Common use of RESIGNATION AND RETURN OF COMPANY PROPERTY Clause in Contracts

RESIGNATION AND RETURN OF COMPANY PROPERTY. 20.1 Upon the termination by whatever means of this Agreement the Executive shall: 20.1.1 immediately resign from his office as a director of the Employer and from such offices held by him in any Group Company without claim for compensation; and 20.1.2 immediately deliver to the Company all credit cards motor-cars, keys, computer media and other property, in whatever form, of or relating to the business of the Employer or of any Group Company which may be in his possession or under his power or control. 20.2 If the Executive fails to comply with clause 20.2.5 and 21. 1.1 the Company is hereby irrevocably authorized to appoint some person in his name and on his behalf to sign and complete any documents or do any thing necessary to give effect to this clause. 20.3 The Executive shall not without the consent of the Employer at any time after the termination of this Agreement represent himself still to be connected with the Employer or any Group Company.

Appears in 3 contracts

Sources: Service Agreement (iCURIE, INC.), Service Agreement (iCURIE, INC.), Service Agreement (iCURIE, INC.)

RESIGNATION AND RETURN OF COMPANY PROPERTY. 20.1 Upon the termination by whatever means of this Agreement the Executive shall: 20.1.1 immediately resign from his office as a director of the Employer Company and from such offices held by him in any Group Company without claim for compensation; and 20.1.2 immediately deliver to the Company all credit cards cards, motor-cars, keys, computer media and other Company property or Group Company property, in whatever form, of or relating to the business of the Employer Company or of any Group Company which may be in his possession or under his power or control. 20.2 If the Executive fails to comply with clause 20.2.5 19.1.5 and 21. 1.1 20.1.1 the Company is hereby irrevocably authorized authorised to appoint some person in his name and on his behalf to sign and complete any documents or do any thing anything necessary to give effect to this clause. 20.3 The Executive shall not without the consent of the Employer Company at any time after the termination of this Agreement represent himself still to be connected with the Employer Company or any Group Company.

Appears in 2 contracts

Sources: Service Agreement (Midatech Pharma PLC), Service Agreement (Midatech Pharma PLC)

RESIGNATION AND RETURN OF COMPANY PROPERTY. 20.1 Upon the termination by whatever means of this Agreement the Executive shall: 20.1.1 immediately resign from his office as a director of the Employer Company and from such offices held by him in any Group Company without claim for compensation; and 20.1.2 immediately deliver to the Company all credit cards cards, motor-cars, keys, computer media and other Company property or Group Company property, in whatever form, of or relating to the business of the Employer Company or of any Group Company which may be in his possession or under his power or control. 20.2 If the Executive fails to comply with clause 20.2.5 19.1.5 and 21. 1.1 20.1.1 the Company is hereby irrevocably authorized authorised to appoint some person in his name and on his behalf to sign and complete any documents or do any thing necessary to give effect to this clause. 20.3 The Executive shall not without the consent of the Employer Company at any time after the termination of this Agreement represent himself still to be connected with the Employer Company or any Group Company.

Appears in 2 contracts

Sources: Service Agreement (Midatech Pharma PLC), Service Agreement (Midatech Pharma PLC)

RESIGNATION AND RETURN OF COMPANY PROPERTY. 20.1 Upon the termination by whatever means of this Agreement the Executive shall: 20.1.1 immediately resign from his office as a director of the Employer Company and from such offices held by him in any Group Company without claim for compensation; and 20.1.2 immediately deliver to the Company all credit cards cards, motor-cars, keys, computer media and other property, in whatever form, of or relating to the 10 business of the Employer Company or of any Group Company which may be in his possession or under his power or control. 20.2 If the Executive fails to comply with clause 20.2.5 19.1.5 and 21. 1.1 20.1.1 the Company is hereby irrevocably authorized authorised to appoint some person in his name and on his behalf to sign and complete any documents or do any thing necessary to give effect to this clause. 20.3 The Executive shall not without the consent of the Employer Company at any time after the termination of this Agreement represent himself still to be connected with the Employer Company or any Group Company.

Appears in 1 contract

Sources: Service Agreement (Titanium Asset Management Corp)