Hi all
I joined my present company on Jan'09 and got training of 2.5 months in delhi till March'09.
Now in Feb'09 company asked us to sign a agreement as per which i will have to repay training costs of prior 12 months from the date of termination, if i leave company or co. terminates me within 12 months of appointment.
As 12 months were over i signed the agreement.
Now in March'09 company asked us to sign amendemnt agreement as per which i will have to repay training costs if i leave company or company terminates me for incompetence & misconduct, within 18 months of joining.
I want to know is it legally valid. If i leave i am ready to pay, but if they remove me it is not a breach of bond from my side.Still i will require to pay?
They may use this signed agreement for undue hardship from me.
What i should do with this amendment agreement?
Should i sign or not?
From India, Mumbai
I joined my present company on Jan'09 and got training of 2.5 months in delhi till March'09.
Now in Feb'09 company asked us to sign a agreement as per which i will have to repay training costs of prior 12 months from the date of termination, if i leave company or co. terminates me within 12 months of appointment.
As 12 months were over i signed the agreement.
Now in March'09 company asked us to sign amendemnt agreement as per which i will have to repay training costs if i leave company or company terminates me for incompetence & misconduct, within 18 months of joining.
I want to know is it legally valid. If i leave i am ready to pay, but if they remove me it is not a breach of bond from my side.Still i will require to pay?
They may use this signed agreement for undue hardship from me.
What i should do with this amendment agreement?
Should i sign or not?
From India, Mumbai
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Agr. for training, apprentice with bond.doc