Common use of Non-Alienation Clause in Contracts

Non-Alienation. Executive 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 Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of Executive, his Executors, Administrators, Devisees and Heirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 8 contracts

Sources: Employment Agreement (Pride International Inc), Employment Agreement (Pride International Inc), Employment & Human Resources (Pride International Inc)

Non-Alienation. The Executive 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 the Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of the Executive, his Executorsexecutors, Administratorsadministrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 7 contracts

Sources: Retirement Agreement (Syntroleum Corp), Retirement Agreement (Syntroleum Corp), Retirement Agreement (Syntroleum Corp)

Non-Alienation. The Executive shall not have any right to pledge, 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 the Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject ,matter hereof. Upon the death of the Executive, his Executors, Administrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 6 contracts

Sources: Employment & Human Resources (Pride International Inc), Employment & Human Resources (Pride International Inc), Employment & Human Resources (Pride International Inc)

Non-Alienation. Executive shall not have any right to pledge, hypothecate, anticipate, anticipate or in any way create a lien 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 Executive lives, no person, other than the parties hereto, shall have any rights under or interest Nothing in this Agreement paragraph shall limit Executive’s rights or the subject matter hereof. Upon the death of Executive, powers which his Executors, Administrators, Devisees and Heirs, in that order, shall have the right to enforce the provisions hereofexecutor or administrator would otherwise have.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Pacific Capital Bancorp /Ca/), Agreement and Plan of Reorganization (Pacific Crest Capital Inc)

Non-Alienation. Executive 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 Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. hereof Upon the death of Executive, his Executors, Administrators, Devisees and Heirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 1 contract

Sources: Employment & Human Resources (Pride International Inc)

Non-Alienation. Executive 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 Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of Executive, his Executors, Administrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 1 contract

Sources: Employment & Human Resources (Pride International Inc)

Non-Alienation. The Executive shall not have any right to pledge, 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 the Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject subject, matter hereof. Upon the death of the Executive, his Executors, Administrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 1 contract

Sources: Employment & Human Resources (Vantage Energy Services, Inc.)

Non-Alienation. Executive 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 Executive lives, no person, other than the parties Parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of Executive, his Executorsbeneficiary under Section 6.09 or, Administratorsif none, Devisees his executors, administrators, devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof, to the extent applicable.

Appears in 1 contract

Sources: Executive Employment Agreement (Transmeridian Exploration Inc)

Non-Alienation. The Executive shall not have any right to pledge, 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 the Executive lives, no person, other than the parties hereto, shall have any rights under or interest in this Agreement or the subject matter hereof. Upon the death of the Executive, his Executors, Administrators, Devisees devisees and Heirsheirs, in that order, shall have the right to enforce the provisions hereof.

Appears in 1 contract

Sources: Employment Agreement (American Eco Corp)