Common use of Non-compliance penalties for Clause in Contracts

Non-compliance penalties for. Job Creation a) Breach of job creation obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the Supplier/Service Provider fails to achieve its job creation commitments as per their bid submission (“a Non-Compliance”), the Supplier/Service Provider shall pay a Non- Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- compliance. c) Such penalty shall be calculated based on the difference between the committed and delivered jobs. For every job not created, a penalty of 2% of the contract value will be applied.

Non-compliance penalties for. Job Creation a) Breach of job creation obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the Supplier/Service Provider fails to achieve its job creation commitments as per their bid submission (“a Non-Compliance”), the Supplier/Service Provider shall pay a Non- Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- compliance. c) Such penalty shall be calculated based on the difference between the committed and delivered jobs. For every job not created, created a penalty of 2% of the contract value will be applied.

Non-compliance penalties for. Job Creation a) Breach of job creation obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the Supplier/Service Provider fails to achieve its job creation commitments as per their bid submission (“a Non-Compliance”), the Supplier/Service Provider shall pay a Non- Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- compliance. c) Such penalty shall be calculated based on the difference between the committed and delivered jobs. For every job not created, a penalty of 2% of the contract value will be applied.