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re: The concept of contract renegotiations baffles me

Posted on 11/28/12 at 1:54 pm to
Posted by extremetigerfanatic
Member since Oct 2003
5851 posts
Posted on 11/28/12 at 1:54 pm to
quote:

Let's say I am going to buy your house for $500 and we sign a contract. Tomorrow a guy comes by and says I will pay you $1,000, plus any cost that you incur to break your previous contract. What would you do? If you aren't an idiot, you would come back to me and say pay me $1,000 or I walk. Got it?


Plus that contract had a clause you agreed to that enumerates the cost of getting out of the contract at $100.

I guess you would still be mad even tho u got the $100 u agreed to?
This post was edited on 11/28/12 at 1:57 pm
Posted by LSU GrandDad
houston, texas
Member since Jun 2009
21564 posts
Posted on 11/28/12 at 1:59 pm to
noone is violating any contracts. as to why it would be in LSU's best interest to up miles pay now is obviously not something you would understand. as someone who has hired (and fired) key personnel LSU not offering a pay increase right now very well could be the same thing as letting him go. the risk of that is enormous and should be avoided if said employee is desirable. it's really very simple and the present contract is pretty much not even relevant.
Posted by saintboy8
Plano, TX
Member since Oct 2010
23 posts
Posted on 11/28/12 at 2:04 pm to
As an employer, if you are good at what you do, you have an exit clause in the contract with the person you are hiring. As a valued employee, if you are good at what you do, you have an exit clause in the contract with the company hiring you or extending your contract. In both cases, you have met your obligation to the one you are contracting with if they leave or are terminated. It doesn't matter how many years you signed the contract for, it matters whether or not you have met the obligation of the contract. It's obvious no one knows what his contract says. As is said, "it's not personal, it's business." After all, his REAL obligation is to his family, not thousands of whiners who are crying that he's only 75-18 since he's been here. Didn't he have one of the top graduating classes in the SEC too or did I dream that?
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