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Tele Norte Leste Participacoes S.A. (TNE)
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TNE » Topics » Indemnity

This excerpt taken from the TNE 20-F filed May 6, 2008.

Indemnity

Indemnities refer to requests for indemnification or liquidated damages during the term of an employment contract that may arise for several reasons, including: work accident, occupational injuries, employment stability, moral damages, and reimbursement of amounts discounted from paychecks, and as well as child care allowance and achievement of productivity standards set forth in the collective bargaining agreements. The provision for indemnities we recorded totaled R$89 million as of December 31, 2007.

This excerpt taken from the TNE 20-F filed Jun 15, 2007.
Indemnity
 
Indemnities refer to requests for indemnification or liquidated damages during the term of an employment contract that may arise for several reasons, including: work accident, occupational injuries, employment stability, moral damages, and reimbursement of amounts discounted from paychecks, and as well as child care allowance and achievement of productivity standards set forth in the collective bargaining agreements. The provision for indemnities recorded by TNL totaled R$107 million as of December 31, 2006.
 

EXCERPTS ON THIS PAGE:

20-F
May 6, 2008
20-F
Jun 15, 2007

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"Indemnity" elsewhere:

China Telecom (CHA)
Hong Kong Television Network Ltd (CTEL)
Hutchison Telecommunications International (HTX)
Portugal Telecom SGPS, S.A . (PT)
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