SAMPLE LETTER TRAINING BOND AGREEMENT [Date] [Name] [Address] Dear [Mr./Ms. Name]: We are pleased to offer you the opportunity to participate in the following training programme. Name of course Conducted by Course Venue Duration : : : : This programme is designed to train engineers on the operations and maintenance of the [computer/software/machinery] and will enhance your technical knowledge and capability, as well as being applicable to the nature of your work and career. In consideration of the abovementioned training, you will undertake and agree to continue to work with [Company Name] or any member of its group of companies (hereinafter collectively called “the Company”) for two (2) years commencing from the date of completion of the training programme. (hereinafter referred to as “employment bond”) In the event that you: a) fail to attend the training where replacement confirmation is made for whatever reasons, other than medical or compassionate ground; b) fail to complete the full duration of the assigned training for whatever reasons, other than medical or compassionate ground; c) leave or resign from the Company on your own accord before the completion of the employment bond period; d) are dismissed from the Company before the completion of the employment bond period; or e) you refuse or by your own conduct render yourself unsuitable to serve or continue to serve the Company until completion of the employment bond period; You agree to reimburse to the Company the sum of [amount in words and numeric value] being the cost spent by the Company for your training as follows: a) Within the 1st year of completion training programme = full amount b) After the 1st year of completion of the training programme = proportionate to the remaining period of the employment bond If you accept the above offer of the training programme upon the terms as specified above, please indicate your acceptance by signing the duplicate of this letter. Sincerely, Conforme: _______________________________ [Name of HR] [Position] _______________________________ [Name of Employee] Date: __________________________