Nationwide Bonds
Join Date: Nov 2005
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Bond signed in 2004 - and I quote:
"In the event of said resignation or dismissal occuring after the expiration of 12 months ....then the capital sum shall be reduced by one thirty sixth for each month AFTER THE TWELFTH MONTH FROM THE DATE THE EMPLOYEE RECEIVED HIS LICENCE ENDORSEMENT ...."
Please someone explain to me how that is a three year bond?
Vernon got clever a while ago...
"In the event of said resignation or dismissal occuring after the expiration of 12 months ....then the capital sum shall be reduced by one thirty sixth for each month AFTER THE TWELFTH MONTH FROM THE DATE THE EMPLOYEE RECEIVED HIS LICENCE ENDORSEMENT ...."
Please someone explain to me how that is a three year bond?
Vernon got clever a while ago...
Join Date: Oct 2004
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Employment contract signed 2005:
And I quote:
"In the event of resignation or dismissal occuring after the expiration of 12(twelve) months commencing from the date of employment with the company, then the capital sum shall be reduced by one thirty sixth for each month since the employee received his licence endorsement and was a revenue producing pilot."
Some conflicting statements then between the 2 contracts.
I think you're right though SIC. I have a feeling that the terms in the training agreement take preference.
Oh S*&^%, bubble now burst!!!
And I quote:
"In the event of resignation or dismissal occuring after the expiration of 12(twelve) months commencing from the date of employment with the company, then the capital sum shall be reduced by one thirty sixth for each month since the employee received his licence endorsement and was a revenue producing pilot."
Some conflicting statements then between the 2 contracts.
I think you're right though SIC. I have a feeling that the terms in the training agreement take preference.
Oh S*&^%, bubble now burst!!!
