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Warranties in Compromise Agreements Continued – Return of Company Property

April 6th, 2009 · 5 Comments · Compromise Agreements, Return of Company Property after Signing a Compromise Agreement, Termination Date, Warranties

One of the issues we have dealt with previously is the return of company property. You are required to give a warranty to your employer that at some point  on or before the Termination Date that you will return to the company all company property such as: documents, files, correspondence, keys, business cards and other property belonging to or relating to the company and its business  and in the case of the documents, files and correspondence referred to, that you have not taken or retained and will not take or retain any notes, extracts, photocopies or electronic copies of such documents.

There might be a delay in receiving payment, if you fail to return company property.


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