Professional Documents
Culture Documents
Blank Service Bond
Blank Service Bond
I am fully aware that Maximus Infoware (India) Pvt. Ltd. need to spend time and
money towards training me before assigning any responsibility through different
training programs, either on the job or offsite, by engaging internal or outside
resources.
I am also aware that such costs would be recovered by the employer company
only through gainfully employing me for a minimum period of time, which shall be
deemed to be 18 months from the date of employment.
I therefore indemnify Maximus Infoware (India) Pvt. Ltd. and or their subsidiaries
or their assigns that:
I shall undertake to reimburse the employer company with the costs that they will
suffer in the event of my leaving the employment without completion of the
minimum period as laid down in the contract of employment entered into between
us in the following manner:
I further confirm that the said amount shall be payable by me prior to the last
deemed date of employment with the employer company after serving proper
notice period.
I also make known to whomsoever it may concern that the instant service bond
has been signed and executed by me in full knowledge and not under any threat
or coercion from the employer.
I also agree that the employer has the right to initiate any legal proceedings
against me for recovery including the legal costs, if any, incurred by them in case
of failure to pay the costs as mentioned above.
This service bond is executed by me in full knowledge with regard to its contents
and the consequences thereof on this the _______ day of year ________.
Signature: _____________________
Name: _____________________
Witnessed by:
Signature: _____________________ Signature: _____________________
Name: _____________________ Name: _____________________
Address: _____________________ Address: _____________________
_____________________ _____________________