Employee's Obligations upon Termination of Employment Clause Samples
The 'Employee's Obligations upon Termination of Employment' clause defines the responsibilities that an employee must fulfill when their employment ends, whether through resignation, dismissal, or mutual agreement. Typically, this clause requires the employee to return all company property, settle outstanding accounts, and maintain confidentiality regarding sensitive information acquired during employment. Its core practical function is to ensure a smooth transition and protect the employer’s interests by clearly outlining the employee’s duties at the end of the employment relationship.
Employee's Obligations upon Termination of Employment. Upon the termination of his employment hereunder for whatever reason Employee shall:
(a) tender his resignation from any directorship or office he may hold in the Company or any of its subsidiaries or affiliates, and not at any time represent himself still to be connected with or to have any connection with the Company or its subsidiaries or affiliates; and
(b) observe all post-employment covenants set forth in this Agreement.
Employee's Obligations upon Termination of Employment