Return of company property clause: Copy, customize, and use instantly
Introduction
A return of company property clause ensures that any company-owned property, including documents, equipment, and other assets, is returned when an employee or contractor ends their association with the company. This clause helps protect the company’s assets and prevents unauthorized use or retention of property after the termination of employment or contract.
Below are templates for the return of company property clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
Standard return of company property clause
This variation applies to agreements with a general property return obligation.
Upon termination of this Agreement, whether voluntary or involuntary, [Party Name] shall promptly return all company property, including but not limited to documents, computers, equipment, and any other assets that belong to the company. The returning party will confirm the return of these items in writing.
Return of company property upon termination clause
This variation applies when property is to be returned immediately upon termination.
Upon the termination of this Agreement for any reason, [Party Name] agrees to return all company property, including keys, electronic devices, documents, and any other items in their possession that belong to the company, within [X] days of termination. Failure to return such property will result in [specify consequences].
Return of confidential documents clause
This variation applies when the return of confidential documents is emphasized.
Upon termination of employment or contract, [Party Name] agrees to return all confidential documents, including physical and digital copies, that belong to the company. The return of such documents must include all notes, correspondence, files, and any other proprietary information.
Return of company-issued technology clause
This variation applies to agreements focused on the return of company-issued technology.
[Party Name] agrees to return all company-issued technology, including computers, mobile phones, tablets, and software licenses, upon termination of this Agreement. The property must be returned in the same condition as received, minus normal wear and tear.
Return of intellectual property clause
This variation applies when intellectual property is included in the return of property.
Upon the termination of this Agreement, [Party Name] agrees to return all intellectual property, including designs, patents, trademarks, or any other creations developed during the term of the Agreement. Any intellectual property that was created on behalf of the company remains the sole property of [Company Name].
Return of company property after resignation clause
This variation applies when the employee resigns and needs to return company property.
Upon resignation from [Company Name], [Party Name] agrees to return all company property, including but not limited to company-issued electronics, documentation, and physical property, on or before the last day of employment. A written confirmation of returned property will be provided.
Return of company property upon completion of contract clause
This variation applies when a contract terminates and property needs to be returned.
Upon completion or termination of the contract, [Party Name] agrees to return all company property, including documents, files, software, and hardware. Any property remaining in the possession of [Party Name] after the contract ends will be subject to [specify penalties or actions].
Return of company property upon relocation clause
This variation applies when company property needs to be returned due to relocation.
If [Party Name] relocates to a new location or is reassigned, [Party Name] agrees to return all company property, including office equipment, files, and communication devices, to [Company Name] prior to the relocation date. The return must be completed within [X] days of the relocation notice.
Return of physical assets clause
This variation applies when physical assets are the primary concern.
[Party Name] agrees to return all physical assets belonging to [Company Name], including furniture, tools, or any other tangible property, upon the termination of this Agreement. All assets must be returned in good condition, subject to normal use and wear.
Return of company property in the event of breach clause
This variation applies when a breach of contract leads to the return of property.
In the event of a breach of this Agreement by [Party Name], [Party Name] agrees to return all company property immediately upon written request from [Company Name]. Failure to do so may result in legal action or financial penalties to recover the property.
Return of company property and outstanding balances clause
This variation applies when company property and any outstanding balances must be returned.
Upon the termination of this Agreement, [Party Name] agrees to return all company property as well as settle any outstanding financial balances owed to [Company Name], including expenses or fees. The return of property and payment of balances must be completed within [X] days of termination.
Return of company property in the event of death clause
This variation applies when the company property needs to be returned due to the death of the employee.
In the event of the death of [Party Name], the legal representative or estate of [Party Name] agrees to return all company property in their possession. This includes but is not limited to electronics, documents, and keys. The company will coordinate the return process with the estate.
Return of company property during a dispute clause
This variation applies when the return of property is required during a dispute.
In the event of a dispute arising under this Agreement, [Party Name] agrees to return all company property, including any items in their possession, within [X] days of receiving a written notice from [Company Name]. Failure to return the property may result in further legal actions.
Return of company property before final payment clause
This variation applies when property must be returned before final payment is made.
[Party Name] agrees to return all company property to [Company Name] prior to receiving the final payment or severance compensation. The return of property must be confirmed in writing, and failure to do so may result in delays or withholding of final payment.
Return of company property with receipt clause
This variation applies when property must be returned with a receipt.
