Declining the signed contract.. Help needed

[vijay56]

Dear Team,
I am in Singapore from past 3 months . I got job offer on my DP along with LOC and I signed the offer with the consulting company. In the offer the Notice period cluause stated that the notice period will be started from the day I signed the offer and if I cannot join them then I need to pay 1 month salary to the consultacy. My joining date is not yet confirmed.

But now I got other offer and they process my EP, and now I had my Q1 pass. And I am going to cancel my DP.

So my question here is am going to reject the first offer now, do they create any problem for me? What will be the best way to convey this to them?

Please suggest me.
Thanks,
Vijay.

[Strong Eagle]

You signed the offer. You signed an offer with an agreement to pay one month's salary if you fail to join. Now, you do not want to join. Seems to me you owe one month's salary. Am I missing something?

[nutnut]

You signed the offer. You signed an offer with an agreement to pay one month's salary if you fail to join. Now, you do not want to join. Seems to me you owe one month's salary. Am I missing something?

+1

[v4jr4]

And double post? http://forum.singaporeexpats.com/sutra599886.html

[Mi Amigo]

Maybe because he has two jobs?

[nutnut]

And here I was thinking my original comment hadn't been accepted for some reason! I'm losing the plot!