Hello all
My services were recently terminated by the company I worked for. With this termination package (I worked for the company for a combined 30 years overseas and in Australia), I was offered a separation package. Through my lawyers we negotiated a better package and I signed and dated the agreed offer in my lawyers office on Friday 16th May. A clause of the package states, and I quote, "The Settlement Sum will be paid within 7 days of the date of this deed". I phoned the company representative today as the money has not been paid. She advised that the money will only be paid in 7 days once the company director has signed the separation deed and that will only happen on Thursday with the money paid over on Friday. This in effect means that they are only settling 14 days after date of the deed. No where in the document is reference made to signature. Shall I go back to my lawyer? It is a costly exercise that I wish to avoid if I can.
My services were recently terminated by the company I worked for. With this termination package (I worked for the company for a combined 30 years overseas and in Australia), I was offered a separation package. Through my lawyers we negotiated a better package and I signed and dated the agreed offer in my lawyers office on Friday 16th May. A clause of the package states, and I quote, "The Settlement Sum will be paid within 7 days of the date of this deed". I phoned the company representative today as the money has not been paid. She advised that the money will only be paid in 7 days once the company director has signed the separation deed and that will only happen on Thursday with the money paid over on Friday. This in effect means that they are only settling 14 days after date of the deed. No where in the document is reference made to signature. Shall I go back to my lawyer? It is a costly exercise that I wish to avoid if I can.