Deduction from Wages. 10.1 The Company reserves the right at any time during, or in any event upon termination, to deduct from the Director’s salary and/or any commission payment and/or any other monies due to the Director, an amount equivalent to any of the following: 10.1.1 any overpayment of salary, bonus, commission, remuneration or other payment made to the Director during the course of this employment; 10.1.2 the amount of any expenses claimed by the Director and paid but subsequently disallowed by the Company; 10.1.3 the outstanding amount of any loan or advance made by the Company to the Director; and 10.1.4 any cost of repairing any damage to or loss of property of, any fines or charges imposed upon or any other loss sustained by the Company or any third party, caused by the Director’s breach of contract or breach of the Company’s rules or as a result of the Director’s negligence or dishonesty.
Appears in 3 contracts
Samples: Director's Service Agreement (Viewsonic Corp), Director's Service Agreement (Viewsonic Corp), Director's Service Agreement (Viewsonic Corp)
