Bond Before Sending For Any Training Program

are these bond for sponsorship of training are legal ? what are the consequences other then the repayment if employee breaks them ?

AND
Shri………………………………. S/o Shri……………………………. Resident of …………………………………………………………………………………………………………………………………… ……..
Hereinafter referred to as “ The Surety” ( which expression unless repugnant to the context or meaning thereof, means and include its successors and assigns of the THIRD PARTY).
"Can my Wife be a Surety".