Upon the return of company property, [Party Name] will provide a signed receipt confirming the return of all items, including computers, equipment, documents, and other property. A copy of the receipt will be retained by both parties for their records.
Return of company property at the end of probation period clause
This variation applies when property is returned after the end of a probationary period.
If [Party Name] does not pass the probationary period or their contract is terminated during this period, they agree to return all company property to [Company Name] immediately. Any property retained without authorization will be subject to recovery measures or financial penalties.
Return of confidential materials clause
This variation applies when the focus is on the return of confidential materials.
Upon termination of this Agreement, [Party Name] agrees to return all confidential materials, including proprietary information, client data, and any non-public documents, both physical and electronic. All confidential materials must be returned to [Company Name] without retaining any copies or reproductions.
Return of company property upon end of freelance contract clause
This variation applies when a freelance contract ends and property must be returned.
Upon the completion or termination of the freelance contract, [Freelancer Name] agrees to return all company property, including software, hardware, files, and client data. The return of these items must occur on or before the final day of the contract.
Return of company property after suspension clause
This variation applies when company property must be returned after a suspension.
In the event of a suspension of employment or contract, [Party Name] agrees to return all company property, including documents, devices, and access credentials, within [X] days of the suspension notice. Failure to do so will result in [specify penalties].
Return of company property after notice of termination clause
This variation applies when property must be returned after the notice of termination.
After receiving a notice of termination, [Party Name] agrees to return all company property, including any equipment, files, or proprietary information, by the specified return date. Failure to return property in a timely manner will result in the forfeiture of any remaining compensation.
Return of company property and non-compete clause
This variation applies when company property is returned in connection with a non-compete agreement.
Upon termination of this Agreement, [Party Name] agrees to return all company property, including any materials related to intellectual property, and shall not use or disclose any of the company's proprietary assets in accordance with the non-compete clause.
Return of company property upon relocation clause
This variation applies when company property must be returned upon relocation.
If [Party Name] relocates for any reason, they agree to return all company property, including company-issued electronics, keys, and documents, prior to the relocation. Both parties will coordinate the return process to ensure all property is returned in good condition.
Return of company property after early termination clause
This variation applies when property must be returned after early termination of the agreement.
In the event of early termination of this Agreement, [Party Name] agrees to return all company property, including documents, electronic devices, keys, and other assets, within [X] days from the termination date. Failure to return the property may result in legal action or financial penalties.
Return of company property and termination of access clause
This variation applies when both property and access to company systems must be returned.
Upon termination of this Agreement, [Party Name] agrees to return all company property and immediately terminate access to all company systems, networks, and software. All passwords, accounts, and sensitive information will be relinquished and deactivated by [Party Name].
Return of company property upon withdrawal clause
This variation applies when property must be returned if an individual withdraws from an agreement or position.
If [Party Name] withdraws from the Agreement or position for any reason, they shall return all company property, including files, devices, and any other materials, within [X] days of withdrawal. Failure to return the property may result in legal action or financial penalties.
Return of company property upon conclusion of project clause
This variation applies when property must be returned at the end of a project.
Upon the conclusion of the project described in this Agreement, [Party Name] agrees to return all company property, including documents, equipment, and other assets, no later than [X] days after the project's completion. Any missing property will be reimbursed by [Party Name].
Return of company property following expiration of the agreement clause
This variation applies when the agreement expires and property must be returned.
Upon the expiration of this Agreement, [Party Name] agrees to return all company property, including documentation, equipment, and any proprietary materials in their possession. All company property will be returned in good condition and free from any alterations or damage.
Return of company property due to employee resignation clause
This variation applies when an employee resigns and must return company property.
If [Party Name] resigns from their position, they agree to return all company property, including personal identification, keys, devices, and documents, before the last working day. A receipt confirming the return of property will be signed by both parties.
Return of company property following business closure clause
This variation applies when the business closes and property must be returned.
In the event of business closure, [Party Name] agrees to return all company property, including computers, equipment, and documents, within [X] days of the closure. The company will arrange for the return of any remaining items at its expense.
Return of company property after disciplinary action clause
This variation applies when disciplinary action results in the return of company property.
If [Party Name] is subjected to disciplinary action resulting in termination, they agree to return all company property immediately upon request. This includes all physical and digital assets, such as devices, documents, and keys, within [X] days of notice.
Return of company property after resignation with notice clause
This variation applies when resignation occurs with prior notice and property must be returned.
