Is a contract valid without consideration?

Asked 8 months ago - Salt Lake City, UT

A few months after starting a new job my employer required me to sign an agreement that I would forfeit my accrued PTO (paid time off) if I did not give 30 days' notice when resigning. I received nothing in exchange for my signature and the company policy for non-managerial employees is to pay out PTO on two-weeks' notice.

If I resigned on two weeks' notice, would my employer have a legal right to my PTO?

Attorney answers (2)

  1. Pearlette Vivian Toussant


    Contributor Level 16

    Answered . I suggest a local attorney consultation, bringing with you all the relevant documents--employee policy manuals and all employment agreements. It is most difficult to give a definitive answer without reviewing all pertinent documents and circumstances. Generally speaking, contracts do require some consideration. Good luck.

    Answer given for general advice and is not a legal opinion, which would require an analysis of the facts and... more
  2. Matthew James O'Laughlin

    Contributor Level 7

    Answered . Generally speaking, contracts require some consideration. There may be instances where you can have a quasi-contract action called promissory estoppel if you rely on a promise to your detriment. With respect to whether the provisions of an employment agreement are binding on employers that will often depend on state law. For example, in Missouri they are not binding, but are in Nebraska.

Avvo instant logo@2x

Need an answer to your questions within 15 minutes?

  • 30-minute phone call
  • Ask any questions
  • $99 flat fee
  • Money-back guarantee
Talk to an attorney now

Can't find what you're looking for?

Ask span5@2x

Ask a question on our public forum.

Ask a lawyer
Instant span6@2x

Have an attorney contact you privately.

Right now.

Icon lock@2x
Secure conversation. Your details remain between you and your attorney.
Icon clock@2x
Get an answer guaranteed. Be assured that a lawyer will contact you to help with your legal issue.
Start your session now