Clause 48. 15.2 is not to result in the Employee being returned to the safe job to which the Employee was transferred under clause 48.14. In such circumstances, the Employee will be entitled to return to the position held immediately before the transfer.
Clause 48. 1.1 (Confidentiality) shall not apply to the provisions of this Contract designated as Commercially Sensitive Information and listed in Part 1 of Schedule 15 (Commercially Sensitive Information) which shall, subject to clause 48.2 (Permitted Disclosure), be kept confidential for the periods specified in that Part. The Parties shall keep confidential all Confidential Information received by one Party from the other Party relating to this Contract and shall use all reasonable endeavours to prevent their employees and agents from making any disclosure to any person of any such Confidential Information.
Clause 48. 1 shall not apply to restrict either Party from employing (or offering to employ) any employee of the other Party who has responded (without solicitation by the first Party) to general recruitment advertising issued by or on behalf of the first Party.
Clause 48. Deduction of security deposit. A t th e ti m e o f m a ki n g a n y p a ym e n t to th e co n tra cto r fo r th e wo rk d o n e u n d e r th i s co n tra ct, th e E n g i n e e r-i n -ch a rg e sh a l l re ta i n fro m th e a m o u n t so p a ya b l e to th e co n tra cto r, th e a m o u n t o f se cu ri ty d e p o si t a t th e p e rce n ta g e ra te sp e ci fi e d i n i te m (d ) o f th e m e m o ra n d u m o f wo rk a n n e xe d h e re to . T h e e a rn e st m o n e y o f th e co n tra cto r o n e xe cu ti o n o f th e co n tra ct, wi l l h o we ve r, b e a d j u ste d to wa rd s th e a m o u n t o f su ch se cu ri ty d e p o si t to b e re ta i n e d fro m th e a m o u n t o f h i s fi rst b i l l o f th e wo rk d o n e b y h i m a n d p a ya b l e to th e co n tra cto r u n d e r th i s co n tra ct. A l l co m p e n sa ti o n s o f o th e r su m s o f m o n e y p a ya b l e b y th e co n tra cto r to th e UOP u n d e r th e te rm s o f th i s co n tra ct m a y b e d e d u cte d fro m th e a m o u n t o f h i s se cu ri ty d e p o si t o f th e co n tra ct o r fro m a n y su m s wh i ch m a y b e d u e o r m a y b e co m e d u e to th e co n tra cto r b y th e UOP o n a n y a cco u n t xx x xxx e ve r, a n d i n th e e ve n t o f h i s se cu ri ty d e p o si t b e i n g re d u ce d b y su ch d e d u cti o n s, th e co n tra cto r sh a l l , wi th i n te n d a ys th e re a fte r, m a xx x x x x x x ca sh a n y su m o r su m s wh i ch m a y h a ve b e e n d e d u cte d fro m h i s se cu ri ty d e p o si t, o r m a y b e m a d e g o o d th ro u g h a d d i ti o n a l d e d u cti o n s fro m h i s b i l l o r d u e s. Clause 49: Conversion of security deposit into profit bearing securities. S u b j e ct to a n y g e n e xx x x x sp e ci a l d i re cti o n s g i ve n b y th e g o ve rn m e n t to th e co n tra ry, i f th e co n tra cto r so d e si re s a n d m a ke s a wri tte n re q u e st to th e E n g i n e e r- i n -ch a rg e to th e e ffe ct th a t th e a m o u n t o f se cu ri ty d e p o si t re ta i n e d fro m th e b i l l s o f th e co n tra cto r m a y b e co n ve rte d i n to th e re co g n i ze d fo rm o f p ro fi t b e a ri n g se cu ri ty a t th e co st o f th e co n tra cto r, th e a m o u n t o f se cu ri ty d e p o si t re ta i n e d fro m b i l l s o f th e co n tra cto r sh a l l b e d e p o si te d i n a n y o f th e fo l l o wi n g b a n ks:-
