Common use of Breach of Contract and Liabilities for Breach of Contract Clause in Contracts

Breach of Contract and Liabilities for Breach of Contract. 13.1 Unless otherwise described in this Contract, any party who violates any provision of this Contract shall bear relevant responsibilities to indemnify the other party for its economic losses arising from such violation of the Contract by such party. 13.2 In case that this Contract is terminated according to the stipulation of 12.3.2, 12.3.3, 12.3.4, 12.3.5 or 12.3.6 of Article 12.3, Party B shall indemnify Party A for its economic losses caused by such termination of the Contract. 13.3 In case that this Contract is terminated according to the provision of Article 12.4, Party A shall indemnify Party B economically. The indemnification standard is as follows: a) In case that Party B has worked for Party A for over one year, Party A shall pay Party B an amount equal to one month’s salary of Party B; b) In case that Party B has worked for Party A for over six months but less than one year, Party A shall pay Party B an amount equal to one month’s salary of Party B; c) In case that Party B has worked for Party A for less than six months, Party A shall pay Party B an amount equal to semi-month’s salary of Party B. The above indemnification amount shall be paid up to Party B in a lump sum within 30 days as from the date when the responsibility of both parties are determined. 13.4 In case that this Contract is terminated by Party B according to the stipulation of 12.6.2, 12.6.3, 12.6.4, 12.6.5, 12.6.7 or 12.6.7 of Article 12.6, Party A shall indemnify Party B with an amount equal to two times of the amount that is paid by Party A to Party B as described in article 13.3. 13.5 The salary as described in this article 13.4 shall refer to the average amount of basic salary and position salary of the most current twelve months as set forth on the wage slip.

Appears in 8 contracts

Samples: Employment Agreement (China Vitup Health Care Holdings, Inc.), Employment Agreement (China Vitup Health Care Holdings, Inc.), Employment Agreement (China Vitup Health Care Holdings, Inc.)

AutoNDA by SimpleDocs

Breach of Contract and Liabilities for Breach of Contract. 13.1 Unless otherwise described in this Contract, any party who violates any provision of this Contract shall bear relevant responsibilities to indemnify the other party for its economic losses arising from such violation of the Contract by such party. 13.2 In case that this Contract is terminated according to the stipulation of 12.3.2, 12.3.3, 12.3.4, 12.3.5 or 12.3.6 of Article 12.3, Party B shall indemnify Party A for its economic losses caused by such termination of the Contract. 13.3 In case that this Contract is terminated according to the provision of Article 12.4, Party A 6 shall indemnify Party B economically. The indemnification standard is as follows: a) In case that Party B has worked for Party A for over one year, Party A shall pay Party B an amount equal to one month’s salary of Party B; b) In case that Party B has worked for Party A for over six months but less than one year, Party A shall pay Party B an amount equal to one month’s salary of Party B; c) In case that Party B has worked for Party A for less than six months, Party A shall pay Party B an amount equal to semi-month’s salary of Party B. The above indemnification amount shall be paid up to Party B in a lump sum within 30 days as from the date when the responsibility of both parties are determined. 13.4 In case that this Contract is terminated by Party B according to the stipulation of 12.6.2, 12.6.3, 12.6.4, 12.6.5, 12.6.7 or 12.6.7 of Article 12.6, Party A shall indemnify Party B with an amount equal to two times of the amount that is paid by Party A to Party B as described in article 13.3. 13.5 The salary as described in this article 13.4 shall refer to the average amount of basic salary and position salary of the most current twelve months as set forth on the wage slip.

Appears in 2 contracts

Samples: Employment Agreement (China Vitup Health Care Holdings, Inc.), Employment Agreement (China Vitup Health Care Holdings, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!