Examples of UGSI in a sentence
UGSI may terminate Executive's employment at any time for any reason whatsoever by giving 60 days' written notice to Executive.
Executive will promptly disclose to UGSI, or its designees, in writing, all Innovations that Executive, alone or jointly with others, creates or first reduces to practice during the period of Executive's employment with UGSI.
Upon Executive's separation from employment, UGSI is authorized to deduct from Executive's final wages or other monies due Executive any debts or amounts owed to UGSI by Executive.
As used in this Section 5, "Confidential Information" means all business information, technological information, intellectual property, trade secrets and other information belonging to UGSI, its parent, subsidiaries or affiliates or relating to UGSI's business, technology, customers, vendors, or any other party with whom UGSI agrees to hold information of such party in confidence, which is not generally available to the public.
Executive may terminate his employment with UGSI at any time for Cause.
In the event of Executive's voluntary termination of employment pursuant to paragraph 3.1.2 or the termination of Executive's employment by UGSI for Cause pursuant to paragraph 3.1.4, UGSI shall have no further obligation to provide Executive with any benefits and/or payments, except as required by law or the terms of a controlling benefit or stock plan or policy and the payment of any salary or bonus accrued to the Termination Date.
If Executive's employment at UGSI is terminated by either UGSI or Executive for any reason except Executive's death, all covenants set forth in this Section 4 shall survive such termination.
The restrictions set forth in this paragraph 5.1 will last throughout Executive's employment with UGSI and for a period of 10 years following the termination of Executive's employment, with the exception of trade secrets, trademarks, copyrights and patents, for which the restrictions herein regarding disclosure or use shall last in perpetuity or for such other maximum period as the law allows.
Both during and after the term of Executive's employment, Executive will not, directly or indirectly, use or disclose any Confidential Information or Innovations, without the express, prior written consent of an UGSI officer, except as may be necessary to perform Executive's duties for the benefit of UGSI during Executive's employment with UGSI.
In the event of the termination of the employment relationship by reason of death or incapacity under paragraph 3.1.6, UGSI shall pay Executive his salary to the date of his death or incapacity and the right of Executive or Executive's heirs to compensation thereafter shall be governed by the applicable death, disability, pension, insurance or other written benefit plans or policy.