In 2009, my boss wrote me a letter stating that if I stayed employed with him until the company closes/folds, he would pay me up to 6 months of pay. His wife was recently appointed as the President now because his health is declining. Is this letter still in effect?
1 Answer from Attorneys
I would need to see the letter to provide an opinion.
If it was on behalf of the company, it would bind the company if specific enough
in its obligations.
If personal, it may still be an enforceable promise.
Is he fully cognitive?