Sullivan signs an employment agreement with Keller Construction. Two days after signing, Sullivan receives a job offer from Big Sky Construction for considerably more money. He explains the situation and asks to be released from the Keller contract. Keller agrees orally, provided Sullivan will help them find a replacement. Is this release valid?

Yes,

Explanation:

Yes, in this scenario a verbal release would be valid and enforceable. In any scenario where a verbal agreement is made that includes exchanging two things of value automatically becomes valid and enforceable. In this case, Keller Construction is giving up the contract with Sullivan which is valuable to them in exchange for Sullivan's service in finding another suitable candidate that can provide similar value to the company. Therefore making it a proper exchange of value.

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