Company Laptop. Effective upon the Employment Termination Date upon a termination without Cause or upon Employee’s disability, Company hereby assigns and transfers title and ownership to Employee of Employee’s Company-issued laptop (the “Laptop”); provided, however, that all Company information and files on the Laptop, including such which is set forth above in Section 7, are deleted immediately upon the Employment Termination Date.
Company Laptop. The Company provided you a laptop computer for your use during your employment (the “Company Laptop”). You hereby represent and warranty that you have returned the Company Laptop to the Company, without making or retaining a copy of any of the Company’s confidential or proprietary information, and that you have otherwise complied with your obligations to the Company to return all Company documents (and all copies thereof) and other Company property in your possession and control, pursuant to Section 7 of this Agreement. Accordingly, as an additional Severance Benefit under this Agreement and in reliance upon your representations and warranties, the Company hereby transfers ownership of the Company Laptop to you. The Company Laptop is being provided to you “as is” and without warranty or guarantee of any kind. Effective immediately, the Company shall not be responsible for service or expenses related to the Company Laptop. This amendment, together with the Separation Agreement, constitutes the complete, final and exclusive embodiment of the entire agreement between you and the Company with regard to its subject matter. It is entered into without reliance on any promise or representation, written or oral, other than those expressly contained herein, and it supersedes any other such promises, warranties or representations. This amendment may not be modified or amended except in a writing signed by both you and a duly authorized officer of the Company. This amendment will be deemed to have been entered into and will be construed and enforced in accordance with the laws of the State of Washington. This amendment may be executed in counterparts and facsimile signatures will suffice as original signatures. Please sign below to acknowledge your acceptance of this amendment. Sincerely, Alder BioPharmaceuticals, Inc. By: /s/ Rxxxxx X. Xxxxxx President and Chief Executive Officer I HAVE READ, UNDERSTAND AND AGREE FULLY TO THE FOREGOING AMENDMENT: /s/ Rxxxxxx X. Xxxxxxxxx, Ph.D. Date: 9/19/2018
Company Laptop. Upon and following the Employment Ending Date, Employee shall be permitted to retain Employee's Company-issued laptop (the "Laptop") for the continued use of Employee; provided, however, that all Company information and files on the Laptop, including such which is set forth below in Section 6, are deleted immediately upon the Employment Ending Date.
Company Laptop. The Company and the Employee agree that Employee shall be entitled to retain the Lenovo laptop computer that Employee had been issued by the Company; provided, however that (i) all Company confidential information and software owned or licensed by the Company shall be removed from such equipment, and (ii) that such a transfer of property shall be treated as income to Employee and that the Company shall withhold all applicable taxes associated with such transfer.
