Common use of Nonassignability of Benefits Clause in Contracts

Nonassignability of Benefits. No benefit payable under this Agreement may be assigned, transferred, encumbered or subjected to legal process for the payment of any claim against Key Employee, his Spouse, Eligible Family Member, or beneficiary.

Appears in 2 contracts

Samples: Employment Agreement (Delta Air Lines Inc /De/), Officer Excess Benefit Agreement (Delta Air Lines Inc /De/)

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Nonassignability of Benefits. No benefit payable under this Agreement may be assigned, transferred, encumbered or subjected to legal process for the payment of any claim against Key Employee, his or her Spouse, Eligible Family Member, or beneficiary.

Appears in 1 contract

Samples: Excess Benefit Agreement (Delta Air Lines Inc /De/)

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Nonassignability of Benefits. No benefit payable under this Agreement may be assigned, transferred, encumbered or subjected to legal process for the payment of any claim against Key Employee, his or her Spouse, Domestic Partner, Eligible Family Member, or beneficiary.

Appears in 1 contract

Samples: Non Qualified Benefit Agreement (Delta Air Lines Inc /De/)

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