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Mou between employer and employeeDear all i need a memorandum of understanding mou or contract or agreement format between web designer and employer. please help its very very urgent. regards Sample memorandum of understanding as placement partnerHi need a sample mou between a placement agency and a training institution. placement agency will help the training institute to secure placement for the trained candidates from their institute. any help would be greatly appreciated. Is deduction of "security deposit" legalI am working as a "professional" e.g. no standard deductions such as pf pt esic etc. except a flat deduction of 10 tds. i have signed a memorandum of understanding with the company which is on a plain white paper signed by both me and the company that i will serve the company for 3 years with a notice period of 3 months. certain amount is deducted per month under the head of "security deposit" the clause reads as follows: 3. security deposit: 3.1. the trust has an amount of rs rupees xxxx only from the professionals previous agreement as a security deposit. additional security deposit of rs. xxx/ rupees xxx only will be recovered at the rate of rs. xxx/ rupees xxx only per month. 3.2. the security deposit will be refunded to the professional if the professional does not violate any of the following terms: 3.2.1. completion of stipulated mou period. 3.2.2. stipulated notice period at the time of resigning on completion of mou period or even during extended period after completion of stipulated mou period. my question is that is the "security deposit" leagal?? e. g. if i do not complete 3 years but give 3 months notice can the company withhold my amount?? and if i go to court will my case stand?? Mou format for internationally recruited candidateHi hr s if anyone can help me with an mou of internationally recruited candidate and recruitment consulting agency please share it. it must have confidentiality no backing out penalty etc. priya bhargava