Common use of Nonalienation Clause in Contracts

Nonalienation. The interests of Executive under this Agreement are not subject to the claims of Executive’s creditors other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Executive’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 3 contracts

Samples: Employment Agreement (THUMZUP MEDIA Corp), Employment Agreement (MassRoots, Inc.), Employment Agreement (MassRoots, Inc.)

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Nonalienation. The interests of the Executive and the Company under this Agreement are not subject to the claims of Executive’s creditors their creditors, other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Executive’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 3 contracts

Samples: Employment Agreement (J.M. Tull Metals Company, Inc.), Employment Agreement (Ryerson Inc.), Employment Agreement (Ryerson Tull Inc /De/)

Nonalienation. The interests of the Executive under this the Agreement are not subject to the claims of the Executive’s 's creditors other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Executive’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: Gatx Corp, Gatx Corp

Nonalienation. The interests of the Executive under this Agreement are not subject to the claims of Executive’s creditors his creditors, other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered encumbered, except to the extent that payments are owed to the Executive’s beneficiary 's spouse or estate upon his/her death and except as otherwise required by law. Any attempted assignment in violation of this provision shall be voidunder Section 4.

Appears in 2 contracts

Samples: Employment Agreement (Lets Talk Cellular & Wireless Inc), Employment Agreement (Lets Talk Cellular & Wireless Inc)

Nonalienation. The interests of the Executive under this Agreement are not subject to the claims of Executive’s creditors his creditors, other than the Company, and may not otherwise be voluntarily or involuntarily involun tarily assigned, alienated or encumbered except to Executive’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: Redemption Agreement (Lets Talk Cellular & Wireless Inc), Redemption Agreement (Lets Talk Cellular & Wireless Inc)

Nonalienation. The interests of the Executive under this Agreement are not subject to the claims of Executive’s creditors his or her creditors, other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Executive’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, Employment Agreement (J.M. Tull Metals Company, Inc.)

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Nonalienation. The interests of the Executive under this Agreement are not subject to the claims of the Executive’s creditors creditors, other than the Companypursuant to law, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to the Executive’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 voidthe Executive’s death.

Appears in 2 contracts

Samples: Employment Agreement (Oncology Institute, Inc.), Employment Agreement (Oncology Institute, Inc.)

Nonalienation. The Executive's interests of Executive under this Agreement are not subject to the claims of Executive’s his creditors other than the Company, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Executive’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 (Launch Media Inc)

Nonalienation. The interests of Executive under this Agreement are not subject to the claims of Executive’s creditors his creditors, other than the CompanyHartmarx and its subsidiaries, and may not otherwise be voluntarily or involuntarily assigned, alienated or encumbered except to Executive’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 (Hartmarx Corp/De)

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