Property of the Companies Clause Samples

Property of the Companies. Executive understands and agrees that all property of the Employers and their subsidiaries and affiliates, including but not limited to business information, files, research, records, memoranda, books, lists, Proprietary or Confidential Information (as defined in Section 5(a) of the Employment Agreement) and other documents and materials (regardless of media), including computer disks, and other hardware and software and data that Executive received during Executive’s employment with the Employers are the property of the Employers and that Executive will deliver to the Employers all such materials, including all copies and excerpts thereof, in Executive’s possession or under Executive’s control on or before the Final Transition Date.

Property of the Companies. You acknowledge that as of the Separation Date you did not retain or destroy, and have returned to the Companies, as applicable, any and all property of the Companies, as the case may be, in your possession or subject to your control on or before the Separation Date, including but not limited to keys, credit and identification cards, computers, Company files and information, all other files and documents relating to any or all of the Companies, their respective plans or business, contracts, personal items or equipment provided to you for your use, together with all written or recorded materials, documents, computer disks, plans, records, notes or other papers belonging to any or all of the Companies, other than a computer monitor, docking station and printer. You acknowledge you did not make, distribute or retain any such information or property. The Company agrees that you may retain the computer monitor, docking station and printer that you have retained, and that the Company will return to you the laptop computer which you have returned to the Company, which you may also retain. This equipment is provided to you on an "as is" basis without warranty or support except for any unexpired manufacturer's warranties which shall be your responsibility to pursue, if applicable.

Property of the Companies. Property of Executive. Executive will by December 19, 2003 return to the respective Companies all files, records, credit cards, keys, equipment, and any other property of such Companies or documents maintained by him for the Companies' use or benefit; provided, however, that Executive will be permitted to keep, and will be sold for the sum of $1.00, the Sony office computer utilized in his office and the Sony notebook computer (in both cases, without any data pertaining to the Companies).

Property of the Companies. Executive agrees that no documents, reports, files, analyses, drawings, designs, tools, equipment, plans (including, without limitation, marketing and sales plans), proposals, customer lists, computer software or hardware, patents, license agreements, and similar materials that are made by him or that come into his possession by reason of his employment with the Companies shall be used by him in any way adverse to the Companies’ interests. Executive will not allow any such documents or things, or any copies, reproductions or summaries thereof, to by delivered to or used by any third party without the specific consent of the Company. Executive agrees to deliver to the Board of Directors of the Company or its designee, upon demand, and in any event upon the termination of Executive’s employment, all of such documents and things which are in Executive’s possession or under his control.

Property of the Companies. Executive understands and agrees that all property of the Companies, including but not limited to business information, files, research, records, memoranda, books, lists, Confidential Information (as defined below) and other documents and materials (regardless of media), including computer disks, and other hardware and software and data that Executive received during Executive’s employment with the Companies are the property of the Companies and that Executive will deliver to the Companies all such materials, including all copies and excerpts thereof, in Executive’s possession or under Executive’s control on or before the Separation Date.