Employment bond with a training cost schedule

DEED OF BOND FOR MINIMUM SERVICE AND RECOVERY OF TRAINING COST

To be executed on non-judicial stamp paper or an e-stamp certificate of the value chargeable under the bond article of the Schedule to the Indian Stamp Act 1899 as in force in [State], in the name of the Employee.

THIS DEED OF BOND is made at [Place of executing the bond] on this [Day of the month of the bond] day of [Month of the bond], [Year of the bond].

By

1. [Mr / Ms Full name], son / daughter of [Employee's father's or mother's name], aged about [Employee's age (years)] years, residing at [full residential address], holding Permanent Account Number [Employee's PAN] and Aadhaar bearing the last four digits [digits], employed with the Company as [Employee's designation] bearing employee code [code], hereinafter referred to as the “Employee”;

And