If [Party Name] resigns with notice, they agree to return all company property, including electronics, files, and any proprietary information, no later than the last day of employment. Both parties will conduct an inventory of the property returned.
Return of company property on termination of independent contractor agreement clause
This variation applies when an independent contractor's agreement is terminated and property must be returned.
Upon termination of the independent contractor Agreement, [Contractor Name] agrees to return all company property, including software, documents, and equipment, within [X] days of termination. Failure to return the property will result in reimbursement for any lost or damaged items.
Return of company property during employment transfer clause
This variation applies when property is returned during an employment transfer.
If [Party Name] is transferred to a new department, location, or role within the company, they agree to return all company property from their previous role, including documents, tools, and equipment, on or before the transfer date. The company will issue new property as needed for the new role.
Return of company property after partnership dissolution clause
This variation applies when a partnership is dissolved, and property must be returned.
Upon the dissolution of the partnership, both parties agree to return all company property, including assets, financial records, and intellectual property. The return of property must occur within [X] days of the dissolution, and any outstanding debts or reimbursements will be addressed.
Return of company property upon end of temporary contract clause
This variation applies when a temporary contract ends, and property must be returned.
Upon the end of the temporary contract, [Party Name] agrees to return all company property, including access devices, documents, and any other company-owned items. The property must be returned by the last working day, and failure to do so will result in deductions from final payment.
Return of company property after termination with cause clause
This variation applies when the employee or contractor is terminated with cause and must return company property.
If [Party Name] is terminated for cause, they agree to immediately return all company property, including digital files, equipment, and any confidential information, upon termination. Failure to return the property promptly will result in legal action to recover the items.
Return of company property after non-renewal of contract clause
This variation applies when the contract is not renewed, and property must be returned.
If this Agreement is not renewed, [Party Name] agrees to return all company property, including equipment, files, and intellectual property, within [X] days of the expiration of the contract. Failure to return such property will result in legal action or financial penalties.
Return of company property upon non-acceptance of new offer clause
This variation applies when a new offer is not accepted, and property must be returned.
If [Party Name] declines a new offer of employment or contract renewal, they agree to return all company property, including devices, documents, and access keys, by the last working day or by the date the offer is declined.
Return of company property following restructuring clause
This variation applies when company property is returned due to corporate restructuring.
Following a corporate restructuring, [Party Name] agrees to return all company property, including any materials, equipment, or intellectual property that is no longer required for their new role. The property must be returned within [X] days of the restructuring announcement.
Return of company property with confidentiality clause
This variation applies when confidentiality is emphasized in the return of company property.
Upon termination of this Agreement, [Party Name] agrees to return all company property and agrees to keep confidential any proprietary or sensitive information obtained during their employment or engagement. Failure to comply with confidentiality requirements after the return of property will result in legal action.
Return of company property in case of emergency leave clause
This variation applies when property must be returned during emergency leave.
In the event that [Party Name] is on emergency leave and is unable to return the company property, they agree to arrange for the prompt return of all company property upon their return. If they are unable to return the property personally, a designated representative will be authorized to return the items.
Return of company property in case of voluntary withdrawal clause
This variation applies when a voluntary withdrawal results in the return of company property.
If [Party Name] voluntarily withdraws from the Agreement, they agree to return all company property, including documents, equipment, and intellectual property, before the withdrawal is finalized. A signed receipt of all returned items will be required.
Return of company property with depreciation clause
This variation applies when company property is returned with depreciation considerations.
Upon the return of company property, the condition of the property will be evaluated for depreciation or damage. If the property has been damaged or depreciated beyond normal wear and tear, [Party Name] agrees to reimburse [Company Name] for the difference in value.
Return of company property after remote work assignment clause
This variation applies when an employee or contractor is working remotely and needs to return company property.
Upon completion of the remote work assignment, [Party Name] agrees to return all company property, including computers, software, and office equipment, to [Company Name]. The property must be returned within [X] days following the end of the remote work arrangement.
Return of company property in case of medical leave clause
This variation applies when an employee goes on medical leave and is required to return company property.
If [Party Name] is placed on medical leave, they agree to return all company property, including electronic devices and documents, unless otherwise agreed. The return of the property should be arranged within [X] days after the leave is granted or upon request.
Return of company property upon transfer to another location clause
This variation applies when an employee or contractor is transferred to another location and needs to return company property.
