CLAD Sample Clauses
The CLAD (Contractor's Liability for Accidental Damage) clause defines the contractor's responsibility for accidental damage to property or works during a project. Typically, this clause outlines the types of damage covered, the period during which the contractor is liable, and any exceptions or limitations to this liability. For example, it may require the contractor to repair or compensate for accidental damage caused by their activities, except in cases of force majeure or third-party actions. The core function of the CLAD clause is to allocate risk and ensure that accidental damages are addressed promptly, protecting both the client’s interests and clarifying the contractor’s obligations.
CLAD. An employee who possesses such a certificate shall receive an annual stipend of $1,000 upon satisfying the prerequisites stated below:
a. Passage of CLAD #1 = $300 b. Passage of CLAD #2 = $400 c. Passage of CLAD #3 = $300 d. Passage of SB 1969 Training/Certification Payment of the third incremental stipend is conditional upon verification of the required language course work, or its equivalent, as well as application and approval for the certificate.