N Ltd v ZM & DX [2024] NZDT 444 (23 April 2024) [pdf, 208 KB]
...intermeddling and exclusivity clauses contain a penalty component because the payment of the full year’s fees, without reduction, is not a genuine pre- estimate of loss because it does not factor in the savings to N Ltd of not having to expend time and resources in the performance of the contract. 21. NN pointed to various other Disputes Tribunal decisions as well as a District Court decision that he says uphold N Ltd’s right to charge the full commission for the year upon cancellati...