Common use of No Assignment of Benefits Clause in Contracts

No Assignment of Benefits. Benefits payable to Plan participants and their beneficiaries under this Trust Agreement may not be anticipated, assigned (either at law or in equity), alienated, pledged, encumbered or subjected to attachment, garnishment, levy, execution or other legal or equitable process.

Appears in 7 contracts

Samples: Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Deferred Compensation Plan (Fremont General Corp), Contingent Share Award Agreement (Flextronics International LTD)

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No Assignment of Benefits. Benefits payable to on behalf of a Plan participants participant and their his or her beneficiaries under this Trust Agreement may not be anticipated, assigned (either at law or in equity), alienated, pledged, encumbered or subjected to attachment, garnishment, levy, execution or other legal or equitable process.

Appears in 1 contract

Samples: Trust Agreement (Shore Bancshares Inc)

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No Assignment of Benefits. Benefits payable to a Plan participants participant and their his or her beneficiaries under this Trust Agreement may not be anticipated, assigned (either at law or in equity), alienated, pledged, encumbered encumbered, or subjected to attachment, garnishment, levy, execution execution, or other legal or equitable process.

Appears in 1 contract

Samples: Trust Agreement (Bank of Kentucky Financial Corp)

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