>>70576137>The claim floating around is that Niji has been waving financial penalties around as a threat against Livers who get too pushy about graduation.It's called a Liquidated Damages clause. Nearly all employment contracts have them for different types of breaches. It simply states that you agree to pay the company a pre-defined amount of money that is an "estimate" of what your breach of contract would cost them. It ensures employees can't fuck around without finding out. Not including a liquidated damage clause for a given breach event means that an employer would have to go to court and fight a case proving how much damage was done before he would see any recourse. It's pain in the ass for everyone involved. So including agreed upon amounts in the contract saves a lot of headache.
Now, strictly speaking, the clause is unenforceable in many jurisdictions IF the estimate isn't genuine. That is to say, they can't slap a big ole number in there just to fuck with you. If it asks for far more than the damage to the company would actually be, it cannot be enforced. However, companies usually try to get around this by having the next line in the contract state that you agree that the estimate is genuine. It's a nice little loophole. It means you can't argue they are being overly harsh once they go after you for damages. Because you already agreed, in writing, that the number was fair.
In the case of someone ending their fixed-term contract early, the estimated amount would likely be defined as $X/day remaining in the contract term. So as an example, your employment contract could estimate that you are worth $500/day to the company. If you sign the contract, and then decide to quit 100 days before your contract is over, you would owe them $500 x 100 = $50,000. I could not even begin to hazard a guess on what Anycolor's numbers would actually be, but I hope that explains the concept a little. It's also certainly possible that they are incompetent enough to not include the clause to begin with. There is no bar too low for these people to trip over.
