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insearchof
Guest
I am in search of some legal advice here. I am a VP of a telecommunications firm that might be undergoing a merger and just found out that 90% of the VP's in the firm have a corporate contract with the firm. Within that contract is a guarenteed severance clause of 1-year. For whatever reason, I was not presented with a contract. Should a reduction take place, do I have a legal stance in claiming that a precedence has taken place (with the other VP's) in regards to the severance piece. To complicate matters, a terms and conditions document recently went out (as myself and the other VP's need to review these types of merger documents) listing out the employment contracts by name. What is your take? Thanks.