Common use of COMPANY TOOLS, EQUIPMENT, AND PROPERTY Clause in Contracts

COMPANY TOOLS, EQUIPMENT, AND PROPERTY. The Company agrees to furnish all necessary tools and other devices necessary to maintain the standard of service required by the Company. The Company further agrees to maintain such items in good working condition. Employees will take all proper precautions in the performance of such employees work and all necessary security against theft or loss of Company tools, equipment, and other property, as provided by the Company. Where Company tools, equipment, or other property is lost due to an employee’s manifest negligence, the employee shall be responsible for reimbursing the Company for the value of the lost item(s), less any depreciation for wear and tear. The Company will replace all worn out or broken tools and will provide a safe place for storage.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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