Employee Bond Agreement Template for Malaysia

1. Confidentiality: Required when the training involves access to confidential information or trade secrets

2. Non-Competition: Optional clause restricting employment with competitors, must be reasonable in scope and duration

3. Performance Requirements: Include when specific performance standards during/after training need to be met

4. Guarantor Provisions: Required when a third-party guarantor is needed to secure the bond

5. Early Release Provisions: Optional terms defining circumstances where early release from bond may be granted

6. Partial Waiver Conditions: Optional section specifying conditions under which part of the bond amount may be waived

7. Transfer Provisions: Required when internal transfers between group companies need to be addressed

1. Training Details: Detailed description of training program, modules, duration, and qualifications to be obtained

2. Cost Breakdown: Itemized breakdown of training costs and investment made by employer

3. Bond Amount Calculation: Formula and examples for calculating remaining bond amount at different points in time

4. Required Certifications: List of certifications or qualifications to be obtained during training

5. Guarantor Details: If applicable, details and obligations of the guarantor

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