Upon termination of Employee. s employment with Company for any reason whatsoever, and as a condition to the fulfillment of Company’s obligations, if any, towards Employee at such time, Employee affirms and undertakes to (i) transfer his position to his replacement, as shall be determined by Company, in an efficient, complete, appropriate and orderly manner, (ii) return to Company’s principal office the Cellular Phone and any other equipment (including a personal computer, a laptop and the like) or documentation, in any media (collectively: the “Company Equipment”). Employee shall have no (and hereby waives any) rights of lien with respect to any asset or right comprising the Company Equipment.
Appears in 2 contracts
Sources: Share Purchase Agreement (WhiteSmoke, Inc.), Share Purchase Agreement (WhiteSmoke, Inc.)