NON-ALIENABILITY. 8.01 Neither the Executive nor any beneficiary under this Agreement shall have any power or right to transfer, assign, anticipate, mortgage, commute, or otherwise encumber in advance any of the benefits payable hereunder, nor shall said benefits be subject to seizure for the payment of any debts or judgments or be transferable by operation of law in the event of bankruptcy, insolvency, or otherwise, in the event the foregoing restriction is violated, all benefits shall cease and terminate.
NON-ALIENABILITY. Your interest under this Agreement is not subject to anticipation, alienation, assignment or attachment and may not be transferred or encumbered in any manner, either voluntarily or involuntarily, and any attempt so to anticipate, alienate, sell, transfer, assign, pledge, encumber, or charge the same shall be null and void; neither shall the benefits hereunder be liable for or subject to your debts, contracts, liabilities, engagement, or torts, nor shall they be subject to garnishment, attachment, or other legal or equitable process nor shall they be an asset in bankruptcy, except that not amount shall be payable hereunder until and unless any and all amounts representing debts or other obligations owed to any company by you shall have been fully paid and satisfied. 11.
NON-ALIENABILITY. The rights of a SERP Participant to the payment of benefits as provided in the SERP may not be assigned, transferred, pledged or encumbered or be subject in any manner to alienation or anticipation. No SERP Participant may borrow against the Participant's interest in the SERP. No interest or amounts payable under the SERP may be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, charge, garnishment, execution or levy of any kind, whether voluntary or involuntary, including but not limited to, any liability which is for alimony or other payments for the support of a spouse or former spouse, or for any other relative of any Participant.
NON-ALIENABILITY. It is agreed that neither Executive, nor his spouse, nor any other assignee, shall have any right to commute, sell, assign, transfer or otherwise convey the right to receive any payments hereunder, which payments and the right thereto are expressly declared to be non-assignable and non-transferable; and, in the event of any attempted assignment or transfer, the Bank shall have no further liability hereunder.
NON-ALIENABILITY. Neither the Executive nor any beneficiary(ies) under this Agreement shall have any power or right to transfer, assign, anticipate, pledge, mortgage, commute or otherwise encumber in advance any of the benefits payable hereunder, nor shall said benefits be subject to seizure for the payment of any debts or judgments or be transferable by operation of law in the event of bankruptcy, insolvency, or otherwise. PARTICIPATION IN OTHER PLANS Nothing contained in this Agreement shall be construed to alter, abridge, or in any manner affect the rights and privileges of the Executive to participate in any pension, profit-sharing, or other plan or plans the Company may now or hereafter provide.
NON-ALIENABILITY. To the extent permitted by the law the interest hereunder of a Participant or his beneficiary shall not be alienable by assignment or by any other method, and shall not be subject to taking by the creditors of such Participant or his beneficiary by any process whatsoever. The preceding sentence shall apply to the creation, assignment, or recognition of a right to any benefit payable with respect to a Participant pursuant to a domestic relations order, unless such order is determined to be an income deduction order qualified under Florida law.
