What can I do about a Relocation Agreement that I signed with my current employer to move to another state?
Question Details: I am a government contractor and last year I signed a Relocation Agreement with my current company to move out of state. At the time I was a new employee. The Agreement stipulates that if I leave or am terminated for cause within 12 months of receipt of the Relocation Reimbursement ($20K all said and done) that I will reimburse my company in the full amount. Now, my company recently lost the contract under which I was working. I have asked them to lay me off as my Relocation Agreement states that I understand if I am laid-off that I will have no obligation for repayment. Adding on to this, the winning contractor has offered me my same position and I am unable to jump unless my company lays me off.