Listen to the latest 60 second episode of Integrity Moments with Rick Boxx
Years ago, I negotiated an employment contract with my employer. It was designed to pay me a significant amount of money if the business was sold.
Later, the business was sold, but the buyer considered refusing to pay me. Although the intent of the contract was clear, the wordy legal agreement the attorneys had originally drafted left some ambiguity that an unethical person could use to their benefit.
Ultimately, I was paid, but only because my employer, who originally signed the contract, forced the buyer to honor the intent of the agreement.
Proverbs 10:19 warns, “When there are many words, transgression is unavoidable, but he who restrains his lips is wise.”
Wordy written agreements may be necessary at times, but simple letter agreements and building trust is my preference.
How Unconventional Is Your Business?
Take the Unconventional Business LEADING Assessment, a FREE 10-minute leadership assessment designed to help business leaders determine how they are integrating faith into their vocational calling.