One of my last jobs had that in contract, I asked for a full printed copy and read it through. Few days later was asked if I agreed to it, no problem says i 
Didn’t sign it, (you don’t have to but by accepting a wage is same as signing)
Don’t think management had proof read it,
The part that said about paying for damage read
" Any damage caused will be deducted from employees wages only with the written permission of said employee "
I would never have given that permission