Common use of Prohibition Against Assignment Clause in Contracts

Prohibition Against Assignment. The Employee agrees, for himself and on behalf of his successors, heirs, executors, administrators, and any person or persons claiming under him by virtue hereof, that this Agreement and the rights, interests, and benefits hereunder cannot be assigned, transferred, pledged, or hypothecated in any way and shall not be subject to execution, attachment, or similar process. Any such attempt to do so, contrary to the terms hereof, shall be null and void and shall relieve the Company of any and all obligations or liability hereunder.

Appears in 15 contracts

Samples: Employment Agreement (Flight Safety Technologies Inc), Employment Agreement (Flight Safety Technologies Inc), Employment Agreement (Flight Safety Technologies Inc)

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Prohibition Against Assignment. The Employee agrees, for himself and on behalf of his successors, heirs, executors, administrators, and any person or persons claiming under him by virtue hereof, that this Agreement and the rights, interests, and benefits hereunder cannot be assigned, transferred, pledged, or hypothecated in any way and shall not be subject to execution, attachment, or similar process. Any such attempt to do so, contrary to the terms hereof, shall be null and void and shall relieve the Company of any and all obligations or liability hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Lithium Technology Corp), Employment Agreement (Dynamic Applications Corp), Employment Agreement (Lithium Technology Corp)

Prohibition Against Assignment. The Employee agrees, for himself and on behalf of himself or herself and his successors, heirs, executors, administratorsor her personal representatives, and any other person or persons claiming any benefits under him or her by virtue hereofof this Agreement, that this Agreement and the rights, interests, interests and benefits hereunder canshall not be assigned, transferred, pledged, transferred or hypothecated pledged in any way by Employee or any person claiming under him or her by virtue of this Agreement, and shall not be subject to execution, attachment, garnishment or similar process. Any such attempt to do so, contrary to the terms hereof, shall be null and void and shall relieve the Company of any and all obligations or liability hereunder.

Appears in 2 contracts

Samples: Senior Officer Employment And (Regis Corp), Employment and Deferred Compensation Agreement (Regis Corp)

Prohibition Against Assignment. The Employee agrees, for himself and on behalf of his successors, heirs, executors, administrators, and any person or persons claiming under him by virtue hereof, that this Agreement and the rights, interests, and benefits hereunder cannot be assigned, transferred, pledged, or hypothecated in any way and shall not be subject to execution, attachment, or similar process. Any such attempt to do so, contrary to the terms hereof, shall be null and void and shall relieve the Company of any and all obligations or liability hereundervoid.

Appears in 2 contracts

Samples: Employment Agreement (Flight Safety Technologies Inc), Employment Agreement (Flight Safety Technologies Inc)

Prohibition Against Assignment. The Employee agrees, for himself and agrees on behalf of himself and his successors, heirs, executors, administrators, heirs, legatees, distributes, and any other person or persons claiming any benefit under him his by virtue hereofof this Agreement, that this Agreement and the rights, interests, interest and benefits hereunder canshall not be assigned, transferred, pledged, transferred or hypothecated pledged in any way and shall not be subject to execution, attachment, or similar process. Any such attempt to do so, contrary to the terms hereof, shall be null and void and shall relieve the Company of any and all obligations or liability hereunderway.

Appears in 1 contract

Samples: Interim City Manager Employment Agreement

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Prohibition Against Assignment. The Employee agrees, for himself and on behalf of himself and his successors, heirs, executors, administratorspersonal representatives, and any other person or persons claiming any benefits under him or her by virtue hereofof this Agreement, that this Agreement and the rights, interests, interests and benefits hereunder canshall not be assigned, transferred, pledged, transferred or hypothecated pledged in any way by Employee or any person claiming under him or her by virtue of this Agreement, and shall not be subject to execution, attachment, garnishment or similar process. Any such attempt to do so, contrary to the terms hereof, shall be null and void and shall relieve the Company of any and all obligations or liability hereunder.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Regis Corp)

Prohibition Against Assignment. The Employee agrees, for himself and on behalf of himself and his successors, heirs, executors, administratorspersonal representatives, and any other person or persons claiming any benefits under him by virtue hereofof this Agreement, that this Agreement and the rights, interests, interests and benefits hereunder canshall not be assigned, transferred, pledged, transferred or hypothecated pledged in any way by Employee or any person claiming under him by virtue of this Agreement, and shall not be subject to execution, attachment, garnishment or similar process. Any such attempt to do so, contrary to the terms hereof, shall be null and void and shall relieve the Company of any and all obligations or liability hereunder.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Regis Corp)

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