It stated that the training is for 1 week and that the Retention Period is 2 years with the amount to be returned as follows:
100% cost = during training (March 2016)
75% cost = within 12 months from the last day of training (March 2016-March 2017)
50% cost = within 18 months from the last day of training (March 2016-September 2017)
None = after the lapse of Retention Period (March 2016-March 2018)
No other penalties indicated for premature termination of contract. It's weird that it was not specified how much I should pay for "within 24 months before the lapse of the Retention Period."
Questions:
1. What financial liability do I have on the 19th up to the 24th months?
2. If I resign this October, can the company still legally hold me due to the "Retention Period" of 2 years?
3. If the answer to #2 is Yes, is there a way to legally get away from the last 6 months of the Retention Period?
Thanks in advance!