Upon transfer to another location, [Party Name] agrees to return all company property currently in their possession, including work materials, technology, and identification cards. The property must be returned before the relocation date or within [X] days of the transfer.
Return of company property following merger or acquisition clause
This variation applies when a company undergoes a merger or acquisition and property must be returned.
In the event of a merger or acquisition, [Party Name] agrees to return all company property, including documents, hardware, and proprietary information, prior to the completion of the merger or acquisition process. The company will take reasonable steps to facilitate the return of property.
Return of company property after contract renewal refusal clause
This variation applies when a contract is not renewed, and property needs to be returned.
If [Party Name] refuses to renew their contract or chooses not to accept an offer for a renewed term, they agree to return all company property, including any items, materials, and intellectual property, within [X] days of notifying the company.
Return of company property after cessation of freelance work clause
This variation applies when a freelance agreement ends and property must be returned.
Upon cessation of freelance work with [Company Name], [Freelancer Name] agrees to return all company property, including access credentials, documents, and any proprietary materials. The property must be returned no later than [X] days after the end of the freelance engagement.
Return of company property due to breach of contract clause
This variation applies when a contract is breached, and property must be returned.
In the event of a breach of this Agreement by [Party Name], they agree to return all company property immediately upon request, including documents, intellectual property, and equipment. Failure to do so will result in [Company Name] seeking legal recourse to recover the property.
Return of company property following short-term contract completion clause
This variation applies when a short-term contract ends and property must be returned.
Upon completion of the short-term contract, [Party Name] agrees to return all company property, including files, technology, and any materials provided for the duration of the contract. The return of the property should occur within [X] days of the contract’s expiration or termination.
Return of company property in case of non-payment clause
This variation applies when property is returned due to non-payment.
In the event that [Party Name] fails to make required payments under this Agreement, [Company Name] reserves the right to request the return of all company property, including equipment, documents, and intellectual property. The property must be returned immediately upon notification.
Return of company property upon completion of consulting services clause
This variation applies when a consultant completes their services and returns company property.
Upon completion of the consulting services, [Consultant Name] agrees to return all company property, including reports, equipment, and data provided during the engagement. The property must be returned within [X] days after the final report or deliverable is submitted.
Return of company property after resignation during probation period clause
This variation applies when resignation occurs during the probation period and property needs to be returned.
If [Party Name] resigns during the probation period, they agree to return all company property, including any documentation, technology, or physical assets, on or before their last day of work. A signed inventory of the returned items will be required.
Return of company property after theft or loss clause
This variation applies when company property is lost or stolen and must be reported and returned.
In the event of theft, loss, or damage to company property, [Party Name] agrees to immediately notify [Company Name] and return any remaining property. If the property is irretrievable, [Party Name] agrees to compensate the company for the lost items.
Return of company property after termination due to performance issues clause
This variation applies when termination occurs due to performance issues, and property must be returned.
If [Party Name] is terminated due to performance issues, they agree to return all company property, including access credentials, documentation, and equipment, immediately upon notification of termination.
Return of company property upon employer's request clause
This variation applies when property must be returned upon the employer's request.
[Party Name] agrees to return all company property, including any materials, files, equipment, and intellectual property, upon [Company Name]'s request. The property must be returned within [X] days of the request, regardless of whether the Agreement is terminated or not.
Return of company property following restructuring clause
This variation applies when company restructuring results in the return of property.
If [Company Name] undergoes restructuring, [Party Name] agrees to return all company property, including tools, equipment, or intellectual property associated with their previous role. The return of property should occur within [X] days of the restructuring announcement.
Return of company property after service contract expiration clause
This variation applies when a service contract expires, and property needs to be returned.
Upon expiration of the service contract, [Party Name] agrees to return all company property, including equipment, materials, and proprietary data, in their possession. The property must be returned no later than [X] days after the contract ends.
Return of company property due to non-fulfillment of contractual obligations clause
This variation applies when property must be returned if contractual obligations are not fulfilled.
If [Party Name] fails to fulfill any of their contractual obligations, they agree to return all company property immediately upon request. The company will take action to retrieve any outstanding property, and failure to return it will result in penalties.
Return of company property after the end of internship clause
This variation applies when an internship ends and property must be returned.
Upon the conclusion of the internship, [Intern Name] agrees to return all company property, including documents, devices, and any other materials provided by [Company Name] during the internship. The return of property will be completed before the internship ends.
