QUESTION
Do I have to honor 50k note for repayment for training if furloughed and pay reduction before 3 year perior of employment?
Asked on Aug 26th, 2015 on Employment Contracts - Texas
More details to this question:
Son went to work out of college for a large oil servicing company out of Texas. He signed a promissory not to repay training if he did not stay three years. The company is furloughing, reducing his job from engineer to laborer at half the salary listed in offer letter. Can he get out of the contract? He works in Louisana, but the company's law office fall under Texas laws..
1 ANSWER
2 Awards
You are going to have to have a lawyer look at his agreement to give you an answer to this question.
Answered on Sep 07th, 2015 at 8:11 PM
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