Hello again and thank you for your response, although I am still not entirely clear if you were already starting to write policies on the new book of business when she back out. If you were, then you would be entitled to the 50% equity offer on what you had already written prior to her change of heart. However, most courts, if this went to litigation, would not enforce the verbal agreement after she indicated that she changed her mind if you are an employee. An employer always has the right to change the terms and condition of employment, including wage agreements going forward unless there is a written contract to the contrary. For example, a term contract or bargaining agreement. However, as mentioned, if you had already done some work on that book of business, then under California and Federal wage laws, the employer would be locked in to the agreement on the work already done, just not for future work once notice of the change in wage agreement occurred.
As an aside, a contract requires not only an offer and acceptance but also consideration. That is key. Some examples of consideration would be to turn down a job with someone else in exchange for the promise of increased payments. If you did already write policies on the new book of business when she cancelled her offer, and she won't pay you the extra for that business, you have a few options. One is to file a wage complaint with the State and the other is to file suit against the employer.
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