Common use of Nonalienation Clause in Contracts

Nonalienation. The interests of Employee under this Agreement are not subject to the claims of Employee’s creditors other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Employee’s beneficiary or estate upon his/her death and except as otherwise required by law. Any attempted assignment in violation of this provision shall be void.

Appears in 7 contracts

Samples: Employment Agreement (Active Health Foods, Inc.), Employment Agreement (MassRoots, Inc.), Employment Agreement (MassRoots, Inc.)

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Nonalienation. The interests of the Employee under this Agreement ------------- are not subject to the claims of Employee’s creditors his creditors, other than the CompanyEmployer, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to the Employee’s beneficiary or 's estate upon his/her death and except as otherwise required by law. Any attempted assignment in violation of this provision shall be voidhis death.

Appears in 2 contracts

Samples: Employment Agreement (American Leisure Holdings Inc), Employment Agreement (American Leisure Holdings Inc)

Nonalienation. The interests of Employee under this Agreement are not subject to the claims of Employee’s creditors his creditors, other than the CompanyEmployer and its subsidiaries, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Employee’s beneficiary or estate upon his/her death and except as otherwise required by law. Any attempted assignment in violation of this provision shall be voidencumbered.

Appears in 2 contracts

Samples: Employment Agreement (Jg Industries Inc/Il/), Employment Agreement (Jg Industries Inc/Il/)

Nonalienation. The interests of the Employee under this Agreement are not subject to the claims of Employee’s creditors her creditors, other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Employee’s beneficiary or estate upon his/her death and except as otherwise required by law. Any attempted assignment in violation of this provision shall be voidencumbered.

Appears in 1 contract

Samples: Employment Agreement (Elektryon)

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Nonalienation. The interests of Employee under this Agreement are not subject to the claims of Employee’s 's creditors other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Employee’s 's beneficiary or estate upon his/her death and except as otherwise required by law. Any attempted assignment in violation of this provision shall be void.

Appears in 1 contract

Samples: Employment Agreement (MassRoots, Inc.)

Nonalienation. The interests of the Employee under this Agreement are not subject to the claims of Employee’s creditors his creditors, other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Employee’s beneficiary or estate upon his/her death and except as otherwise required by law. Any attempted assignment in violation of this provision shall be voidencumbered.

Appears in 1 contract

Samples: Employment Agreement (Elektryon)

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