It was fixed to expire in 2016 but the company can terminate early if business dictates at which point all allowances in the host country can cease. I worked in th UK for the company and this was an international posting for a limited period with an expiry date in 2016 at which point it would extend or I would return to the UK. It states the company can terminate early and relocate me back to the UK and allowances would cease with notice given and relocation must take place within 90 days of termination. It is not clear however if back in the UK the company will honor the three year contract ex allowances ie the basic salary if they cannot find me a position in the UK or they can offer a less attractive severence
Ok thank you for your comments. I believe there are a number of factors at play here that instigated my decision to accept the posting. If the contract is not binding to the term in the event of the basic salary compensation then I'm afraid I will need to seek official legal advice if as I suspect there won't be role back in the UK on termination and the company will offer an inferior severence package. Hopefully I'm wrong and I won't need to do this. I was verbally assured this was a long term post although the company only issue three years as a maximum but verbally I assume is not helpful.
Many thanks this is very early days and I may be concerned without cause until I know any details which could be some time. Appreciate your input.