15:13 Jun 29, 2003 |
German to English translations [PRO] Law/Patents / Director Contract | |||||||
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let me try to explain, Explanation: Fiona...the whole thing is about the periode AFTER termination of the contract The company will pay him a compensation, which will be offset by earnings from other activities - or by earnings he would have received, had he not wilfully refrained from earning something, i.o.w. had he not said to himself "The company will pay my compensation, anyway, why should I take up some other work?" I hope this will point you in the right direction. -------------------------------------------------- Note added at 2003-06-29 15:30:24 (GMT) -------------------------------------------------- Since this is a non-competition clause, it might not be easy for the director to land a job after his contract runs out or is terminated. This is why he gets a compensation for the compensation period, but with many ifs and buts - the company wants him to get back into some kind of work asap so they won\'t have the pay the whole compensation. This is why they are anxious that he should take up work if it is offered to him. If he refuses to take up work on purpose (because he thinks he gets the compensation, anyway), they are absolved, if.....and so on. |
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failed to earn through negligent (or culpable) omission to seek employment Explanation: I agree without Volkmar about the meaning, but that's how I'd phrase it in English |
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earns or in bad faith fails to earn Explanation: the essence, simple and direct I can't quite sign on to the "culpability" notion. |
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