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Is this in relation to new or existing employment i.e. is your employer changing their contract?
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Many thanks for your patience. This clause is indeed rather poorly written. What it is basically trying to say is that if the company thinks that there are sums incurred by your negligent actions they will first fully investigate these first before deciding if they were indeed incurred because of your negligence. This investigation will also include taking you through a formal disciplinary procedure before any decision is taken. So it is good in a sense that they are saying they will investigate the allegations first and go through a formal disciplinary before laying any blame on you for losses incurred apparently as a result of your negligence. So there is nothing untoward as such, it is just not very well written - there should be no issues with signing it, I would not be too concerned if I was signing it personally.
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