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Liquidated Clause  Form

Liquidated Clause Form

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Quick guide on how to complete clause employment contract sample

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Instructions and help about liquidated damage sample

[Music] [Music] soundra hello everyone I'm Andrew McKenzie welcome back to our weekly webinar here I'm going to be talking about punitive well not punitive liquidated damages different kind of Damages and we're going to be exploring the question of whether your liquidated damages Clause is or is not enforcable so first in order for us to get started I think we need to talk about what liquidated damages are so in general terms they are a sum of money or a set formula to calculate the amount of money which a party will owe if it breaches a contract to compensate the injured party for its losses now keep in mind normally in contract law when somebody breaches a contract they have to prove actual damages so for example let's say you have a lease and somebody you you're a landlord your tenant breaches a lease you need to prove that you lost money on account of them breaching if they vacate early were you you able to find another tenant quickly enough

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