Common use of Compensation for Loss of Tools Clause in Contracts

Compensation for Loss of Tools. ‌ The Company shall compensate an Employee by the payment of an allowance pursuant to Schedule C, to replace tools lost by breaking and entering whilst securely stored at the Company’s direction in a room or building on the Company’s premises, job, workshop or in a lock-up. This clause only applies where the Employee, at the request of the Company, has supplied the Company with a list of tools required to be kept on the job.

Compensation for Loss of Tools. ‌ The Company shall compensate an Employee by the payment of an allowance pursuant to Schedule C, to replace tools lost by breaking and entering whilst securely stored at the Company’s direction in a room or building on the Company’s premises, jobjobsite, workshop or in a lock-upup up to a value of $376.00. Where evidence is produced by the Employee that they have suffered a greater loss, the Company shall pay the additional amount. This clause only applies where the Employee, at the request of the Company, has supplied the Company with a list of tools required to be kept on the job.

Compensation for Loss of Tools. ‌ The Company shall compensate an Employee by the payment of an allowance pursuant to Schedule C, of (*) to replace tools lost by breaking and entering whilst securely stored at the Company’s direction in a room or building on the Company’s premises, job, workshop or in a lock-up. This clause only applies where Provided that this Clause shall not apply if the Employee, at Company has requested the request of the Company, has supplied Employee to supply the Company with a list of tools required to be kept on the jobjob and the Employee has not supplied such a list. (*) See Schedule C for the amount to be paid.

Compensation for Loss of Tools. ‌ The Company shall compensate an Employee by the payment of an allowance pursuant to Schedule C, to replace tools lost by breaking and entering whilst securely stored at the Company’s direction in a room or building on the Company’s premises, jobjobsite, workshop or in a lock-upup up to a value of $383.67. Where evidence is produced by the Employee that they have suffered a greater loss, the Company shall pay the additional amount. This clause only applies where the Employee, at the request of the Company, has supplied the Company with a list of tools required to be kept on the job.