Common use of OWNERSHIP AND RETURN OF PROPERTY Clause in Contracts

OWNERSHIP AND RETURN OF PROPERTY. 5.1. All property including, but not limited to, files, manuals, equipment, securities, and monies of any and all customers of the Company related to the provision of the Services that are, from time to time, in the possession or control of the Director will be, at all times, the exclusive property of the Company. The Director shall forthwith deliver all aforesaid property to the Company on the earlier of: (a) the termination of this Agreement; (b) upon the request, at any time, by the Company. 5.2. The Director agrees that upon termination of this Agreement, he shall at once deliver to the Company all books, manuals, reports, documents, records, effects, money, securities, whether in print or stored electronically, or other property belonging to the Company or for which the Company is liable to others which are in his possession, charge, control, or custody.

Appears in 8 contracts

Samples: Director Service Agreement (Portlogic Systems Inc.), Director Service Agreement (Portlogic Systems Inc.), Director Service Agreement (Portlogic Systems Inc.)

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