Agreement cum appointment letter of xxxxxxxxx. Bond shows that employee would work with the organization for a particular period or may be terminated after particular tenure.
This agreement ensures that the employee once trained will in return work in the position they have agreed with the employer and the employer will provide all the requirements.
Employment bond agreement template. An employment agreement is a class of agreement utilized in the law of the labor in order to attribute responsibilities and right between the companies or parties to a good deal. 1yr employment bond agreement cum appointment letter. Sample employment bond agreement.
Agreement cum appointment letter of xxxxxxxxx this agreement is made on the 24th day of october between xxxxxxxxxxxxxxxxxxxxxxxx a company registered under the companies act 1956 and having its registered office at. This is an agreement between the employee and the organization for any reason. What is an employment bond agreement or a contract find free sample format template an employment bond is a contract which prevents employees from committing certain acts.
Termination a the employee may at any time terminate this agreement and his employment by giving not less than two weeks written notice to the employer. Below is the draft of agreement bond which employer can get signed by employee in case employer need to spend on employee training. There could be any reason for the bond and format is provided below.
You can customize the clause as per your requirement. Do download this free employment agreement template here. The employment bond is basically an agreement which the company and the employee enter into which among the other terms contained therein states that in consideration of the training given to the employee and the money spent by the company in imparting such training the employee will remain in the services of the company for a particular period.
This agreement is made on the 24th day of october between xxxxxxxxxxxxxxxxxxxxxxxx a company registered under the companies act 1956 and having its registered office at. Employee training bond contract is the agreement made between the trainer and the trainee the trainer being the employer and the apprentice being the employee. B the employer may terminate this agreement and the employees employment at any time without notice or payment in lieu of notice for sufficient cause.
I have attached sample 1yr employment bond agreement cum appointment letter. Terms and conditions of employment is a contract for use when an indian business hires a new employeeit can be used for a range of different employment types including full time part time and fixed term. X xxxxxxxxxxxxxxx xxxxxxxxr xxxxxxxxxxx xxix xxax.
It will help you making good agreement. The employment bond is an agreement which the company and employee enter into consisting of all terms and conditions of employment. This employment agreement ie.
Attaching the same in doc format.
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