I am currently working with a prominent company and have resigned from the company two weeks ago. I have asked for a waiver in my notice period of 90 days by 40 days approximately. The reason for resignation is to change sector I am currently working in and seek out new opportunities. The reason for early release is my scheduled travel ( pre-booked) and I have a small medical procedure scheduled before the travel.
My partner ( performance manager) is not willing to accept my early release despite offering the buyout of notice period option. I have given him all the reasons as well but he is still not ready to budge.
My appointment letter mentions the following in termination clause:
" Upon your confirmation, either Party shall be free to terminate this Agreement at will and, at any time, with
or without cause, upon ninety (90) days prior written notice by the Party desirous of terminating this Agreement
or payment of equivalent salary in lieu thereof or a combination thereof, at the discretion of the Company. In the
event you exercise the option of terminating this Agreement within twelve (12) months from the date of joining,
in addition to the ninety (90) days written notice or salary in lieu thereof or a combination thereof, you shall also
be liable to reimburse to the Company any joining bonus paid to you by the Company at the time of your joining
the employment of the Company."
I am aware that once I handover all the assets and sensitive data to the company, the company cannot take any action against me except asking me to pay for the missed out days in Notice Period ( which I am already ready to pay for). Please advise me on how to go ahead with the same. I do not wish to stay in the company as I mentally cannot sustain in such an oppressive culture.
My partner ( performance manager) is not willing to accept my early release despite offering the buyout of notice period option. I have given him all the reasons as well but he is still not ready to budge.
My appointment letter mentions the following in termination clause:
" Upon your confirmation, either Party shall be free to terminate this Agreement at will and, at any time, with
or without cause, upon ninety (90) days prior written notice by the Party desirous of terminating this Agreement
or payment of equivalent salary in lieu thereof or a combination thereof, at the discretion of the Company. In the
event you exercise the option of terminating this Agreement within twelve (12) months from the date of joining,
in addition to the ninety (90) days written notice or salary in lieu thereof or a combination thereof, you shall also
be liable to reimburse to the Company any joining bonus paid to you by the Company at the time of your joining
the employment of the Company."
I am aware that once I handover all the assets and sensitive data to the company, the company cannot take any action against me except asking me to pay for the missed out days in Notice Period ( which I am already ready to pay for). Please advise me on how to go ahead with the same. I do not wish to stay in the company as I mentally cannot sustain in such an oppressive culture.