TOOL ALLOWANCE AND SECURITY Clause Samples
The "Tool Allowance and Security" clause defines the provisions regarding the supply, use, and safeguarding of tools required for a job or project. Typically, it outlines whether the employer will provide a monetary allowance for tools, specify which party is responsible for supplying them, and detail any security measures or obligations for protecting the tools from loss or damage. This clause ensures clarity on financial responsibility and risk allocation related to tools, helping to prevent disputes over tool ownership, maintenance, or replacement during the course of work.
TOOL ALLOWANCE AND SECURITY. The Employer will provide a locked area for the storage of Craftspersons' personal tools during off-work hours. These Employees shall also receive, upon proof of purchase, a replacement hand tool allowance of up to a maximum value of $75.00 per person, per calendar year. Any unused portion of this allowance may not be accrued beyond two consecutive calendar years.
TOOL ALLOWANCE AND SECURITY. The Employer will provide a locked area for the storage of Craftspersons' or technicians’ personal hand tools, that are required for purposes of performing their duties, during off- work hours. These Employees shall also receive, upon proof of purchase, a replacement hand tool allowance of up to $100.00 per person, per calendar year. Any unused portion of this allowance may not be accrued beyond two (2) consecutive calendar years.