I would like to know if there is a defense regarding my case.
Last year November a team went to abroad and had (proof of concept) POC for a certain equipment. And before going I was advice by my superiors that there would be no contract as it is a proof of concept. However January this year a colleague that was with me resigned.
The company made a background of all projects and the POC done on abroad which he is a part, and suddenly was issued a binding contract for 3 years and a cost in which I'm not aware.
My binding contract was made on February this year, and upon reading the contract I refused to signed as on the first place it was not presented or advice us that there is no binding contract before going out of the Phil.
Stated in the contract was the binding for 3 years, cost of the training ( in which no Figure was given )
A month later I was sent an memo to explain that why I was not signing and if not signed there would be penalties ( hold of salary ) in which I cannot risk as my wife is about to give birth the following month. My superior told me that not to reply and let him handle the issue.
Now I am planning to resign due to financial need, but I am hesitant because of the binding contract. Kindly advice. Is the contract valid?
Cause I feel like i was mugged and holdup in this scenario.
Hoping for your advice. Thanks