Hello,
I need a legal clarification on the Joining Bonus clause of my employer. As per my offer letter, I need to repay the joining bonus if I leave the org before 18 months, exact clause below:
"You agree that you will repay this bonus in full if you leave voluntarily, or if you are terminated with cause, before 18 Months of your employment."
Now I have submit my resignation, my last working day after serving two months notice period falls on specific date which results my employment tenure to 18 months and 2 days. Are they legally allowed to recover the bonus? My assumption is that notice period should not matter in calculation of the 18 Months clause and since my employment tenure will become 18 Months and 2 Days, I'm legally not required to repay the bonus. Please clarify if my assumption correct.