Sallie Mae 2015 Annual Report Download - page 175
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6.10 Withholding Taxes. All payments made under this Plan will be subject to
reduction to reflect taxes required to be withheld by law.
6.11 No Assignment. The rights of an Eligible Officer to payments or benefits under
this Plan shall not be made subject to option or assignment, either by voluntary or involuntary
assignment or by operation of law, including (without limitation) bankruptcy, garnishment,
attachment or other creditor’s process, and any action in violation of this Section 6.11 shall be
void.