Common use of Authority Property Clause in Contracts

Authority Property. i. Employee will do everything necessary for the proper safeguarding of Employer’s property / equipment entrusted to employee for operation/use. Any negligence on employee’s part in such upkeep or any loss taking place as a result, will not only entail recovery of the value of the loss from payments due to employee, but will also be deemed sufficient ground for termination of this agreement. Any ii. Any employer property entrusted to employee for employee’s personal use during employee’s association with the employer must be returned to the employer, after use, in good repair, normal wear and tear exempted. In case the employer had deteriorated, while in employee’s custody, due to negligence on employee’s part, the employer reserves the right to recover from employee the cost of repairing and restoring it.