Return of company property following voluntary termination clause
This variation applies when voluntary termination occurs and property needs to be returned.
Upon the voluntary termination of this Agreement, [Party Name] agrees to return all company property, including keys, documents, and any proprietary materials, before their final day of employment. Both parties will conduct an inventory of the returned items.
Return of company property after employee relocation clause
This variation applies when an employee relocates and must return property.
If [Party Name] relocates to another location for work, they agree to return all company property, including equipment and documents related to their previous role. The return of property must be completed before or on the relocation date.
Return of company property following unauthorized leave clause
This variation applies when unauthorized leave results in the return of property.
If [Party Name] takes unauthorized leave, they agree to return all company property, including keys, documents, and equipment, within [X] days of being notified by [Company Name]. Failure to return the property will result in the withholding of payment or other penalties.
Return of company property during contract dispute clause
This variation applies when a contract dispute arises, and property must be returned.
If a dispute arises under this Agreement, both parties agree to return any company property in their possession, including documents, technology, and intellectual property, within [X] days. The company may withhold payment until all property is returned.
Return of company property following voluntary termination of contract clause
This variation applies when a contract is voluntarily terminated, and property needs to be returned.
Upon voluntary termination of the contract, [Party Name] agrees to return all company property, including but not limited to documents, equipment, and proprietary information. All items should be returned by the last day of the contract, and a written confirmation of the return will be provided.
Return of company property after completion of assignment clause
This variation applies when property must be returned after completing a specific assignment.
After completing the assigned task or project, [Party Name] agrees to return all company property related to the assignment, including documents, files, and equipment, within [X] days. The property must be returned in its original condition, barring reasonable wear and tear.
Return of company property after non-acceptance of employment offer clause
This variation applies when a job offer is not accepted, and property must be returned.
If [Party Name] declines the employment offer or fails to accept the position, they agree to return all company property, including documents, devices, and access cards, within [X] days after the decision to not accept the offer.
Return of company property after contract expiration clause
This variation applies when the contract expires, and property must be returned.
Upon the expiration of the contract, [Party Name] agrees to return all company property, including files, documents, technology, and any equipment, within [X] days. All returned items should be in the same condition as when initially issued, subject to normal use.
Return of company property during sabbatical leave clause
This variation applies when property must be returned during a sabbatical leave.
During a sabbatical leave, [Party Name] agrees to return all company property, including work devices, access credentials, and documents. The return should be completed within [X] days before the leave begins or as otherwise agreed upon by the parties.
Return of company property after contract breach clause
This variation applies when property is to be returned following a breach of contract.
If [Party Name] breaches any provision of this Agreement, they agree to return all company property, including but not limited to documents, equipment, and intellectual property, within [X] days. The return of property will occur immediately upon the breach notification.
Return of company property at the end of probation period clause
This variation applies when an employee fails to pass the probation period and must return company property.
If [Party Name] does not pass the probation period, they agree to return all company property, including technology, documentation, and equipment, by the last day of the probation period. A signed inventory of returned property will be provided to both parties.
Return of company property in case of involuntary leave clause
This variation applies when involuntary leave is taken and property must be returned.
In the event of involuntary leave, [Party Name] agrees to return all company property, including access credentials, documents, and any company-issued equipment. The return of property should be arranged within [X] days of receiving the leave notice.
Return of company property in case of job reclassification clause
This variation applies when property is returned during job reclassification.
If [Party Name] is reclassified to a new position, they agree to return all company property from their previous position, including devices, files, and documents, within [X] days of reclassification. The company will issue any new property necessary for the new role.
Return of company property after loss of access to confidential data clause
This variation applies when an individual loses access to confidential data and must return company property.
Upon losing access to confidential data or systems, [Party Name] agrees to return all company property related to the confidential data, including documents, hardware, and any relevant software. The return will be completed within [X] days after access is revoked.
Return of company property after end of temporary employment clause
This variation applies when temporary employment ends and property must be returned.
Upon the conclusion of the temporary employment, [Party Name] agrees to return all company property, including tools, documents, and electronics, within [X] days of the final day of employment. Failure to return the property may result in the withholding of final compensation.
Return of company property after termination for cause clause
This variation applies when termination occurs for cause and property must be returned.
If [Party Name] is terminated for cause, they agree to return all company property, including documentation, equipment, and proprietary data, immediately upon termination. The company will provide an inventory list to be signed upon return of property.
