Hello,
The company who is sponsoring my employment is asking me to sign a contract to repay the visa costs they have paid if either I resign, or if they terminate my employment at their discretion for what "in their reasonable opinion" is a valid reason.
The repayment schedule is as follows:
a) if employment terminates on or before the first anniversary of your start
date, all outlay on visa costs will be immediately repayable;
b) if employment terminates after the first anniversary of your start date but on
or before the 18-month, two-thirds of those costs will be immediately repayable;
c) if employment terminates after the 18-month point but on or before the
second anniversary of start date, one-third of those costs will be immediately repayable.
Thereafter, no repayment shall be required.
Is this standard for any employment contract involving a Tier 2 visa sponsor? Does anyone else have similar clauses in their contract?
Thank you.
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