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.
Wordy written agreements may be necessary at times, but simple letter agreements and building trust is my preference.
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