Agreement, and the right to receive any payment hereunder shall not be subject to attachmentattainment, lien or other involuntary encumbrance.

Appears in 8 contracts

Samples: Employment Agreement (Stonemor Partners Lp), Employment Agreement (Stonemor Partners Lp), Employment Agreement (Stonemor Partners Lp)

Nonalienation of Benefits. A Participant shall not have the right to sell, assign, transfer or otherwise convey or encumber in whole or in part the right to receive unvested Units or any payment of DERs under this Agreement except in accordance with Section 1.6Agreement, and the right to receive any payment hereunder shall not be subject to attachment, lien or other involuntary encumbrance.

Appears in 6 contracts

Samples: Key Employee Unit Agreement (Stonemor Partners Lp), Key Employee Unit Agreement (Stonemor Partners Lp), Key Employee Unit Agreement (Stonemor Partners Lp)

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Nonalienation of Benefits. A Participant shall not have the right to sell, assign, transfer or otherwise convey or encumber in whole or in part the right to receive any payment under this Agreement except in accordance with Section 1.6, and the right to receive any payment hereunder shall not be subject to attachment, lien or other involuntary encumbrance.

Appears in 1 contract

Samples: Term Incentive Plan (Stonemor Partners Lp)

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