Common use of Executives Termination Obligations Clause in Contracts

Executives Termination Obligations. On the Termination Date, Executive will be deemed to have resigned from all offices and directorships, if any, then held with the Company or any subsidiary or affiliate, and, at the Company's request, Executive will execute such documents as are necessary or desirable to effectuate such resignations. Furthermore, on the Termination Date, Executive will return all property of the Company, including but not limited to any confidential or propriety information (howsoever stored in any format) in Executive's possession or control, as well as such other property including but not limited to any Computer, Blackberry, IPAD, or cell phone, keys, building cards, company credit cards, or the like.

Appears in 4 contracts

Samples: Severance Agreement (Spectranetics Corp), Severance Agreement (Spectranetics Corp), Severance Agreement (Spectranetics Corp)

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Executives Termination Obligations. On Upon termination of the Termination DateEmployment Period for any reason, Executive will shall be deemed to have resigned from all offices and directorships, if any, then held with the Company or any subsidiary or affiliate, and, at the Company's request, Executive will shall execute such documents as are necessary or desirable to effectuate such resignations. Furthermore, on the Termination Date, Executive will return all property of the Company, including but not limited to any confidential or propriety information (howsoever stored in any format) in Executive's possession or control, as well as such other property including but not limited to any Computercomputer, Blackberry, IPAD, or cell phone, keys, building cards, company credit cards, or the like.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Spectranetics Corp)

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