Common use of – Employer’s Tools, Property and Equipment Clause in Contracts

– Employer’s Tools, Property and Equipment. Tools, equipment, security and access badges or cards, and any other property items issued by the Employer remain the exclusive property of the Employer and shall be used only in the performance of assigned job duties. The employee shall reimburse the Employer at replacement value for any tools, equipment or property items not returned to the Employer. The employee shall pay $25 for the first security or access badge or card lost, and shall reimburse the Employer for the full cost of replacing security or access badges or cards lost subsequently.