Q: Can my employer change my contract without consideration?
I live in North Carolina and my employer is based in Nevada. Part of my employment agreement includes a bonus and annual raise, but they have decided they will not fulfill these agreements and are demanding that I sign a new contract that does not include these terms and does not include additional consideration. I am being told if I do not sign, I will be terminated. Is this lawful, and what are my rights in this situation?
A: This is impossible for any lawyer to answer accurately without reviewing the complete terms and conditions of your employment agreement. This may also be governed by Nevada law, not North Carolina. You should take the entire agreement to an employment law attorney for review. In general terms, if the agreement says they are allowed to change the terms at any time, yes they can do this. If the agreement says it is for a specified time frame (for example until December 31, 2022) and they want you to sign a new contract with different terms starting after the current agreement expires, they can do that.
Lawrence Glasner agrees with this answer
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