Return of company property after job function change clause
This variation applies when a job function changes, and property must be returned.
If [Party Name] is assigned a new job function, they agree to return all property, tools, or materials no longer required for their new role, within [X] days. The company will issue any new necessary property for the new position.
Return of company property in case of non-fulfillment of contract terms clause
This variation applies when contract terms are not fulfilled, and property needs to be returned.
If [Party Name] fails to fulfill the terms of this Agreement, they agree to return all company property, including documents, keys, and equipment, immediately upon request. Failure to return such property will result in legal action to recover the assets.
Return of company property after completion of an external project clause
This variation applies when an external project is completed, and property must be returned.
Upon completion of the external project, [Party Name] agrees to return all company property, including documents, equipment, and software related to the project, within [X] days. Failure to return the property will result in financial penalties or legal actions.
Return of company property after employee retirement clause
This variation applies when an employee retires and must return company property.
Upon retirement from [Company Name], [Party Name] agrees to return all company property, including keys, documents, access cards, and any equipment provided during employment. The return of property should be completed before the retirement date.
Return of company property during contract suspension clause
This variation applies when a contract is suspended, and property must be returned.
If this Agreement is suspended for any reason, [Party Name] agrees to return all company property, including devices, equipment, and documents, until the suspension is resolved. The return of property will be arranged within [X] days of suspension notification.
Return of company property following voluntary withdrawal from contract clause
This variation applies when the contract is voluntarily withdrawn, and property must be returned.
If [Party Name] voluntarily withdraws from this Agreement, they agree to return all company property, including documents, keys, and any provided tools, within [X] days of the withdrawal notice. A receipt confirming the return will be provided to both parties.
Return of company property during suspension of services clause
This variation applies when services are temporarily suspended, and property must be returned.
If services are temporarily suspended, [Party Name] agrees to return all company property, including laptops, phones, and documents, until the suspension is lifted. The return of property will be completed within [X] days of the suspension notice.
Return of company property after completion of fieldwork clause
This variation applies when fieldwork is completed, and property must be returned.
Upon the completion of fieldwork, [Party Name] agrees to return all company property used during the project, including tools, technology, and documents, within [X] days after the project’s conclusion.
Return of company property in case of unauthorized property retention clause
This variation applies when unauthorized retention of property occurs and must be returned.
If [Party Name] retains any company property without authorization, they agree to return it immediately upon discovery, or within [X] days. Failure to return unauthorized property may result in legal action or financial penalties.
Return of company property upon contract termination clause
This variation applies when property must be returned upon the termination of a contract.
Upon the termination of this Agreement, [Party Name] agrees to return all company property, including devices, documents, keys, and proprietary information, within [X] days. Failure to return the property will result in the withholding of final payments or further legal actions.
Return of company property after loss of employment privileges clause
This variation applies when employment privileges are revoked, and property must be returned.
If [Party Name]'s employment privileges are revoked, they agree to return all company property, including access cards, documents, and electronic devices, immediately upon notification of loss of privileges. All items must be returned in good condition, except for normal wear and tear.
Return of company property after completion of consultancy period clause
This variation applies when a consultancy period ends and property needs to be returned.
Upon the completion of the consultancy period, [Consultant Name] agrees to return all company property, including electronic equipment, files, and documents, within [X] days. Any failure to return property will result in deductions from the final payment.
Return of company property during disciplinary suspension clause
This variation applies when an employee is placed on suspension, and property must be returned.
If [Party Name] is placed on disciplinary suspension, they agree to return all company property, including documents, devices, and keys, within [X] days of suspension notification. The company may withhold pay until the property is returned.
Return of company property after business restructure clause
This variation applies when business restructuring leads to the return of company property.
Following a business restructure, [Party Name] agrees to return all company property, including hardware, documents, and proprietary materials, within [X] days after the restructuring announcement. Failure to comply will result in penalties or recovery actions.
Return of company property after assignment completion clause
This variation applies when a specific assignment ends and property needs to be returned.
Upon completion of the assignment, [Party Name] agrees to return all company property used during the assignment, including devices, tools, and documentation, within [X] days. The company will conduct a property check and may charge for any missing items.
Return of company property after withdrawal from employment offer clause
This variation applies when an employment offer is withdrawn, and property must be returned.
If [Party Name] withdraws acceptance of the employment offer, they agree to return all company property, including documents, equipment, and any intellectual property, within [X] days of withdrawal. A signed confirmation of the return will be required.
