To Whom it My Concern,
I need help please. I was terminated last week from a company that I had worked for for about 19 months. They have sent me an "Employee Termination
Agreement and Release". I feel very uncomfortable signing it due to a few things. So to start with the items in the offer letter.
* I signed an offer letter where I have a "Base Salary of $30,000.00 per year plus commission.
* Per the agreement the is a start up "draw/loan" where they pay me $1057.00 plus my salary for 6 months.
* Note: In this offer letter the draw/loan is to go against my commissions. In this offer letter it is never stated that I have to pay this back. Here is where this problem is.
The "Letter" says the will pay me a "severance pay
" (2 Week Salary) but I have to agree to and sign the letter. PROBLEM, Employer says that they agree to pay me $20,813.13 subject to appropriate tax withholding. "They Say" this represents the approximate amount that "I" owe them for outstanding advance that I currently owe and will be no further obligation will be owed. Signing this will also allow them to sign any and all paperwork necessary to authorize this deduction
Please know that I have never received any commissions or even a commission statement ever from this company. The CFO says he can write this off and help the out and they give me a severance pay. This Scares me. I live in GA and it is a right to work
state and company is in OK. Checks are paid by Staffone.
Last thing, the have list of items to return and I have all but an I-Pad that is on this paperwork.
Scared to Sign This!!!
Thank You ahead of time for any and all advise.