Common use of Non-Alienation Clause in Contracts

Non-Alienation. Employee shall not have any right to pledge, hypothecate, anticipate, or in any way create a lien upon any amounts provided under this Agreement, and no payments or benefits due hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts or by operation of law. So long as Employee lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof.

Non-Alienation. The Employee shall not have any right to pledge, hypothecate, anticipate, or in any way create a lien or security interest upon any amounts provided under this Agreement, ; and no payments or benefits due payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts acts, or by operation of law. So long as Employee lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement except by will or the subject matter hereoflaws of descent and distribution.

Non-Alienation. THE Employee shall not have any right to pledge, hypothecate, anticipate, or in any way create a lien or security interest upon any amounts provided under this Agreement, ; and no payments or benefits due payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts acts, or by operation of law. So long as Employee lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement except by will or the subject matter hereoflaws of descent and distribution.