Common use of Safeguard and Return of Documents Clause in Contracts

Safeguard and Return of Documents. Upon termination of employment for any reason, or at any earlier time as directed by the Company, Executive shall immediately deliver to the Company any and all Confidential Information in Executive’s possession, custody or control, any other documents, data or information that Executive acquired as a result of Executive’s employment with the Company and any copies of any such documents/information. Executive shall not retain any originals or copies of any documents or materials related to the Company’s business, of which Executive came into possession or created as a result of Executive’s employment with the Company. Executive acknowledges that such information, documents and materials are the exclusive property of the Company. In addition, upon termination of employment, or at any time earlier as directed by the Company, Executive shall immediately deliver to the Company any property or assets of the Company in Executive’s possession, and acknowledges that Executive shall not be entitled to any Severance under Section 5 if he fails to return all assets and equipment provided to him for the performance of his duties.

Safeguard and Return of Documents. Upon termination of employment for any reason, or at any earlier time as directed by the Company, Executive shall immediately deliver to the Company any and all Confidential Information in Executive’s possession, custody or control, any other documents, data or information that Executive acquired as a result of Executive’s employment with the Company and any copies of any such documents/information. Executive shall not retain any originals or copies of any documents or materials related to the Company’s business, of which Executive came into possession or created as a result of Executive’s employment with the Company. Executive acknowledges that such information, documents and materials are the exclusive property of the Company. In addition, upon termination of employment, or at any time earlier as directed by the Company, Executive shall immediately deliver to the Company any property or assets of the Company in Executive’s possession, and acknowledges that Executive shall not be entitled to any Severance under Section 5 if he she fails to return all assets and equipment provided to him her for the performance of his her duties.