Work Transition and Resignation Procedures Sample Clauses

Work Transition and Resignation Procedures. 14.1 Regardless of any form of termination or rescission of the labor relationship, Party B must go through the work transition and resignation procedures, which shall be subject to the Administrative Measures for Employment and Resignation of Party A. 14.2 Party A has the right to claim compensation for any and all financial losses caused by Party B’s failure to complete his/her work transition and resignation procedures in a timely manner, and any and all legal liabilities arising therefrom shall be borne by Party B. 14.3 Party B shall perform the following obligations upon rescission or termination of the Agreement: (1) Hand over work to a person designated by Party A; (2) Return Party A’s office supplies, documents, equipment and other tangible or intangible assets, held by him/her, in good condition; (3) Completely transfer any medium containing Party A’s information to Party A; (4) Complete the resignation procedures stipulated by Party A and go through relevant resignation formalities; and