There is no particular format for bond letters. Companies prepare them according to their own needs and requirements. Just follow the normal appointment clauses with the exception of the notice period clause and replace it with the clauses which states that the person will be working from such period to such period and in case of variation from the same he or she will be liable to pay so and so amount to the company as compensation. Keep in mind that the basic objective of the bond letter is to bind the employee with the company for a particular period of time. Try preparing one yourself and get back. I will help you to rectify it if required.
From India, New Delhi
jay22877Dear Sweta, I am sending Employee Bond formatt being used by me for my organization, But you can customise this to your requirement, ask me if u have any doubts, Regards,
From India, Ahmadabad
I'm Nazriq from Malaysia. Can anyone show me how to write/draft employee bond?? I have two workers that will transfer to Dubai for 2 years. Im still fresh about this matters, thus I would like to know how to write the bond. Thank you!
From Malaysia, Kuala Lumpur
I am too facing an issue wherein from my parent company ,an employee needs to be sent on deputation to the subsidiary .What would be the execution of the agreemnt and how will the retirement/statutory benefits be applicable to thedeputee as he would be continuing his service wioht the next employer.
From Singapore, Singapore
This is the requirement that my company need:
1. Employees have to stay at Dubai for 2 years.
2. Salary/ Remuneration/ Allowances
3. Insurance coverage
4. Work schedule/ working hours
5. Leave/ Benefit entitlement
6. Termination during secondment/ Resignation Notice period
7. Confidentiality/ secrecy
From Malaysia, Kuala Lumpur
amitranjanDear Sweta, Please find the attachment of Employee bond, hope it will serve your purpose. Regards, Ameet
From India, Chandigarh
R79Hi, for a bonded employee who signs the agreement with the bond term of 1 year, usually the employee pays to the company if he/she leaves within 1 year. What if the company asks him/her to leave, will the company pay him/her ? Any experience? Thanks.
From United Arab Emirates, Dubai
firstname.lastname@example.orgHi sir, this is Narendra, recently i appointed as 'Legal consultant' in a 'Social Media Company' and my work is to see all legal issues. Based on IPR subject (infact im new to this subject) i has to prepare agreements with Political and Cine Celebrities,films,film actors etc etc to promote their images,videos, Cinemas etc through 'youtube' G+ etc etc for that i need your help i.e latest formats of that 'Service Provider agreements',.'Assignment Agreements',. 'Audio Agreements', and other agreements which related to IPR subject, I hope ill get help from you,.
From India, Hyderabad
SMITA T RANEHi, I am working in a company which is into a hospitality industry having there own resorts. I would like to have a format of employee bond related to hotel and resorts.
From India, Mumbai
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