Exit Communications Sample Clauses
The Exit Communications clause outlines the procedures and requirements for how parties must communicate with each other when ending their contractual relationship. Typically, this clause specifies the methods of communication (such as written notice via email or registered mail), the required notice period, and the information that must be included in the notice of termination. Its core practical function is to ensure that both parties are clearly informed about the termination process, reducing misunderstandings and providing a documented trail of communications for reference.
Exit Communications. CIE agrees that with any of its personnel who should leave employment with the company over the course of the next ten (10) years:
(a) It will timely provide a letter to each former employee reminding them of their obligations of confidentiality under the CIE Personnel Acknowledgment. With this correspondence, CIE shall also provide to such individuals a copy of their executed CIE Personnel Acknowledgment.
(b) Should CIE learn that any departed employee has obtained new employment with a company that is involved or has the capability to be involved in the production of biofuels, CIE shall without delay have delivered to the new employing entity a copy of said former employee’s executed CIE Personnel Acknowledgment with a caution that it be honored by the new employing entity.
(c) Copies of all correspondence shall be timely provided to REG, Inc. in a timely fashion.