I am an executive with an employment contract that provides severance of 1-year base salary. The language in contract very clearly indicates a trigger is termination. However, I believe the new owner of our company is likely going to offer me a role with

I am an executive with an employment contract that provides severance of 1-year base salary. The language in contract very clearly indicates a trigger is termination. However, I believe the new owner of our company is likely going to offer me a role with reduced compensation and reduced responsibilities. The contract does not speak to this one way or the other as a trigger. I am curious how this is interpreted under Nebraska law. Is the elimination of a position with the offer of continued employment with different responsibilities and pay an opportunity for me to trigger the severance clause or not?

0 answers  |  asked Feb 5, 2020 12:58 PM [EST]  |  applies to Nebraska

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