Sallie Mae 2015 Annual Report Download - page 197
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6.09 Whole Agreement. This Plan contains all the legally binding understandings and
agreements between the Eligible Officer and the Corporation pertaining to the subject matter thereof
and supersedes all such Agreements, whether oral or in writing, previously entered into between
the parties.
6.10 Withholding Taxes. All payments made under this Plan shall 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.