Is my relocation agreement still binding with Company B if I signed it with Company A?

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Is my relocation agreement still binding with Company B if I signed it with Company A?

I signed a 2 year binding relocation agreement that penalizes me if I leave
within that period with Company A. Company A has since split into two entities
and I now work for Company B since Company A still exists. Is my relocation
agreement still binding with Company B now?

Asked on April 12, 2016 under Employment Labor Law, Ohio

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

If company B split off from company A as you indicate and you went with it, then yes, the ageement is still binding: the agreement would almost certainly have been assigned to company B when it split off, and in any event, since you were part of what became B, in essence, *you* are still working for the same entity as you were when you signed the agreement--from your perspective, this amounts to nothing more than a name change, which does not invalidate such an agreement.


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