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A Participant or Participant’s beneficiary shall have no right to anticipate, alienate, sell, transfer, assign, pledge or encumber any right to receive any Award made under the Plan, nor will any Participant or Participant’s beneficiary have any lien on any assets of the Company, or any affiliate thereof, by reason of any Award made under the Plan. No Award shall be in any manner subject to the debts, contracts, liabilities, engagements, or torts of any Participant.

ANo right or interest under the Plan of any Participant or Participant’s beneficiaryBeneficiary shall be subject at any time or in any manner to anticipation, alienation, assignment (either at law or in equity), encumbrance (as security or otherwise), garnishment, levy, execution, or other legal or equitable process, and no Participant or Beneficiary shall have no rightthe power at any time or in any manner to anticipate, transfer, assign (either at law or in equity), alienate, sell, transfer, assign, pledge or encumbersubject to attachment, garnishment, levy, execution or other legal or equitable process, or in any right to receive any Award madeway encumber, such Participant's or Beneficiary's rights or interests under the Plan, nor willand any attempt to do so shall be void; provided, however, that the Company shall have the unrestricted right to set off against or recover out of any payments due a Participant or Participant’s beneficiaryBeneficiary at the time such payments would have otherwise been payable hereunder, any lien on any assets ofamounts owed the Company,Company or any affiliate thereof,Affiliated Company by reason of any Award made under the Plan. No Award shall be in any manner subject to the debts, contracts, liabilities, engagements,such Participant or torts of any Participant.Beneficiary.

A ParticipantNon-Assignability. No right or Participant’s beneficiarybenefit hereunder shall have no right to anticipate, alienate, sell, transfer, assign, pledge or encumber any right to receive any Award made under the Plan, nor will any Participant or Participant’s beneficiary have any lien on any assets of the Company, or any affiliate thereof, by reason of any Award made under the Plan. No Award shall be in any manner be subject to the debts, contracts, liabilities, engagements,liabilities or torts of anythe person entitled to such right or benefit. No Award under the Plan shall be assignable or transferable by the Participant except by will, by the laws of descent and distribution and by such other means as the Committee may approve from time to time, and all Awards shall be exercisable, during the Participant’s lifetime, only by the Participant.

ANeither the Plan nor any Award shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company and a Participant or Participant’s beneficiary shall have no right to anticipate, alienate, sell, transfer, assign, pledge or encumber any other person. To the extent that any person acquires a right to receive payments from the Company pursuant to an Award, such right shall be no greater than the right of any Award made under the Plan, nor will any Participant or Participant’s beneficiary have any lien on any assetsunsecured general creditor of the Company, or any affiliate thereof, by reason of any Award made under the Plan. No Award shall be in any manner subject to the debts, contracts, liabilities, engagements, or torts of any Participant.Company.

ANeither the Plan nor any Award shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company and a Participant or Participant’s beneficiary shall have no right to anticipate, alienate, sell, transfer, assign, pledge or encumber any other person. To the extent that any person acquires a right to receive payments from the Company pursuant to an Award, such right shall be no greater than the right of any Award made under the Plan, nor will any Participant or Participant’s beneficiary have any lien on any assetsunsecured general creditor of the Company, or any affiliate thereof, by reason of any Award made under the Plan. No Award shall be in any manner subject to the debts, contracts, liabilities, engagements, or torts of any Participant.Company.

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