KAL CCL B737NG Captain Contract Terms
Would appreciate advice from anyone 'been there' on a particular aspect of this contract please.
"Early Resignation: Korean Air apply a US$15,000 penalty payment as an offset against training costs, to any captain who leaves voluntarily within the first 12 months of service. After the first year, 3 months written notice is required for contract termination."
I'm considering this contract in the short term and wish to know how exactly they intend to try and enforce this 'bond', which seems absurd to me given I'm already rated. To clarify, should I leave before the 12 months were up it would be to a career airline with whom I would be unlikely ever to leave, thus negating any possible reference problems etc.
Thanks