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I did H1b visa transfer to a prime vendor. But due to some personal reasons, I am not able to join to prime vendor and decided to continue with the existing employer. I signed employment agreement which talks abt liquadated damages payment.
clause in employement agreement form:
Employee fails to commence the services as per the start date in the offer letter or voluntarily resign from Technologies, Inc within the first twelve months of employment, Employee agrees to pay Technologies, Inc. upto $20,000.00 USD towards damages incurred within one (1 week) of the said occurrence. .
As per employer if I dont pay, he is saying its mentioned in contract I should pay otherwise it will proceed legally.
shall be resolved in the courts of the State of New Jersey. As
part to the resolution process, both parties may be required to enter mediation or binding arbitration, which
shall be conducted in accordance with the rules of the American Arbitration Association in New Jersey.
Question:
a. can employer proceed legally??
b. Should I pay 20000K? I am willing to negotiate, but employer is saying no chance of negotiation. I need to pay 20k
clause in employement agreement form:
Employee fails to commence the services as per the start date in the offer letter or voluntarily resign from Technologies, Inc within the first twelve months of employment, Employee agrees to pay Technologies, Inc. upto $20,000.00 USD towards damages incurred within one (1 week) of the said occurrence. .
As per employer if I dont pay, he is saying its mentioned in contract I should pay otherwise it will proceed legally.
shall be resolved in the courts of the State of New Jersey. As
part to the resolution process, both parties may be required to enter mediation or binding arbitration, which
shall be conducted in accordance with the rules of the American Arbitration Association in New Jersey.
Question:
a. can employer proceed legally??
b. Should I pay 20000K? I am willing to negotiate, but employer is saying no chance of negotiation. I need to pay 20k
