Failure to Employ. Failure to fulfill the employment obligation, in full or in part, gives Seller the right to claim penalties. In accordance with the Employment Plan, for every less employed worker the Buyer shall be obliged to pay penalties as per the following formula: Number of workers x Number of months x Average gross salary in FBiH in the calendar year preceding the year in which the Buyer has failed to employ the agreed number of workers. *Number of workers: Any delay in the employment of new workers or failure to maintain the agreed number of workers in terms of sustainability of the number of employed workers. *Number of months: The time lag expressed in the number of full months. Payment of penalties shall not release the Buyer from its obligation to employ new workers. In case that within the period provided for fulfillment of the obligation – maintaining specific number of employees as provided hereunder (i.e. in the period provided for monitoring of fulfillment of employment obligations) at certain point of time there shall occur delay in fulfilling the same and that in another point of that period a bigger number of employees than being provided by the Agreement shall be employed, the Seller shall compensate penalties so that he shall not claim penalties for the part of delay provided by this provision of chapter 7.2.
Failure to Employ. If the Buyer fails to fulfill the employment obligations and in accordance with this is allowed to close the Attachment to the Agreement, the Seller will claim the fulfillment of liabilities and the Agreement penalty. The Buyer is obliged for any delay of employment obligation according to the Employment Plan to pay the Seller the agreed penalty, amounting 20 % of the amount gained according to the following formula: - Number of workers x (multiply) a number of months x (multiply) the average paid monthly gross salary of the employees in the Federation BiH according to the last published data. *Number of workers: With not realized obligation according to the Employment Plan. *Number of months: The total number of months from the first next day when the Employment Plan has to be realized for a certain period until a day determined by the Attachment to the Agreement for fulfillment of this obligation. The Agreement penalty determined in compliance with these regulations, the Seller may charge from the Guarantee of Buyer’s performed liabilities. Payment of penalties shall not release the Buyer from its obligation to perform employment obligations.
Failure to Employ. Failure to fulfill the employment obligation, in full or in part, gives the Seller the right to impose penalties. For each worker not employed under the Employment Plan, the Buyer shall pay to the Seller penalties determined under the following formula. Number of Workers x Number of Months x Average Gross Salary in the Federation of Bosnia and Herzegovina in the calendar year preceding the year in which the delay has occurred, that is, in which the agreed number of employed workers has not been met. *Number of Workers: Any delay in hiring new workers, or failure to keep the agreed number of workers in terms of sustainability of the number of existing workers. *Number of Months: The time lag expressed in the number of full months. Payment of penalties shall not Release the Buyer from the obligation thereof to hire new workers. In case that, in the period of fulfillment of the obligation – maintaining the level of employment as provided herein (i.e. in the period provided for monitoring the fulfillment of employment obligations), a delay in attaining the level occurs at a certain point of time and, at another point of time during the period, the number of staff employed exceeds the number provided in the Agreement, the Seller shall compensate for the penalties, by not claiming penalties for a part of the delay under this provision specified in Section 7.2.
Failure to Employ. Failure to fulfill the employment obligation from Section 7.1.of the Agreement means a decrease of employees, when there is no need for some employees. Failure to employ in full or in part, gives Seller the right to claim penalties. Payment of penalties shall not release the Buyer from its obligation to retain existing employees. The Buyer shall be obliged for every less agreed employee within Employment Plan to pay penalties to the Seller, as per the following formula: Number of workers x Number of months x Average gross salary in the Company in the calendar year preceding the year in which the Buyer has failed to employ the agreed number of workers. *Number of workers: Maintaining the agreed number of workers according to the List from the Annex 7. *Number of months: The time lag expressed in the number of full months, for three years’ duration of this Agreement.
Failure to Employ. Failure to fulfill the employment obligation from Section 7.1.of the Agreement means a decrease of employees, when there is no need for some employees. Failure to employ in full or in part, gives Seller the right to claim penalties. Payment of penalties shall not release the Buyer from its obligation to retain existing employees. The Buyer shall be obliged for every less agreed employee within Employment Plan to pay penalties to the Seller, as per the following formula: Number of workers x Number of months x Average gross salary in the Company or FBiH in the calendar year preceding the year in which the Buyer has failed to employ the agreed number of workers. *Number of workers: Maintaining the agreed number of workers according to the List from the Annex 7. *Number of months: The time lag expressed in the number of full months from the period workers stopped working to the period they come back to work in the Company, for three years’ duration of this Agreement.
