Common use of General Termination Provisions Clause in Contracts

General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, upon receipt of written request from the Company, shall promptly (i) deliver up to the Company any property belonging to the Company or any other Group Company which may be in her possession or under her control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and permit her to remove from the premises of the Company and any other Group Company, any property, personal records, files, etc. belonging to the Executive; and (ii) resign on request by the Company or the GSK Board (if she has not already done so) from all offices held by her in the Company and any other Group Company (except for any she is entitled to retain under any separate agreement with any Group Company), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on her behalf and do all things necessary to effect such resignations; PROVIDED, however, that any such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreement. 12.2 Any termination of the Employment shall be without prejudice to the Executive’s and the Company’s continuing obligations under this Agreement. 12.3 Upon the termination of the Executive’s employment for whatever reason, the Executive shall immediately repay all outstanding debts or loans due to the Company or any Group Company and the Company is hereby authorised to deduct from any payment of wages any sum in repayment of all or any part of such debts or loans. 12.4 The terms of the GSK Redundancy Policy as in force from time to time, shall not apply to the Executive who shall only be entitled to statutory redundancy pay in addition to any other entitlement under this Agreement if her Employment is terminated by reason of redundancy.

Appears in 4 contracts

Samples: Service Agreement, Service Agreement (Glaxosmithkline PLC), Service Agreement (Glaxosmithkline PLC)

AutoNDA by SimpleDocs

General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, upon receipt of written request from the Company, shall promptly (i) deliver up to the Company any property belonging to the Company or any other Group Company which may be in her his possession or under her his control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and permit her him to remove from the premises of the Company and any other Group Company, any property, personal records, files, etc. belonging to the Executive; and (ii) resign on request by the Company or the GSK Board (if she he has not already done so) from all offices held by her him in the Company and any other Group Company (except for any she he is entitled to retain under any separate agreement with any Group Company), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on her his behalf and do all things necessary to effect such resignations; PROVIDED, however, that any such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreement. 12.2 Any termination of the Employment shall be without prejudice to the Executive’s and the Company’s continuing obligations under this Agreement. 12.3 Upon the termination of the Executive’s employment for whatever reason, the Executive shall immediately repay all outstanding debts or loans due to the Company or any Group Company and the Company is hereby authorised to deduct from any payment of wages any sum in repayment of all or any part of such debts or loans. 12.4 The terms of the US GSK Redundancy Severance Policy as in force from time to time, shall not apply to the Executive who shall only be entitled to statutory redundancy pay in addition to any other entitlement under this Agreement if her Employment is terminated by reason of redundancyExecutive.

Appears in 4 contracts

Samples: Service Agreement (Glaxosmithkline PLC), Service Agreement (Glaxosmithkline PLC), Service Agreement (Glaxosmithkline PLC)

General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, upon receipt of written request from the Company, shall promptly (i) deliver up to the Company any property belonging to the Company or any other Group Company which may be in her his possession or under her his control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and permit her him to remove from the premises of the Company and any other Group Company, any property, personal records, files, etc. belonging to the Executive; and (ii) resign on request by the Company or the GSK Board (if she he has not already done so) from all offices held by her him in the Company and any other Group Company (except for any she he is entitled to retain under any separate agreement with any Group Company), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on her his behalf and do all things necessary to effect such resignations; PROVIDED, however, that any such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreement. 12.2 Any termination of the Employment shall be without prejudice to the Executive’s and the Company’s continuing obligations under this Agreement. 12.3 Upon the termination of the Executive’s employment for whatever reason, the Executive shall immediately repay all outstanding debts or loans due to the Company or any Group Company and the Company is hereby authorised to deduct from any payment of wages any sum in repayment of all or any part of such debts or loans. 12.4 The terms of the GSK Redundancy Policy as in force from time to time, shall not apply to the Executive who shall only be entitled to statutory redundancy pay in addition to any other entitlement under this Agreement if her his Employment is terminated by reason of redundancy.

