An employment contract may state the amount of liquidated damages to be paid if the contract is breached. Upon a party's breach, the other party will recover this amount of damages whether actual damages are more or less than the liquidated amount.
If the agreed-upon liquidated damage amount is unreasonable, the Court will hold the liquidated damage clause to be void as a penalty. If the Court declares the clause to be void, the employer would have to prove the actual damages.
USLegalForms offers a variety of resources and templates to help you create employment contracts that include a well-defined liquidated damages clause. Their platform ensures that your contracts are compliant with Minnesota laws, protecting both parties against potential breaches. By utilizing USLegalForms, you can simplify the contract creation process and reduce legal uncertainties.
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While living in Minneapolis, you can benefit from small-town vibes and big-city amenities. Although the cost of living is 3% higher than the state average, Minneapolis offers a budding economy, excellent and affordable healthcare, and 0% tax on clothing and shoes. Housing can also be very affordable!
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MINNEAPOLIS (WCCO) -- ing to a new survey, Minneapolis is increasingly among the world's most livable cities, even amid the COVID-19 pandemic. The Economist's Global Livability Index for 2021 listed the City of Lakes as the 36th most livable city in the world, up 19 spots since last year.
The cost of living in Minneapolis, MN is 2% lower than the state average and 6% lower than the national average. Minneapolis, MN housing is 13% cheaper than the U.S average, while utilities are about 6% less pricey.
When it comes to twin cities living, it can't be beat. In fact, you can easily expect a great quality of life in Minneapolis, with its endless supply of parks and outdoor activities, numerous gorgeous lakes, and mouthwatering food scene ? among many other things.
The cost of living in Minneapolis, MN is 2% lower than the state average and 6% lower than the national average. Minneapolis, MN housing is 13% cheaper than the U.S average, while utilities are about 6% less pricey.
