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Company rules: Contract clause on debts incurred by managers (contract clause)

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Source: XpertHR P&D

Date: 24/01/2005

Publisher: XpertHR

Company rules: Contract clause on debts incurred by managers (contract clause)

TOPICS:

contracts of employment

terms of employment

AUTHOR: Jason Galbraith-Marten

Clause wording: You shall not incur any debt or obligation for the Employer except for those that are ordinarily incurred in the normal course of your duties. Prior permission for incurring expenditure over £[ ] must be obtained from [ ].

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