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        <title>Lowyat.NET: Latest topics by roldani</title>
        <description></description>
        <link>http://forum.lowyat.net/</link>
        <lastBuildDate>Wed, 24 Jun 2026 13:24:13 +0800</lastBuildDate>
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            <title>Employment Bond</title>
            <link>http://forum.lowyat.net/topic/2789651</link>
            <description>I have signed an offer letter which bonded me with Company X for 3 years but after a year plus I think this company is full of shit. I&amp;#39;ve got a better offer from Company Y and wish to resign from Company X.&lt;br /&gt;&lt;br /&gt;The clause mentioned about Company X’s reimbursement in the event of early termination and resignation, as stated in my offer letter is as follows:&lt;br /&gt;&lt;br /&gt;&amp;quot;Should you decide to leave your employment before completing 36 months of service, you are required to reimburse the company in full which is equivalent to 6 months&amp;#39; of your basic salary or any other incidental expenses incurred in the course of us securing your employment&amp;quot;.&lt;br /&gt;&lt;br /&gt;My queries are:&lt;br /&gt;&lt;br /&gt;1) The legal validity/enforceability/imposition of this employment bond&lt;br /&gt;2) If I do not pay up the amount as mentioned in the offer letter, and then Company X sue me, can Company X actually win the lawsuit? What are my chances of winning here?&lt;br /&gt;3) Can anyone who had encountered this before sharing their inputs or else, shed a light on this?&lt;br /&gt;&lt;br /&gt;I think it’s just fair enough if the reimbursement to be made to Company X is the amount pro-rated based on the number of months I was in employment (to date, 1 year 3 months). Company Y wanted to buy me out but they’re willing to pay up to 1 month’s salary and I’m willing to fork out my own money up to 1 month’s salary only. &lt;br /&gt;&lt;br /&gt;Apparently, I’ve got no lawyer friend and I can’t even discuss this matter with the HR, because the story will spread out in Company X like a bad virus. I had a few discussions with the old timers in Company X; they said the waiver or discount is most unlikely to happen.&lt;br /&gt;&lt;br /&gt;However, I read somewhere on the internet, the employee may not need to pay the liquidated damages/reimbursements (6 months’ salary) merely because it is stipulated in the contract/employment letter. The company is entitling for a sum of compensation only if the company has actually suffered a loss as a result of the employee’s early termination of contract.&lt;br /&gt;&lt;br /&gt;My current employer has only paid for my training and exam fees for a professional certificate.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;</description>
            <author>roldani</author>
            <category>Jobs &amp;amp; Careers</category>
            <pubDate>Fri, 26 Apr 2013 18:35:37 +0800</pubDate>
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