Return of Employer Property on Termination Clause Samples
The 'Return of Employer Property on Termination' clause requires employees to return all company-owned property when their employment ends. This typically includes items such as laptops, access cards, documents, and any confidential information, whether in physical or electronic form. By mandating the prompt return of these assets, the clause helps protect the employer’s resources and sensitive information, ensuring a clear separation between the departing employee and the company.
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Return of Employer Property on Termination. The Employee agrees to promptly return the Employer's property to the Employer's Florida headquarters upon termination of his employment with the Employer. The Employer reserves the right to take appropriate legal action against the Employee in the event of a breach of this provision.
Return of Employer Property on Termination. Employees must return to the Employer all Employer property in their possession at the time of termination of employment. The Employer shall take such action as required to recover the value of articles which are not returned.
Return of Employer Property on Termination. Employee agrees to promptly return the property of Employer and/or Related Entities, and any other party for whom Employer and/or the Related Entities has agreed to hold property, to Employer’s headquarters upon termination of his employment with Employer. Failure to comply with this provision will result in the immediate suspension of any payment then due and owing to Employee under this Agreement until such property is returned. Employer reserves the right to take appropriate legal action against Employee in the event of a breach of this provision.