Common use of Restraint on Alienation Clause in Contracts

Restraint on Alienation. None of your benefits, payments, proceeds or claims under this Agreement will be subject to any claim of any creditor and, in particular, the same will not be subject to attachment or garnishment or other legal process by any creditor, nor will you have any right to alienate, anticipate, commute, pledge, encumber or assign any of the benefits or payments of proceeds that you may expect to receive, contingently or otherwise, under this Agreement. Notwithstanding the preceding sentence, benefits that are in pay status may be subject to a garnishment or wage assignment or authorized or mandatory deductions made pursuant to a court order, a tax levy or applicable law or your elections.

Restraint on Alienation. None of your the benefits, payments, proceeds or claims under this Agreement will of the Executive shall be subject to any claim of any creditor and, in particular, the same will shall not be subject to attachment or garnishment or other legal process by any creditor, nor will you shall the Executive have any right to alienate, anticipate, commute, pledge, encumber or assign any of the benefits or payments of proceeds that you which he or she may expect to receive, contingently or otherwise, under this Agreement. Notwithstanding the preceding sentenceabove, benefits that which are in pay status may be subject to a garnishment or wage assignment or authorized or mandatory deductions made pursuant to a court order, a tax levy or applicable law or your the Executive’s elections.

Restraint on Alienation. None of your the benefits, payments, proceeds or claims under this Agreement will of the Executive shall be subject to any claim of any creditor and, in particular, the same will shall not be subject to attachment or garnishment or other legal process by any creditor, nor will you shall the Executive have any right to alienate, anticipate, commute, pledge, encumber or assign any of the benefits or payments of proceeds that you which he or she may expect to receive, contingently or otherwise, under this Agreement. Notwithstanding the preceding sentenceabove, benefits that which are in pay status may be subject to a garnishment or wage assignment or authorized or mandatory deductions made pursuant to a court order, a tax levy or applicable law or your the Executive's elections.

Restraint on Alienation. None of your benefits, payments, proceeds or claims under this Agreement will be subject to any claim of any creditor and, in particular, the same will not be subject to attachment or garnishment or other legal process by any creditor, nor will you have any right to alienate, anticipate, commute, pledge, encumber or assign any of the benefits or payments of proceeds that you may expect to receive, contingently or otherwise, under this Agreement. Notwithstanding the preceding sentence, benefits that are in pay status payments may be subject to a garnishment or wage assignment or authorized or mandatory deductions made pursuant to a court order, a tax levy or applicable law or your elections.