Compensatory Clause Examples
A compensatory clause establishes the obligation for one party to provide payment or other forms of compensation to another party in the event of a loss, damage, or breach of contract. Typically, this clause outlines the circumstances under which compensation is due, such as failure to deliver goods or services as agreed, and may specify the method and timing of payment. Its core practical function is to ensure that parties are made whole after suffering a loss, thereby allocating risk and providing a clear mechanism for financial redress.
Compensatory. Discretionary Leave Days shall be tracked separately from regular discretionary leave days. They may be banked and used in addition to the Employee's regular Discretionary and Sick Leave.
Compensatory. Such activities shall be positions where an extra payment is made by the Board for the performance of such duty or where compensatory time off is given for the performance of such duties.
Compensatory. Damages are those amounts awarded to compensate for the actual damages sustained, and are not awarded as a penalty, nor fixed in amount by statute.
Compensatory damages because of bodily injury include compensatory damages claimed by any person or organization for care, loss of services or death resulting at any time from the bodily injury.
Compensatory. An employee who is unable to work and who furnishes satisfactory evidence thereof may be granted a medical leave of absence without pay covering the period of such illness. During said leave, the employee shall accrue his/her seniority. Hospital and group life insurance premiums shall continue to be paid by the Board of Education to cover the extended illness of an employee for a period not to exceed one (1) year, but the employee will not accrue sick leave days or holiday benefits. Return from the stated leave shall be conditioned upon medical proof of fitness and ability to perform all necessary duties and functions of the job assignment. Before returning to work after an operation, injury, or serious illness, an employee shall present to the central office a statement from the doctor indicating that the employee has satisfactorily recovered and is able to return to work with or without restrictions. An employee unable to return to their assigned position at the conclusion of 365 calendar days shall be terminated from employment, without cause.
Compensatory. COUNTY may seek compensatory damages, including:
(1) amounts equal to any franchise fees, liquidated damages or other amounts that FRANCHISEE has paid to COUNTY but that are subsequently recovered from COUNTY by a trustee in bankruptcy as preferential payments or otherwise; and
(2) the full amount of any commission, percentage, brokerage or contingent fee proscribed under the County Code.
Compensatory. Base salary is $42,300 for the 2019-20 school year. Base salary is pursuant to chapter 15.1-05 of the North Dakota Century Code, plus one work day. $500 horizontal increments based on semester hours of BS+0, BS+8, BS+16, BS+24, BS+32, BS+40, BS+48, MS, MS+8 and MS+16. $500 vertical increments through year 31. (Addendum #1) Teachers can only move one vertical step each year.
Compensatory. Transport Contractor will pay County damages in amounts equal to the County’s reimbursement costs for and any fines or penalties levied by regulatory agencies, including for:
3.01 County’s reimbursement cost of obtaining substitute transport service in excess of its what it would have paid under this Transport Contract.
Compensatory and consequential damages against Mohawk in an amount to be proven at the arbitration hearing;
Compensatory. In addition to any damages under the Master Contract, Contractor will pay County the following damages: MC 4.04 and 13.01 Direct cost of any fine, penalty, or other monetary assessment on County with respect to the material, plus reimbursement cost of County’s cost to respond the entity that made the assessment, such as staff time. MC 13.01and 14.03 County’s reimbursement cost of transporting material to the materials management facility identified under this Contract, including cost of regulatory compliance as well as labor, fuel, and depreciation for each load. County’s reimbursement cost of reuse, processing, or disposing of the material .