Common use of Compensation for Loss of Tools Clause in Contracts

Compensation for Loss of Tools. The company shall, on behalf of the employee, replace employees tools lost by theft whilst working, providing these tools were securely stored in a locked company vehicle or locked private vehicle whilst at work or any storage facility situated on the company’s premises, job site, workshop or lockup. Employees’ tools lost by theft whilst actually being used for work (i.e. when not securely stored as described above) are however the sole responsibility of the employee and these will not be replaced. Any claim for such loss of tools by theft shall be accompanied by a police report. Each employee shall provide the company with an up to date validated agreed list of tools in regard to this clause. Failure to provide such a list shall result in any application for replacement of lost tools to not be considered by management. Company vehicle driver's tools will be covered as above, if stolen whilst the vehicle is locked and is parked on the employee’s private property or in the immediate vicinity. Company vehicles are provided only for work related and private use under the following conditions:

Compensation for Loss of Tools. The company shall, on behalf of the employee, replace employees tools lost by theft whilst working, providing these tools were securely stored in a locked company vehicle or locked private vehicle whilst at work or any storage facility situated on the company’s premises, job site, workshop or lockup. Employees’ tools lost by theft whilst actually being used for work (i.e. when not securely stored as described above) are however the sole responsibility of the employee and these will not be replaced. Any claim for such loss of tools by theft shall be accompanied by a police report. Each employee shall provide the company with an up to date validated agreed list of tools in regard to this clause. Failure to provide such a list shall result in any application for replacement of lost tools to not be considered by management. Company vehicle driver's tools will be covered as above, if stolen whilst the vehicle is locked and is parked on the employee’s private property or in the immediate vicinity. Leighton Contractors Pty Limited (N.T. Engineering) Union Collective Agreement 2008 (Final 01/09/2008) Company vehicles are provided only for work related and private use under the following conditions: