Example ContractsClausesreturn of the company propertyVariants
Return of the Company Property
Return of the Company Property contract clause examples

Return of Company Property. Employee agrees to immediately return to Company any and all property of Company in Employee’s possession, custody, or control. No severance shall be paid pursuant to this Agreement until all Company property is returned.

Return of Company Property. Employee agrees that upon termination of the Employee’s employment with the Company, for any reason, Employee shall return to the Company, in good condition, all property of the Company, whether in hard copy, electronic or any other format, including without limitation, the originals and all copies of any materials which contain, reflect, summarize, describe, analyze or refer or relate to any items of information listed in Section 6.1 of this Agreement. In the event that such items are not so returned, the Company will have the right to charge the Employee for all reasonable damages, costs, attorneys’ fees and other expenses incurred in searching for, taking, removing and/or recovering such property. These amounts are in addition to any other damages that may be had under this Agreement.

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