Nonalienation of Benefits. The Executive shall not have any right to pledge, hypothecate, anticipate or in any way create a lien upon any payments or other benefits provided under this Agreement; and no benefits payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts, or by operation of law, except by will or pursuant to the laws of descent and distribution.
Appears in 37 contracts
Samples: Employment Agreement (Dril-Quip Inc), Employment Agreement (Noble Corp), Employment Agreement (Dril-Quip Inc)
Nonalienation of Benefits. The Executive shall not have any right to pledge, hypothecate, anticipate anticipate, or in any way create a lien upon any payments or other benefits provided under this Agreement; and no benefits payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts, or by operation of law, except by will or pursuant to the laws of descent and distribution.
Appears in 16 contracts
Samples: Employment and Non Competition Agreement (Refco Global Capital Management LLC), Employment and Non Competition Agreement (Refco Inc.), Employment and Non Competition Agreement (Refco Information Services, LLC)
Nonalienation of Benefits. The Executive shall not have any right to pledge, hypothecate, anticipate anticipate, or in any way create a lien upon any payments or other benefits provided under this Agreement; and no benefits payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts, or by operation of law, except by will or pursuant to the laws of descent decent and distribution.
Appears in 2 contracts
Samples: Employment Agreement (Corrida Resources Inc), Employment Agreement (Corrida Resources Inc)
Nonalienation of Benefits. The Executive shall not have any right to ------------------------- pledge, hypothecate, anticipate or in any way create a lien upon any payments or other benefits provided under this Agreement; and no benefits payable hereunder shall be assignable in anticipation of payment either by voluntary or involuntary acts, or by operation of law, except by will or pursuant to the laws of descent and distribution.
Appears in 2 contracts
Samples: Employment Agreement (Loislaw Com Inc), Employment Agreement (Loislaw Com Inc)
Nonalienation of Benefits. The Executive shall will not have any right to pledge, hypothecate, anticipate anticipate, or in any way create a lien upon any payments or other benefits provided under this Agreement; and no benefits payable hereunder shall will be assignable in anticipation of payment payment, either by voluntary or involuntary acts, acts or by operation of law, except by will or pursuant to the laws of descent and distribution.
Appears in 2 contracts
Samples: Executive Employment Agreement (Cannasys Inc), Executive Employment Agreement (Cannasys Inc)