Benefits Not Alienable Sample Clauses
The "Benefits Not Alienable" clause establishes that the rights or advantages granted under an agreement cannot be transferred, assigned, or otherwise conveyed to another party by the beneficiary. In practice, this means that if a party is entitled to certain benefits—such as payments, services, or privileges—those entitlements must remain with the original party and cannot be sold, gifted, or otherwise passed on to someone else without explicit permission. This clause serves to ensure that the benefits of the contract remain with the intended recipient, preventing unauthorized transfers and maintaining the integrity of the contractual relationship.
Benefits Not Alienable. Other than as provided above, benefits under the Plan may not be assigned or alienated, whether voluntarily or involuntarily. Any unauthorized attempt at assignment, transfer, pledge or other disposition shall be without effect.
Benefits Not Alienable. 84 8.2 Special Provision with Respect to Qualified Domestic Relations Orders. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 Article IX THE ADMINISTRATIVE COMMITTEE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 9.1 Structure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 9.2
Benefits Not Alienable. Benefits under the Plan may not be assigned or alienated, whether voluntarily or involuntarily. Any attempt at assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such act as an election to withdraw funds in accordance with Article 8.
Benefits Not Alienable. The right of any Participant or Beneficiary to any benefit payment under the Plan shall not be subject to attachment, execution, garnishment, any voluntary or involuntary alienation or assignment or to any other legal or equitable process. The preceding sentence shall also apply to the creation, assignment, or recognition of a right to any benefit payable with respect to a Participant pursuant to a domestic relations order, unless such order is determined to be a Qualified Domestic Relations Order or any domestic relations order entered before January 1, 1985.