Spendthrift Clause. Neither you nor any beneficiary entitled to payment hereunder shall have any right to anticipate, alienate, sell, transfer, assign or encumber any benefit or payment hereunder nor shall such rights thereto be subject to attachment or other legal process for your or a beneficiary's debts.
Appears in 3 contracts
Samples: Phantom Stock Long Term Incentive Plan (Spectrum Bancorporation Inc), President's Phantom Stock Long Term Incentive Plan (Spectrum Bancorporation Inc), Phantom Stock Long Term Incentive Plan (Spectrum Capital Trust Ii)
Spendthrift Clause. Neither you nor any beneficiary entitled to payment hereunder shall have any right to anticipate, alienate, sell, transfer, assign or encumber any benefit or payment hereunder nor shall such rights thereto be subject to attachment or other legal process for your or a beneficiary's ’s debts.
Appears in 1 contract
Samples: Phantom Stock Long Term Incentive Plan (Great Western Bancorporation Inc)