Dear Sirs,
I have recently attended an interview and the prospective employer has sent me the appointment letter stating that the appointment is for a fixed period of 3 years.
It further states that during the 3 years I cannot leave the services of the company but if the company so desires they can terminate my services by giving 3 months notice.
I have highlighted this anomaly to them and stated that legally the terms need to be equal to both parties and that if I cannot leave the services of the company for 3 years then the company should not terminate me for the same period. Conversely if the company can terminate my services with a notice period of 3 months then I should also have the same right.
The company has refused to change the terms.
Query - is such a one sided contract legal and binding?