Common use of No Assignment by Executive Clause in Contracts

No Assignment by Executive. Except as otherwise provided in Section 9(b), the Executive’s rights and interests under this Agreement shall not be assignable (in law or in equity) or subject to any manner of alienation, sale, transfer, claims of creditors, pledge, attachment, garnishment, levy, execution or encumbrances of any kind.

Appears in 5 contracts

Samples: Severance Compensation Agreement (Aci Worldwide, Inc.), Stock Option Agreement (Transaction Systems Architects Inc), Severance Compensation Agreement (Transaction Systems Architects Inc)

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No Assignment by Executive. Except as otherwise provided in Section 9(b), the Executive’s 's rights and interests interest under this Agreement shall not be assignable (in law or in equity) or subject to any manner of alienation, sale, transfer, claims of creditors, pledge, attachment, garnishment, levy, execution or encumbrances of any kind.

Appears in 3 contracts

Samples: Severance Compensation Agreement, Severance Compensation Agreement (DSC Communications Corp), Severance Compensation Agreement (Transaction Systems Architects Inc)

No Assignment by Executive. Except as otherwise provided in Section 9(b), the Executive’s 's rights and interests under this Agreement shall not be assignable (in law or in equity) or subject to any manner of alienation, sale, transfer, claims of creditors, pledge, attachment, garnishment, levy, execution or encumbrances of any kind.

Appears in 2 contracts

Samples: Severance Compensation Agreement (Transaction Systems Architects Inc), Stock Option Agreement (Transaction Systems Architects Inc)

No Assignment by Executive. Except as otherwise provided in Section 9(b7(b), the Executive’s 's rights and interests under this Agreement shall not be assignable (in law or in equity) or subject to any manner of alienation, sale, transfer, claims of creditors, pledge, attachment, garnishment, levy, execution or encumbrances of any kind.

Appears in 1 contract

Samples: Control Severance Compensation Agreement (Transaction Systems Architects Inc)

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No Assignment by Executive. Except as otherwise provided in Section 9(b5(b), the Executive’s rights and interests under this Agreement shall not be assignable (in law or in equity) or subject to any manner of alienation, sale, transfer, claims of creditors, pledge, attachment, garnishment, levy, execution or encumbrances of any kind.

Appears in 1 contract

Samples: Severance Compensation Agreement (Transaction Systems Architects Inc)

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