Are sign-on bonuses enforceable through the sale of a company?
I was offered a sign-on bonus with a 1-year employment requirement, but 5 months after my hire date, my company was sold. The acquiring company purchased my division in its entirety, so there was no requirement to sign a new employment contract (except for a new non-compete). I am not happy with the direction the new company is headed and am looking to leave. If I leave before the original 12-month period, is the sign-on bonus contract enforceable by the new company?
Thank you in advance!
Answers (1)
YOu are best off showing the actual contract to an employment or contract law attorney to review the actual language of the document. Feel free to check ou my employee rights blog at www.takethisjobnshoveitblog.com for more information on employee rights.
posted by Scott Behren | Aug 30, 2010 6:44 PM [EST]
posted by Scott Behren | Aug 30, 2010 6:44 PM [EST]
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