Common use of COMPENSATION FOR LOSS OF EFFECTS Clause in Contracts

COMPENSATION FOR LOSS OF EFFECTS. 10.01 Crew personnel will be reimbursed in cash for the loss of personal effects, instruments and equipment resulting from shipwreck, stranding, sinking, burning, and collision of the vessel in the amount not to exceed two thousand dollars ($2,000.00). Each individual must provide the Employer with an itemized list of the individual's losses, including replacement value.

COMPENSATION FOR LOSS OF EFFECTS. 10.01 Crew personnel will be reimbursed in cash for the loss of personal effects, instruments and equipment resulting from shipwreck, stranding, sinking, burning, and collision of the vessel in the amount not to exceed two thousand dollars ($2,000.00). Each individual must provide the Employer with an itemized list of the individual's losses, including replacement value. Reimbursement may be made over two thousand dollars ($2,000.00) up to five thousand dollars ($5,000.00) for lost items if supported by documentation.