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

RESIGNATION AND RETURN OF COMPANY PROPERTY. (1) Upon the termination by whatever means of this Agreement the Executive shall: (a) immediately resign from his office as a director of the Company and from such offices held by him in any Group Company without claim for compensation; and (b) 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 Company or of any Group Company which may be in his possession or under his power or control. (c) immediately deliver to the Company all details which must be provided under clause 13 above together with all material in whatever form which describes or embodies the concepts or designs which are so disclosed. (2) If the Executive fails to comply with clause 17(1) the Company is hereby irrevocably 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. (3) The Executive shall not without the consent of the Company at any time after the termination of this Agreement represent himself still to be connected with the Company or any Group Company.

Appears in 1 contract

Sources: Service Agreement (Huntingdon Life Sciences Group PLC)

RESIGNATION AND RETURN OF COMPANY PROPERTY. (1) Upon the termination by whatever means of this Agreement the Executive shall: (a) immediately resign from his office as a director of the Company Company, the Holding Company, and from such any other offices held by him in any Group Company without claim for compensation; and (b) 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 Company, the Holding Company or of any other Group Company which may be in his possession or under his power or control.; and (c) immediately deliver to the Company all details which must be provided under clause 13 14 above together with all material in whatever form which describes or embodies the concepts or designs which are so disclosed. (2) If the Executive fails to comply with clause 17(118(1) the Company is hereby irrevocably 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. (3) The Executive shall not not, without the consent of the Company Company, at any time after the termination of this Agreement represent himself still to be connected with the Company, the Holding Company or any other Group Company.

Appears in 1 contract

Sources: Service Agreement (Huntingdon Life Sciences Group PLC)

RESIGNATION AND RETURN OF COMPANY PROPERTY. (1) Upon the termination by whatever means of this Agreement the Executive shall: (a) immediately resign from his office as a director of the Company and the Holding Company and from such other offices held by him in any Group Company without claim for compensation; and (b) immediately deliver to the Company all credit cards motor-carscards, keys, computer media and other property in whatever form, of or relating to the business of the Company or of any Group Company Company, which may be in his possession or under his power or control.; and (c) immediately deliver to the Company all details which must be provided under clause 13 14 above together with all material in whatever form which describes or embodies the concepts or designs which are so disclosed. (2) If the Executive fails to comply with clause 17(120(1) the Company is hereby irrevocably 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. (3) The Executive shall not without the consent of the Company at any time after the termination of this Agreement represent himself still to be connected with the Company or any Group Company.

Appears in 1 contract

Sources: Service Agreement (Huntingdon Life Sciences Group PLC)