Xxxxxxx Property. Promptly following Executive’s termination of employment, Executive shall return to the Company all property of the Company, and all copies thereof in Executive’s possession or under Executive’s control, except that Executive may retain notes, files, calendars, contact information and correspondence of a personal nature (whether in hard copy or electronic form), provided, in each case, that no confidential Company information or information intended primarily for internal Company use is contained therein.
Xxxxxxx Property. Except as noted below, Lessor shall bear all risks of loss or physical damage on the portion of the Building constructed by Lessor (excluding any improvements made by Lessee) which is caused by fire or other casualty. Lessor shall maintain (1) standard fire and extended coverage insurance on the portion of the Building constructed by Lessor (excluding any improvements made by Lessee) and Lessor’s personal property used in connection with the Building, insuring against loss or damage by fire and against loss or damage by other risks now or hereinafter embraced by "all-risk coverage", in amounts equal to the full replacement cost of the Building; and (2) rent or rental value insurance against loss of rent or rental value due to any risk insured above, including an extended coverage endorsement, in an amount equal to the annual total Rent for the Building. Such insurance shall be maintained with an insurance company authorized to do business in Florida (and the cost thereof shall be included in Operating Costs), and payments for losses thereunder shall be made solely to Lessor. Notwithstanding the foregoing, if any loss sustained by Lessor is caused by the negligence of Lessee, its agents, servants, employees, licensees, invitees or guests, then Lessee shall be liable to Lessor for the amount of the deductible under Lessor’s insurance, up to a maximum of $1,000. Further Lessor shall not be responsible for loss or damage to items for which Lessee is responsible as is more fully set forth below.
Xxxxxxx Property. Xx. Xxxxx agrees that on or before his Separation Date, he will surrender to the Company every item and every document that is the Company's property (including but not limited to keys, credit cards, phones, records, computers, peripherals, computer files, electronic storage devices, notes, memoranda, models, inventory and equipment) or contains Company information, in whatever form; provided, however, the Parties agree and acknowledge that with the consent of the Company, Xx. Xxxxx may retain only those such documents solely related to and only to be used in support of Xx. Xxxxx’x agreed to cooperation (as noted on Section 9 of this Agreement) related to the sale of CDMO, LLC or its assets through March 31, 2023. All of these materials are the sole and absolute property of the Company and the Company agrees to bear any reasonable expense related to the return of this Company property. Notwithstanding anything set forth herein to the contrary, the Parties expressly agree that, provided Xx. Xxxxx certifies that he has removed all Company information from such equipment and any external drive or any other means of electronic storage on which he has stored Company information by April 14, 2023, Xx. Xxxxx shall be permitted to retain: (i) a Dell laptop computer; (ii) a computer docking station; (iii) a computer compatible camera and audio device (i.e., utilized for Zoom and related video conferencing); and (iv) a Microsoft Surface Book – all provided to Xx. Xxxxx by the Company, currently in Xx. Xxxxx’x authorized possession, and currently believed to be in used but operating condition. The Parties agree that ownership of these used items shall be conveyed “as is” on the “Effective Date” of this Agreement in further consideration of the terms and conditions agreed to by Xx. Xxxxx herein. In addition, the Company agrees that in lieu of returning Company property which may presently be retained by Xx. Xxxxx in the form of paper files, notes and/or related materials, Xx. Xxxxx shall destroy all such items in lieu of returning them to the Company (at the expense of the Company) and certify to the Company by April 14, 2023 that such has occurred.
Xxxxxxx Property. (a) Any patents, inventions, discoveries, applications, processes, models or financial statements designed, devised, planned, applied, created, discovered or invented by Employee during the Employment Term, regardless of when reduced to writing or practice, which pertain to any aspect of the Company’s or its subsidiaries’ or affiliates’ business as described above shall be the sole and absolute property of the Company, and Employee shall promptly report the same to the Company and promptly execute any and all documents that may from time to time reasonably be requested by the Company to assure the Company the full and complete ownership thereof.
(b) All records, files, lists, including computer generated lists, drawings, documents, equipment and similar items relating to the Company’s, its affiliates’ and/or subsidiaries’ business which Employee shall prepare or receive from the Company shall remain the Company’s, its affiliates’ and/or subsidiaries’ sole and exclusive property. Upon termination of this Agreement, Employee shall promptly return to the Company all property of the Company, its affiliates and/or subsidiaries in his possession.
Xxxxxxx Property. Employee acknowledges and agrees that all Trade Secrets and Confidential Information developed, created or maintained by Employee, alone or with others, while he/she is employed by the Company, shall remain at all times the sole property of the Company, regardless of where such Trade Secrets and Confidential Information may be stored or maintained by Employee, including, without limitation, on any personal electronic or mobile device owned by Employee. Employee further acknowledges and agrees that all contact information of and all communications (including emails, text messages, and other private electronic messages) with the Company’s customers, prospective customers and vendors that Employee may come to possess during Employee’s employment with the Company shall remain the sole property of the Company even if Employee stores such information on Employee’s personal cell phone or electronic device, and Employee shall not take and fail to return such information after termination of Employee’s employment with the Company for any reason.
