Astraljump
New Member
I am currently working with Company A who is a consulting company and is in contract with the PRIME VENDOR B. PRIME VENDOR B is in a MSA (Master Service Agreement) with client C
Me (employee) >> Company A >> Prime Vendor B >> Client C
FYI I have signed an employment agreement with company A which states that they are liable to charge me loss of revenue if I break the contract and join the client directly.
Client C who is the end client has offered me a full time position and Prime Vendor B is ok with it as the MSA is to have a right to hire clause after a consultant / contractor finishes minimum of 6 months of work. However, the company A who doesn't seem to have any connection with company C is asking to pay money in form of penalty for the loss of revenue for the remaining term of the contract. In an event if I am unable to pay for the loss of revenue he has indicated that a law suit may follow to collect the penalty.
Questions: Am I required to pay any sum to company A when company C is trying to hire me? Have I breached the contract in any way?
Me (employee) >> Company A >> Prime Vendor B >> Client C
FYI I have signed an employment agreement with company A which states that they are liable to charge me loss of revenue if I break the contract and join the client directly.
Client C who is the end client has offered me a full time position and Prime Vendor B is ok with it as the MSA is to have a right to hire clause after a consultant / contractor finishes minimum of 6 months of work. However, the company A who doesn't seem to have any connection with company C is asking to pay money in form of penalty for the loss of revenue for the remaining term of the contract. In an event if I am unable to pay for the loss of revenue he has indicated that a law suit may follow to collect the penalty.
Questions: Am I required to pay any sum to company A when company C is trying to hire me? Have I breached the contract in any way?