Appears in 3 contracts

Samples: Service Agreement (Glaxosmithkline PLC), Service Agreement (Glaxosmithkline PLC), Uk Service Agreement (Glaxosmithkline PLC)

General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, upon receipt of written request from the Company, shall promptly: (i) deliver up to the Company any property belonging to the Company or any other Group Company which may be in her his possession or under her his control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and permit her him to remove from the premises of the Company and any other Group Company, any property, personal records, files, etc. belonging to the Executive; and (ii) resign on request by the Company or the GSK Board (if she he has not already done so) from all offices held by her him in the Company and any other Group Company (except for any she he is entitled to retain under any separate agreement with any Group Company), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on her his behalf and do all things necessary to effect such resignations; PROVIDED, however, that any such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreement. 12.2 Any termination of the Employment shall be without prejudice to the Executive’s and the Company’s continuing obligations under this Agreement. 12.3 Upon the termination of the Executive’s employment Employment for whatever reason, the Executive shall immediately repay all outstanding debts or loans due to the Company or any Group Company and the Company is hereby authorised to deduct from any payment of wages any sum in repayment of all or any part of such debts or loansCompany. 12.4 The terms of the US GSK Redundancy Policy Severance Pay Plan or any other severance policy as in force from time to time, shall not apply to the Executive who shall only be entitled to statutory redundancy pay in addition to any other entitlement under this Agreement if her Employment is terminated by reason of redundancyExecutive.

Appears in 3 contracts

Samples: Service Agreement (Glaxosmithkline PLC), Service Agreement (Glaxosmithkline PLC), Service Agreement (Glaxosmithkline PLC)

General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, upon receipt of written request from the Company, shall promptly (i) deliver up to the Company any property belonging to the Company or any other Group Company which may be in her his possession or under her his control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and permit her him to remove from the premises of the Company and any other Group Company, any property, personal records, files, etc. belonging to the Executive; and (ii) resign on request by the Company or the GSK Board (if she he has not already done so) from all offices held by her him in the Company and any other Group Company (except for any she he is entitled to retain under any separate agreement with any Group Company), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on her his behalf and do all things necessary to effect such resignations; PROVIDED, however, that any such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreement. 12.2 Any termination of the Employment shall be without prejudice to the Executive’s and the Company’s continuing obligations under this Agreement. 12.3 Upon the termination of the Executive’s employment for whatever reason, the Executive shall immediately repay all outstanding debts or loans due to the Company or any Group Company and the Company is hereby authorised to deduct from any payment of wages any sum in repayment of all or any part of such debts or loans. 12.4 The terms of the GSK UK Redundancy Policy as in force from time to time, shall not apply to the Executive who shall only be entitled to statutory redundancy pay in addition to any other entitlement under this Agreement if her his Employment is terminated by reason of redundancy.

Appears in 1 contract

Samples: Service Agreement (Glaxosmithkline PLC)

AutoNDA by SimpleDocs

General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, upon receipt of written request from the Company, shall promptly (i) deliver up to the Company any property belonging to the Company or any other Group Company which may be in her his possession or under her his control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and permit her him to remove from the premises of the Company and any other Group Company, any property, personal records, files, etc. belonging to the Executive; and (ii) resign on request by the Company or the GSK Board (if she he has not already done so) from all offices held by her him in the Company and any other Group Company (except for any she he is entitled to retain under any separate agreement with any Group Company), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on her his behalf and do all things necessary to effect such resignations; PROVIDED, however, that any such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreement. 12.2 Any termination of the Employment shall be without prejudice to the Executive’s and the Company’s continuing obligations under this Agreement. 12.3 Upon the termination of the Executive’s employment for whatever reason, the Executive shall immediately repay all outstanding debts or loans due to the Company or any Group Back to Contents Company and the Company is hereby authorised to deduct from any payment of wages any sum in repayment of all or any part of such debts or loans. 12.4 The terms of the US GSK Redundancy Severance Policy as in force from time to time, shall not apply to the Executive who shall only be entitled to statutory redundancy pay in addition to any other entitlement under this Agreement if her Employment is terminated by reason of redundancyExecutive.

