Common use of Return of Company Property and Proprietary Information Clause in Contracts

Return of Company Property and Proprietary Information. Xxxxxxx acknowledges that, by no later than five (5) calendar days after the Severance Date, he shall return to the Company all Company Property and Confidential Information that are in his possession, custody or control unless directed otherwise by the Company. For purposes of this Agreement, the term “Company Property” shall mean all personal computers, laptop computers, cellular telephones, security cards, keys, diskettes, electronic storage devices, personal digital assistants or pda’s, and other equipment or property owned by the Company that were provided to Xxxxxxx during his employment with the Company (including its predecessor companies). For purposes of this Agreement, the term “Confidential Information” shall include information required to be kept confidential pursuant to the Confidentiality Agreement and the Sipex Confidentiality Agreement, and any other confidential information of any member of the Company Group. Xxxxxxx further agrees to make a diligent and thorough search for any Company Property and Company documents or information in his possession or control prior to the Effective Date. In addition, (i) Xxxxxxx will complete any forms necessary, including those of any banking institution, to remove his name from any list of Company authorized signatories, (ii) Xxxxxxx will execute any requested letters of resignation with respect to the Company or its subsidiaries, and (iii) Xxxxxxx shall otherwise assist the Company in taking all actions required to confirm that all Company Property has been returned and that full ownership of all Company Property is vested solely in the Company.

Return of Company Property and Proprietary Information. Xxxxxxx x. XxXxxxx acknowledges that, by no later than five (5) calendar days after the Severance Date, he shall return to the Company (and shall not retain any copies of) all Company Property and Confidential Information that are in his possession, custody or control unless directed otherwise by the Company. For purposes of this Agreement, the term “Company Property” shall mean all personal computers, laptop computers, cellular telephones, security cards, keys, diskettes, electronic storage devices, personal digital assistants or pda’s, and other equipment or property owned by the Company that were provided to Xxxxxxx XxXxxxx or paid for by the Company during his employment with the Company (including its predecessor companies). For purposes of this Agreement, the term “Confidential Information” shall include information required to be kept confidential pursuant to the Confidentiality Agreement and the Sipex Confidentiality Agreement, and any other confidential information of any member of the Company Group. Xxxxxxx XxXxxxx further agrees to make a diligent and thorough search for any Company Property and Company documents or information in his possession or control prior to the Effective Date. In addition, (i) Xxxxxxx XxXxxxx will complete any forms necessary, including those of any banking institution, to remove his name from any list of Company authorized signatories, (ii) Xxxxxxx XxXxxxx will execute any requested letters of resignation with respect to the Company or its subsidiaries, and (iii) Xxxxxxx XxXxxxx shall otherwise assist the Company in taking all actions required to confirm that all Company Property has been returned and that full ownership of all Company Property is vested solely in the Company.

Return of Company Property and Proprietary Information. Xxxxxxx acknowledges that, by no later than five (5) calendar days after the Severance Separation Date, he shall return to the Company all Company Property and Confidential Information that are in his possession, custody or control unless directed otherwise by the Company. For purposes of this Agreement, the term “Company Property” shall mean all personal computers, laptop computers, cellular telephonestransfer phone number, security cards, keys, diskettes, electronic storage devices, personal digital assistants or pda’s, and other equipment or property owned by the Company that were was provided to Xxxxxxx during his employment with the Company (including its predecessor companies)employment. For purposes of this Agreement, the term “Confidential Information” shall include information required to be kept confidential pursuant to have the Confidentiality Agreement and same meaning as used in the Sipex Confidentiality Proprietary Rights Agreement, and any other confidential information of any member of the Company Group. Xxxxxxx further agrees to make a diligent and thorough search for any Company Property and Company documents or information in his possession or control prior to the Effective Date. In addition, (i) Xxxxxxx will complete any forms necessary, including those of any banking institution, to remove his name from any list of Company authorized signatories, (ii) Xxxxxxx will execute any requested letters of resignation with respect to the Company or its subsidiaries, and (iii) Xxxxxxx shall otherwise assist the Company in taking all actions required to confirm that all Company Property property has been returned and that full ownership of all Company Property property is vested solely in the Company.

Return of Company Property and Proprietary Information. Xxxxxxx x. Xxxxxxxxx acknowledges that, by no later than five (5) calendar days after the Severance Date, he shall return to the Company (and shall not retain any copies of) all Company Property and Confidential Information that are in his possession, custody or control unless directed otherwise by the Company. For purposes of this Agreement, the term “Company Property” shall mean all personal computers, laptop computers, cellular telephones, security cards, keys, diskettes, electronic storage devices, personal digital assistants or pda’s, and other equipment or property owned by the Company that were provided to Xxxxxxx Xxxxxxxxx or paid for by the Company during his employment with the Company (including its predecessor companies). For purposes of this Agreement, the term “Confidential Information” shall include information required to be kept confidential pursuant to the Confidentiality Agreement and the Sipex Confidentiality Agreement, and any other confidential information of any member of the Company Group. Xxxxxxx Xxxxxxxxx further agrees to make a diligent and thorough search for any Company Property and Company documents or information in his possession or control prior to the Effective Date. In addition, (i) Xxxxxxx Xxxxxxxxx will complete any forms necessary, including those of any banking institution, to remove his name from any list of Company authorized signatories, (ii) Xxxxxxx Xxxxxxxxx will execute any requested letters of resignation with respect to the Company or its subsidiaries, and (iii) Xxxxxxx Xxxxxxxxx shall otherwise assist the Company in taking all actions required to confirm that all Company Property has been returned and that full ownership of all Company Property is vested solely in the Company.