Common use of Return of Confidential Information and the Corporation’s Property Clause in Contracts

Return of Confidential Information and the Corporation’s Property. When the Employee’s employment terminates with the Corporation, regardless of the reason for such termination, the Employee will promptly turn over to the Corporation in good condition all Corporation property in the Employee’s possession or control, including but not limited to all originals, copies of, or electronically stored documents or other materials containing Confidential Information, regardless of who prepared them. In the case of electronically stored information retained by the Employee outside of the Corporation’s electronic systems, the Employee will promptly make a hard copy of such information in paper, audio recording, disc format, or other format as appropriate, turn that hard copy over to the Corporation, and then destroy the Employee’s electronically stored information.

Appears in 7 contracts

Samples: Employment Agreement (Lendway, Inc.), Non Competition, Non Solicitation, and Confidentiality Agreement, Non Competition, Non Solicitation, and Confidentiality Agreement (Electromed, Inc.)

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Return of Confidential Information and the Corporation’s Property. When the Employee’s employment terminates with the CorporationXxxxxxx, regardless of the reason for such termination, the Employee will promptly turn over to the Corporation in good condition all Corporation property in the Employee’s possession or control, including but not limited to all originals, copies of, or electronically stored documents or other materials containing Confidential Information, regardless of who prepared them. In the case of electronically stored information retained by the Employee outside of the Corporation’s electronic systems, the Employee will promptly make a hard copy of such information in paper, audio recording, disc format, or other format as appropriate, turn that hard copy over to the Corporation, and then destroy the Employee’s electronically stored information.

Appears in 2 contracts

Samples: Employment Agreement (Lendway, Inc.), Employment Agreement (Lendway, Inc.)

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