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Plus, what happens when the management chain that suggested this no longer works in that position - will the new management chain live up to the deal?

that's what would scare me:

NewBoss: I see you put OT on your time card.
I didnt ask you to work OT

horse: I know had this deal with OldBoss

NB: not any more. in fact, I may have to ask you
to return that extra pay
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