Spendthrift Provision. A Participant’s rights to pay for Benefit Options under the Plan with pre-tax compensation shall not be assignable or subject to attachment or receivership, nor shall they pass to any trustee in bankruptcy or be reached or applied by any legal process for the payment of any obligations of the Participant.
Appears in 12 contracts
Samples: Children's Friend and Service Premium Conversion Plan, Premium Conversion Plan, Premium Conversion Plan