Bond Agreement Between Employee And Employer Template for Indonesia

1. International Training Provisions: Additional terms for overseas training, including visa requirements and international travel arrangements

2. Intellectual Property Rights: Terms regarding IP created during training or employment, particularly relevant for technical or creative roles

3. Non-Competition Clause: Restrictions on working with competitors after bond period, if applicable under Indonesian law

4. Confidentiality Obligations: Specific terms regarding confidential information acquired during training and employment

5. Performance Metrics: Specific performance standards and evaluation criteria, if tied to bond conditions

6. Guarantor Provisions: Terms involving a guarantor who will be liable if the employee defaults on repayment obligations

1. Schedule 1: Training Program Details: Detailed outline of the training program, including curriculum, duration, and milestones

2. Schedule 2: Bond Amount Calculation: Formula and breakdown of the bond amount, including training costs and other investments

3. Schedule 3: Repayment Schedule: Detailed calculation method for repayment amounts based on time served

4. Schedule 4: Employee Benefits: Details of salary, allowances, and benefits during the bond period

5. Appendix A: Required Documents: List of documents required from employee, such as educational certificates and identification

6. Appendix B: Company Policies: Relevant company policies that form part of the bond agreement