Maximum Amount of Compensation. The Contractor’s liability for all damage, losses, costs and expenditure in the Engagement is limited to the higher of either two (2) times the agreed fee for the Engagement under the En- gagement Contract or ten (10) times the price base amount according to the Social Insurance Code (2010:110) which applied when the En- gagement Contract was entered into. For En- gagements which have been running for a longer period than twelve (12) months, the agreed fee for the Engagement shall be constituted by the average annual fee. The average annual fee is the total fee paid for the services during the engage- ment period, divided by the number of months which have elapsed during the engagement peri- od, multiplied by twelve. The engagement period is the time from the start of the Engagement to the time of the circumstance upon which the Client bases its legal action. The limitation does not, however, apply if it is shown that the Con- tractor has caused the damage through wilful or gross negligence.
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Sources: Advisory and Other Services Agreement, Advisory and Other Services Agreement
Maximum Amount of Compensation. The Contractor’s liability for all damage, losses, costs and expenditure in the Engagement is limited to the higher of either two (2) times the agreed fee for the Engagement under the En- gagement Engagement Contract or ten (10) times the price base amount according to the Social Insurance Code (2010:110) which applied when the En- gagement Contract was entered into. For En- gagements which have been running for a longer period than twelve (12) months, the agreed fee for the Engagement shall be constituted by the average annual fee. The average annual fee is the total fee paid for the services during the engage- ment period, divided by the number of months which have elapsed during the engagement peri- od, multiplied by twelve. The engagement period is the time from the start of the Engagement to the time of the circumstance upon which the Client bases its legal action. The limitation does not, however, apply if it is shown that the Con- tractor has caused the damage through wilful or gross negligence.
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