Return of company property due to failure to meet contract milestones clause
This variation applies when milestones are not met, and property must be returned.
If [Party Name] fails to meet the required contract milestones, they agree to return all company property, including tools, documents, and access to systems, within [X] days. Failure to return property will result in recovery costs and potential legal action.
Return of company property upon non-completion of project clause
This variation applies when a project is not completed, and property needs to be returned.
If [Party Name] fails to complete the project as outlined in the Agreement, they agree to return all company property, including equipment, documentation, and software, immediately. Failure to comply may result in financial penalties or legal action.
Return of company property following probation period clause
This variation applies when an employee does not pass the probation period and must return company property.
If [Party Name] does not pass the probation period, they agree to return all company property, including tools, documents, and electronic devices, within [X] days after probation ends. The company may withhold final compensation until the property is returned.
Return of company property after extended leave clause
This variation applies when an employee takes extended leave and property must be returned.
If [Party Name] takes extended leave, they agree to return all company property, including documents, devices, and any other company assets, within [X] days of the leave being granted. A representative may be authorized to return the property if necessary.
Return of company property after non-compliance with contract terms clause
This variation applies when non-compliance occurs, and property must be returned.
If [Party Name] is found in non-compliance with the terms of this Agreement, they agree to return all company property, including devices, documentation, and intellectual property, immediately upon request. The company will assess any potential damages resulting from non-compliance.
Return of company property upon contract suspension clause
This variation applies when the contract is suspended, and property must be returned.
If the contract is suspended for any reason, [Party Name] agrees to return all company property, including documents, technology, and office supplies, within [X] days of suspension. The return of property is a condition for any resumption of work.
Return of company property upon contract termination for non-performance clause
This variation applies when the contract is terminated due to non-performance and property must be returned.
If [Party Name] is terminated due to non-performance, they agree to return all company property, including documents, equipment, and keys, immediately. Failure to return company property within [X] days will result in further action to recover the property.
Return of company property upon job transfer clause
This variation applies when an employee transfers to a different role and property must be returned.
Upon transfer to a new role or department, [Party Name] agrees to return all property related to their previous position, including tools, documents, and equipment. The return must be completed within [X] days of the transfer date.
Return of company property following unauthorized absence clause
This variation applies when property must be returned after an unauthorized absence.
If [Party Name] takes an unauthorized absence from work, they agree to return all company property, including technology, documents, and keys, within [X] days of the absence being noticed. Failure to comply may result in termination and legal action.
Return of company property due to failure to meet regulatory requirements clause
This variation applies when regulatory compliance is not met, and property must be returned.
If [Party Name] fails to meet regulatory or compliance requirements during the term of this Agreement, they agree to return all company property, including any records, tools, and equipment related to the breach, within [X] days.
Return of company property upon rejection of extension offer clause
This variation applies when an extension offer is rejected, and property must be returned.
If [Party Name] rejects the offer for an extension of the contract, they agree to return all company property, including documentation, devices, and other equipment, within [X] days of rejecting the offer. A signed confirmation will be required for the return.
Return of company property following failure to meet performance criteria clause
This variation applies when performance criteria are not met, and property must be returned.
If [Party Name] fails to meet the agreed performance criteria under this Agreement, they agree to return all company property, including tools, documents, and equipment, within [X] days after being notified of non-compliance with performance standards.
Return of company property after a non-compete violation clause
This variation applies when a non-compete clause is violated, and property must be returned.
In the event of a violation of the non-compete clause, [Party Name] agrees to return all company property, including documents, files, technology, and any proprietary information, immediately upon notice of the violation.
Return of company property following the completion of an internship program clause
This variation applies when an internship ends, and property must be returned.
Upon the completion of the internship, [Intern Name] agrees to return all company property, including devices, documents, and any proprietary information, before the last day of their internship. The property must be returned in good condition, except for normal wear.
Return of company property after the cessation of service agreement clause
This variation applies when a service agreement ends and property must be returned.
Upon cessation of the service agreement, [Service Provider Name] agrees to return all company property, including documents, tools, and electronic devices, within [X] days. Failure to return property may result in legal action or financial penalties.
Return of company property upon settlement of final invoice clause
This variation applies when final payment is contingent on property return.
[Party Name] agrees to return all company property, including documents, equipment, and technology, before the settlement of the final invoice. The company reserves the right to withhold the final payment until all property is returned in good condition.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.