There are three things I would add to a "training contract" like the one this employer wishes to give you.
1. Contract is null and void if ownership of the company changes. ( This is to protect you against new owners that you cannot stand to work for.)
2. Contract null and void if salary is decreased by 1 dollar. (again this is to prevent them from getting you in to a contract and then telling you that they have to give you a pay cut and you have no option to leave for a better job).
3. Contract null and void if the type aircraft is sold.
If an employer will not honor this type of contract request then I wouldnt work for those people.
1. Contract is null and void if ownership of the company changes. ( This is to protect you against new owners that you cannot stand to work for.)
2. Contract null and void if salary is decreased by 1 dollar. (again this is to prevent them from getting you in to a contract and then telling you that they have to give you a pay cut and you have no option to leave for a better job).
3. Contract null and void if the type aircraft is sold.
If an employer will not honor this type of contract request then I wouldnt work for those people.