Ask Experts Questions for FREE Help !
Ask
    reddygaru's Avatar
    reddygaru Posts: 1, Reputation: 1
    New Member
     
    #1

    Aug 18, 2013, 03:51 AM
    H1B liquidated damages - Mahindra Satyam
    These are the statements in my offer letter.

    In order to fulfill your assignment, it will be necessary for Mahindra Satyam to make
    Substantial efforts and incur expenses for your training, airfare, and relocation costs. If you
    Fail to complete your assignment, Mahindra Satyam will incur substantial damages. These may include the
    Costs of your replacement, airfare, training, lost time on the job and other down-time, loss of client
    Confidence and customer relations, failure to transfer knowledge, and loss of existing business and future
    Business opportunities. If you breach this Agreement by leaving a project or assignment before
    It is completed, and/or by changing or transferring your immigration status in the United States, without the
    Written consent of Mahindra Satyam, and in violation of this Agreement, Mahindra Satyam shall declare
    Immediately due and payable and shall recover from you, as liquidated damages, and not as a penalty, a
    Fixed sum in the amount of $25,000.00 (USD), which represents a reasonable amount in relation to the
    Actual expenses incurred by Satyam, including, but not limited to, those referenced above.


    Let me know if this liquidated damages are applicable.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #2

    Aug 18, 2013, 06:22 AM
    Applicable to what?

    It appears to be a reasonable liquidated damages clause. Whether it is enforceable depends upon the law of the jurisdiction (state in the U.S. I'm guessing) and the exact set of facts upon which might apply to the situation.

    In other words, are you contemplating breaching the contract?
    h1bapplicant's Avatar
    h1bapplicant Posts: 1, Reputation: 1
    New Member
     
    #3

    Sep 19, 2013, 07:45 PM
    Hi Expert,

    I am also from same company having same clause,I am planning to change the current H1B employer for personal reasons with 15 days notice period. So what are the consequence I need to face.

    Will they Employer really ask the $25K (Huge amount)? If they ask how much ? Or will they come to settlement ?

    This clause in in onsite Offer Letter where we signed in India.will they applicable in US . Again in USA is it depend on state to state ?

    Your response is appreciated.

    Thanks,
    -----

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Is an early termination fee or liquidated damages clause required on lease contract? [ 7 Answers ]

I live in Florida. I need to break my lease. There is an stipulation on my contract that says... "tenant must first submit such request in writing to the office. resident must give 60 day written notice and remarketing fee of $250. The charge will in no way release the resident of his/her...

Liquidated Damages for H1B [ 1 Answers ]

Hi, I transferred my H1B to a employer last August, that time I signed a 'EMPLOYMENT, NONSOLICITATION, AND CONFIDENTIALITY AGREEMENT ', it was told I should work for the employer for 15 months and in case of breach I should pay LIQUIDATED DAMAGES of 25,000 $ and attorney fees, subject to state...

How to collect from business that is being liquidated? [ 2 Answers ]

Help! I own a small business and did work for a company. They owe over $10,000 and I don't know my options on how to collect. They are located in Santa Clara County and even though they are liquidating they are starting a new similar company. Please advise! :(

Need to understand about the Liquidated Damage under H1-B Visa [ 1 Answers ]

Greetings to all, I have recently put my resignation to my ex-employer A(Small consultancy in NJ) & joined an employer B (Billion $ company). I had an agreement with my employer A for 18 months to stay. I was in project for 6 months. After that I was on bench for almost 2 months. They did...


View more questions Search