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or two (02) months rent and hiring in lieu of such notice."[/i]
First question: what does "hiring in lieu of such notice" mean?
Second question: will this work if I decide to terminate my employment, i.e. not my employer terminates me?
First question: I think you parsed this clause wrong, it should be:
"two (02) months rent and hiring, in lieu of such notice", not "rent, and hiring in lieu".
I interpret this to be the costs the LL associates with renting out the unit to you. Namely, they paid their agent a commission for a two year lease. In addition to that two months, they want the pro-rated fees for the remainder of the lease. They've paid the agent for a two year lease, and if they re-engage the agent to find a new tenant, they'll have to pay a fee based on another full lease.
Sergei82 wrote:SMS, there may be something else if I'm not wrong...
Maybe it is the same as with my company - he is in situation when he doesn't know whether his team will be moved to another country (India, Indonesia, whatever) or completely terminated, or left in Singapore for the time being. Not clear when this may happen. This plus disappointment with Singapore plus desire to find another job due to salary freeze for last several years (and watching VPs still receiving their bonuses as usual) gives him a lot of uncertainty. It is simply not clear whether he will be ready when that shit hits the fan.
Again, maybe I'm wrong about that... but I would've paid the taxes even if I'm already overseas.
Thanks, you sound like European unlike some guys on this forum who a ready to "kill" without knowing situation at all.
In fact, I'm just estimating the risk. Our team has been told that we may face structural changes, but when they come nobody knows.
In the first place, structural changes doesn't mean that they will start to fire.
In the second place, it won't come out of the blue.
I needed to understand all obligations to reserve some budget for the worst case. Cheers!
sundaymorningstaple wrote:It's pretty obvious that vink2 is about to do something dodgy as that's why he's been editing his posts. So, I have taken the liberty of quoting all of his posts in anticipation of him trying to delete his texts. Please do the same.
You may relax: I just changed rend to rent
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