Common use of Termination Obligations Clause in Contracts

Termination Obligations. (a) Executive hereby acknowledges and agrees that all personal property, including, without limitation, all books, manuals, records, reports, notes, contracts, lists, and other documents, and equipment furnished to or prepared by Executive in the course of or incident to his employment, belong to the Company and shall be promptly returned to the Company upon termination of the Period of Employment. (b) Upon termination of the Period of Employment, the Executive shall be deemed to have resigned from all offices and directorships then held with the Company or any subsidiary or affiliate thereof.

Appears in 20 contracts

Samples: Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc)

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Termination Obligations. (a) Executive hereby acknowledges and agrees that all personal property, including, without limitation, all books, manuals, records, reports, notes, contracts, lists, and other documents, and equipment furnished to or prepared by Executive in the course of or incident to his employment, belong to the Company and shall be promptly returned to the Company upon termination of the Period of Employment. (b) Upon termination of the Period of Employment, the Executive shall be deemed to have resigned from all offices and directorships then held with the Company or any subsidiary or affiliate thereof.

Appears in 4 contracts

Samples: Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc)

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