I received an offer from Company A and have accepted the offer(signed job offer letter). 2 days before starting work at Company A, i received a more favourable offer from Company B. After much thought, i decided to go for Company B.
I gave a call to Company A and wished to terminate the offer. Company A
informed me that i shall pay them back ( 2 months of salary ) due the
damage that i have given to them.
In the offer letter from Comp A, it stated that
- I hereby undertake that subsequent to my acceptanceof this offer of employment, should I choose to revoke the same, I shall be liable to compensateand indemnify the Company with a payment of TWO (2) months' salary (at the monthly salary rate offered by the Company above
stated) as agreed liquidated damagesand the said amount shall be paid to the Company within SEVEN (il days from the date stated herein failing which the Company shall be entitled to hold me liable for all costs and expensesarising out of and in relation to its commencementof legal
proceedingsagainst me for the recovery of the same.
Yesterday i received the lawyer letter and to ask me to pay for the 2 months salary within 7 days. What should I do now? Must I pay for it? Please advice.