Xxxxxxx Property. Belward C LLC, a Maryland limited liability company (“Belward”), is the owner of the following property (collectively, the “Belward Property”):
(i) approximately nine and one-half acres of land located at 9000 Xxxxxxx Xxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxx, as more fully described in Exhibit A-1 attached hereto (the “Belward Land”), which is improved by a building containing approximately 289,912 gross square feet of laboratory manufacturing space (the “Belward Building”); and all other right, title and interest in and to (1) all and singular the rights, benefits, privileges, easements, tenements, hereditaments, and appurtenances thereon or in anyway appertaining to such Belward Land; and (2) all strips and gores and any land lying in the bed of any street, road or alley, open or proposed, adjoining such Belward Land (all of the foregoing collectively, the “Belward Real Property”);
(ii) all other tangible property (including each item of equipment, machinery, furniture, art work, furnishings, office equipment and supplies stored onsite) listed on Schedule 1-A attached hereto (all of the foregoing property, together with any replacements for such property as permitted under this Agreement, collectively, the “Belward Other Property”); and
(iii) all intangible personal property of Belward now or hereafter used exclusively in connection with the operation, ownership, maintenance, management, or occupancy of the Belward Real Property; the plans and specifications for the improvements; warranties, indemnities, applications, permits, approvals and licenses (to the extent applicable in any way to the above referenced Belward Real Property or the Belward Other Property and assignable) and all intellectual property necessary to operate or maintain the Belward Other Property; and insurance proceeds and condemnation awards or claims thereto (other than tax refunds and credits applicable to any period before the Belward Closing Date and all other property listed on Schedule 1-B attached hereto and cash and deposits, bonds or other security), including, without limitation, the items listed on Schedule 1-C attached hereto (all of the foregoing collectively, the “Belward Intangible Personal Property”). For the avoidance of doubt, Belward Intangible Personal Property shall not include any product licenses or manufacturing processes associated with Seller’s bio-pharmaceutical products.
Xxxxxxx Property. All documents and records (electronic, paper or otherwise), materials, software, equipment, and other physical property, including but not limited to smartphones and Blackberries, ID cards, office access cards, keys, computers, and all copies of the foregoing, whether or not containing Confidential Information, that have come into your possession or been produced by you in connection with your employment (“Property”), have been and remain the sole property of the Company or its affiliates, as applicable. You agree that you have returned or immediately shall return all such Property to the Company on the Separation Date. Notwithstanding the above, you shall be entitled to retain your cellphone and company computer subject to the removal of any Company Confidential Information. In addition, the Company will work with you to port the cellphone number to your personal account.
Xxxxxxx Property. All schedules, designs, tools or tooling, molds, patterns, drawings, specifications, documents, fixtures, materials, equipment and similar property supplied by Xxxxxxx to Supplier or purchased or fabricated by Supplier for Xxxxxxx (collectively, referred to as “Xxxxxxx Property”) shall be and remain the sole property of Xxxxxxx and no title or interest shall pass from Xxxxxxx to Supplier hereunder. Any Xxxxxxx Property held by Supplier in connection with this Agreement shall be (i) kept separate from other property; (ii) held at Supplier’s risk of loss or damage until returned to Xxxxxxx; and (iii) kept free of any liens or encumbrances. All Xxxxxxx Property shall be subject to recovery by Xxxxxxx at any time. Upon Xxxxxxx’x request, or cancellation or termination of this Agreement, Supplier shall deliver all Xxxxxxx Property not previously delivered hereunder in reasonably good condition, except ordinary wear and tear.
Xxxxxxx Property. Lot 1, Irregular Tracts located in the Northwest Quarter of Section 35, Township 9 North, Range 7 East of the 6th P.M., Lancaster County, Nebraska
Xxxxxxx Property. Subject to the Protected Rights, all documents and records (electronic, paper or otherwise), materials, software, equipment, and other physical property, including but not limited to smartphones and Blackberries, ID cards, office access cards, keys, computers, and all copies of the foregoing, whether or not containing Confidential Information, that have come into your possession or been produced by you in connection with your employment (“Property”), have been and remain the sole property of the Company or its affiliates, as applicable. You agree that you will return all such Property to the Company on the Separation Date or at any other time up on the Company’s request. Notwithstanding the above, you shall be entitled to retain your cellphone and company computer subject to the removal of any Company Confidential Information. In addition, the Company will work with you to port the cellphone number to your personal account.
