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neeta-magar
Hi Sir/ Madam, I Need an Employment Agreement Bond for one Year. Employees cannot switch their Jobs between the Periods of Training.
From India, Mumbai
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Raghunath_bv
General Manager-hr & Admin

raghunath_bv
149

Hi Neeta,

[Your Company Letterhead]

EMPLOYMENT AGREEMENT BOND

This Employment Agreement Bond ("Agreement") is entered into on [Date], by and between [Your Company Name], a corporation ("Company"), and [Employee's Full Name], an individual ("Employee").

1. Position and Training:
1.1 The Company agrees to employ the Employee in the position of [Job Title]. During the course of employment, the Company may provide training to the Employee as deemed necessary for the performance of their duties.

2. Training Period:
2.1 The training period shall commence on [Start Date] and shall continue for a period of [Number of Months/Years] ("Training Period").

3. Agreement to Stay:
3.1 In consideration of the training provided by the Company, the Employee agrees to remain in the employment of the Company for a minimum period of [Number of Years] ("Employment Period") following the completion of the Training Period.

4. Early Termination:
4.1 If the Employee terminates their employment with the Company before the completion of the Employment Period, the Employee agrees to pay the Company a sum of [Amount] as liquidated damages for the costs incurred by the Company for the training provided.

5. Repayment Schedule:
5.1 In the event of early termination, the Employee agrees to repay the liquidated damages in [Number of Installments] equal monthly installments, starting [Number of Days/Weeks/Months] after the date of termination.

6. Exceptions:
6.1 The Company may waive the repayment obligation in the event of termination due to circumstances beyond the Employee's control, such as disability or other valid reasons, as determined by the Company.

7. Governing Law:
7.1 This Agreement shall be governed by and construed in accordance with the laws of [Your Jurisdiction].

IN WITNESS WHEREOF, the parties have executed this Employment Agreement Bond as of the date first above written.

[Your Company Name]
[Authorized Signatory Name and Title]

[Employee's Full Name]
[Employee's Signature]

[Date]

Thanks,

From India, Bangalore
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