Hello, I have just secured a 5 month contract as a PM. The agency has come back with a contract, I have amended most things, but this one stuck out:
Failure by the Consultancy to adhere to any term of this Agreement shall constitute a breach of contract and shall entitle the Employment Business to claim damages from the Consultancy for any resulting loss suffered by the Employment Business which shall include but shall not be limited to loss of profit suffered by the Employment Business due to the Consultant not completing the term of this Agreement as specified in the Schedule. The Employment Business shall be entitled to deduct any resulting loss from any fees that may be due to the Consultancy from the Employment Business.
Do you guys think this is reasonable? Nothing like this was in my last two contracts....
Failure by the Consultancy to adhere to any term of this Agreement shall constitute a breach of contract and shall entitle the Employment Business to claim damages from the Consultancy for any resulting loss suffered by the Employment Business which shall include but shall not be limited to loss of profit suffered by the Employment Business due to the Consultant not completing the term of this Agreement as specified in the Schedule. The Employment Business shall be entitled to deduct any resulting loss from any fees that may be due to the Consultancy from the Employment Business.
Do you guys think this is reasonable? Nothing like this was in my last two contracts....
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