Nonalienation of Benefits Clause Example from Business Contracts

This example Nonalienation of Benefits clause appears in 8 contracts from 5 companies

Nonalienation of Benefits. Except as provided in Section 8 and prior to the vesting of any Restricted Stock Unit, (a) no right or benefit under this Agreement will be subject to anticipation, alienation, sale, assignment, hypothecation, pledge, exchange, transfer, encumbrance or charge, and any attempt to anticipate, alienate, sell, assign, hypothecate, pledge, exchange, transfer, encumber or charge the same will be void, and (b) no right or benefit hereunder will in any manner be subjected to or liable for the debts, con...tracts, liabilities or torts of the Grantee or other person entitled to such benefits. View More Arrow