Common use of Compensation of Damage Clause in Contracts

Compensation of Damage. In the event of damages to”A “due to”B “'s willfulness or negligence, or in the event of embezzlement, transfer, etc.,”A “may discipline or dismiss”B“, such as reduction, and”B “shall compensate”A " for the damages caused, and shall be liable for civil and criminal liability.

Appears in 7 contracts

Samples: Labor (Hanryu Holdings, Inc.), Hanryu Holdings, Inc., Hanryu Holdings, Inc.

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Compensation of Damage. In the event of damages to”A to A” due to”B to 's B”’s willfulness or negligence, or in the event of embezzlement, transfer, etc.,”A , A” may discipline or dismiss”Bdismiss B”, such as reduction, and”B and B” shall compensate”A " compensate “A” for the damages caused, and shall be liable for civil and criminal liability.

Appears in 2 contracts

Samples: Labor (Hanryu Holdings, Inc.), Hanryu Holdings, Inc.

Compensation of Damage. In the event of damages to”A to“A “due to”B to“B 's ’s willfulness or negligence, or in the event of embezzlement, transfer, etc.,”A ,“A “may discipline or dismiss”B“dismiss“B”, such as reduction, and”B and“B “shall compensate”A " compensate“A ” for the damages caused, and shall be liable for civil and criminal liability.

Appears in 2 contracts

Samples: Hanryu Holdings, Inc., Hanryu Holdings, Inc.

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Compensation of Damage. In the event of damages to”A to A” due to”B to 's B”s willfulness or negligence, or in the event of embezzlement, transfer, etc.,”A , A” may discipline or dismiss”Bdismiss B”, such as reduction, and”B and B” shall compensate”A " compensate “A” for the damages caused, and shall be liable for civil and criminal liability.

Appears in 1 contract

Samples: Hanryu Holdings, Inc.

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