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Potential employer extended an offer and I signed the initial offer letter in Jan 2013 for a 3 year term. At the time, employer did not provide me with their signed copy of the offer letter. Between Jan - April 2013, we revised and negotiated terms like benefits, bonus, etc. In April the employer provided me with the final offer letter, signed by both of us, with a start date of Aug 2013. In May, I informed them I will not be able to join due to personal reasons. Employer was not pleased but did not say much more. In Nov 2013, employer decided to sue for lost profits and research revenue for entire during of contract (3 yrs). They were able to hire another employee for the job in 3 months.