No Assignment Clause Example from Business Contracts

This example No Assignment clause appears in 7 contracts from 1 company

No Assignment. Executive's rights to receive payments or benefits under this Agreement shall not be assignable or transferable whether by pledge, creation of a security interest or otherwise, other than a transfer by will or by the laws of descent or distribution. In the event of any attempted assignment or transfer contrary to this Section, the Employer shall have no liability to pay any amount so attempted to be assigned or transferred. This Agreement shall inure to the benefit of and be enforceable by Execu...tive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. View More Arrow