Comparible Offer

My employer is selling our business unit to competitor. They offer a severence package but say that if the purchasing company makes a "comparible offer" in regards to position, pay and distance of travel, that you automatically forfeit your severence pay even if you decline the offer. My problem is that they have not given specific guidelines for an offer being considered "comparible". Is there any case law or something on the books that says what is considered "comparible"? I have asked 6-7 times, but they have declined to give me these parameters.

1 answer  |  asked Feb 19, 2010 10:11 PM [EST]  |  applies to Ohio

Answers (1)

Bruce Elfvin
The simple answer is no there is no precise definition, but it would have to be substantially similar in authority, pay, and general duties.

posted by Bruce Elfvin  |  Feb 26, 2010 3:14 PM [EST]

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