Interest Not Assignable. It is a condition of this Plan, and all rights of each Participant shall be subject thereto, that no right or interest of any Participant under this Plan or in his or her credited Deferrals shall be assignable or transferable in whole or in part, either directly or by operation of law or otherwise, including without limitation, execution, levy, garnishment, attachment, pledge, bankruptcy, or in any other manner, subject, however, to applicable law, but excluding devolution by death or mental incompetency, and no right or interest of any Participant under this Plan or in his or her credited Deferrals shall be liable for or subject to any obligation or liability of such Participant, subject, however, to applicable law.

Interest Not Benefits Non‑Assignable. It is a condition of this Plan, and all rights of each Participant shall be subject thereto, that noNo right or interest of any Participant undera participant in this Plan or in his or her credited Deferrals shall be assignable or transferabletransferable, in whole or in part, either directly or by operation of law or otherwise, including withoutbut not by way of limitation, execution, levy, garnishment, attachment, pledge, bankruptcy, assignments for the benefit of creditors, receiverships, or in any other manner, subject, however, to applicable law, but excluding devolutiontransfer by death oroperation of law as a result solely of mental incompetency, and no right or interest of any Participant under this Plan or in his or her credited Deferrals shall be liable for or subject to any obligation or liability of such Participant, subject, however, to applicable law.incompetency.

Interest Not Assignable. It is a condition of this Plan, and all rights of each Participant shall be subject thereto, that noNo Assignment. No right or interest of anya Participant under this Plan may be sold, assigned, transferred, pledged, or in his or her credited Deferrals shall be assignable or transferable in whole or in part,otherwise encumbered, either directlyvoluntarily or by operation of lawlaw, except by will or otherwise, including without limitation, execution, levy, garnishment, attachment, pledge, bankruptcy, or in any other manner, subject, however, to applicable law, but excluding devolution by death or mental incompetency,the laws of descent and nodistribution. No right or interest of anya Participant under this Plan or in his or her credited Deferrals shallwill be liable for or subject to the claims of any obligationcreditor or liability of such Participant, subject, however, to applicable law.any liens.