4 ms·
From what I recall "continuing to employ you" is not legally acceptable consideration, because you had the job before the contract, and therefore you are not ge
by cstejerean 11y ago
From what I recall "continuing to employ you" is not legally acceptable consideration, because you had the job before the contract, and therefore you are not getting anything new. If it involves a pay raise, promotion, a bonus, etc, then it can be acceptable.
IANAL.
- kylec 11y agoContinued employment is sufficient consideration for some contracts http://www.jacksonlewis.com/publication/continued-employment-adequate-consideration-non-compete-imposed-mid-employment-hawaii-judge-rules http://www.jacksonlewis.com/publication/continued-employment.... However, I can't imagine that if Yahoo was so desperate to retain its executives that it would fire them if they didn't sign the agreement. I'm guessing that there was some additional incentive offered.