Appears in 1 contract

Samples: Service Agreement (Glaxosmithkline PLC)

General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, upon receipt of written request from the Company, shall promptly (i) deliver up to the Company any property belonging to the Company or any other Group Company which may be in her his possession or under her his control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and permit her him to remove from the premises of the Company and any other Group Company, any property, personal records, files, etc. belonging to the Executive; and (ii) resign on request by the Company or the GSK Board (if she he has not already done so) from all offices held by her him in the Company and any other Group Company (except for any she he is entitled to retain under any separate agreement with any Group Company), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on her his behalf and do all things necessary to effect such resignations; PROVIDED, however, that any such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreement.. Back to Contents 12.2 Any termination of the Employment shall be without prejudice to the Executive’s and the Company’s continuing obligations under this Agreement. 12.3 Upon the termination of the Executive’s employment for whatever reason, the Executive shall immediately repay all outstanding debts or loans due to the Company or any Group Company and the Company is hereby authorised to deduct from any payment of wages any sum in repayment of all or any part of such debts or loans. 12.4 The terms of the GSK Redundancy Policy as in force from time to time, shall not apply to the Executive who shall only be entitled to statutory redundancy pay in addition to any other entitlement under this Agreement if her his Employment is terminated by reason of redundancy.

Appears in 1 contract

Samples: Service Agreement (Glaxosmithkline PLC)

General Termination Provisions. 12.1 On the termination of the Employment for whatever reason, or at any other time when requested to do so by the Company, the Executive, Executive shall upon receipt of written request so to do from the Company, shall promptly (i) Company promptly deliver up to the Company any property belonging to the Company or any other Group GSK Company which may be in her his possession or under her his control including Confidential Information, lists of customers, correspondence, documents and other property. The Executive will not retain any copies of any materials or other information. The Company shall promptly return to the Executive and or permit her him to remove from the premises of the Company and any other Group GSK Company, any property, personal records, filesfiles etc., etc. belonging to the Executive; andExecutive which may be in its or their possession or control. (ii) 12.2 On the termination of the Employment for whatever reason, the Executive shall promptly resign on request by the Company or the Board or the GSK plc Board (if she he has not already done so) from all offices held by her him in the Company and any other Group GSK Company (except for any she he is entitled to retain under any separate agreement with any Group Companyof the GSK Companies), failing which the Executive irrevocably authorises the Company or GSK plc to appoint an officer of the Company or GSK plc to execute all documents on her his behalf and do all things necessary to effect such resignations; PROVIDEDprovided, however, that the rights of the Executive hereunder shall not be affected by any technical distinctions between such resignations pursuant to this Section 12.1(ii) shall be without prejudice to the Executive’s rights under this Agreementand any other reasons for termination. 12.2 12.3 Any termination of the Employment shall be without prejudice to the Executive’s 's and the Company’s 's continuing obligations under this Agreement. 12.3 Upon 12.4 The receipt by the Executive of any compensation or benefits on termination in accordance with the terms of this Agreement shall be contingent upon the execution by the Executive of an effective waiver and release of claims substantially in the form attached hereto as Exhibit A. 12.5 The parties hereto acknowledge and agree that, in the event the Executive’s 's employment with the Company under this Agreement is terminated by the Company for whatever any reason, the Executive shall immediately repay all outstanding debts or loans due will not be required to the Company or any Group Company and the Company is hereby authorised to deduct from any payment mitigate his damages by affirmatively seeking other employment after such termination of wages any sum in repayment of all or any part of such debts or loansemployment. 12.4 12.6 The terms of the US GSK Redundancy Severance Policy as in force from time to time, shall not apply to the Executive who shall only be entitled to statutory redundancy pay in addition to any other entitlement under this Agreement if her Employment is terminated by reason of redundancyExecutive.

Appears in 1 contract

Samples: Service Agreement (Glaxosmithkline PLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!