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Employment Agreements

Bonus Agreement

November 23, 2011 by agri in Employment Agreements with 0 Comments
The bonus agreement is a binding contract made between two parties, one of whom is known as the “Company”, while the other is the “Employee”. The bonus agreement takes into consideration eligibility of employees, compensation plans, other bonus plans, etc.

You can Download the Free Bonus Agreement customize it according to your needs and Print. Bonus Agreement is either in MS Word, Excel or in PDF.

Sample Bonus Agreement

Bonus Agreement

Download this USA Attorney made Original Agreement for only $9.99

By clicking the button below, I agree with the Terms & Conditions.


















This agreement is made between the Company and Employee on the effective date of 21st November, 2011.

Company represented by

Ms. Judy Dench

Alta Media Inc.

Address: 425 West 53rd Street #506, New York NY 10019

Contact number: (212) 586-4979

Employee represented by:

Mr. Jacob Smith

Address: 230 Riverside Drive #2N, New York NY 10025

Contact number: (212) 757-9940

Terms and Conditions:

  • The said employee “Ms. Dench” is currently employed by “Alta Media” in the position of Senior Manager – International Operations.
  • The main aim of this Bonus Agreement is to provide said Employee with sufficient bonus, incentives, and other encouragements so that she can remain with “Alta Media”.
  • According to the terms and conditions mentioned in Section 3a of this Bonus Agreement, no officer, director, or shareholder of “Alta Media” will be personally liable for the payout of bonus to the said Employee.
  • If there is an “Acquisition Transaction” in “Alta Media” in the near future and if the said Employee is employed with the Company at that point in time then she will receive a retention bonus from “Alta Media” equaling to six (6) months of the then salary of the Employee minus standard payroll deductions.
  • This Bonus Agreement will supersede any bonus agreements made in the past where severance and bonus payment is concerned related to the termination of the said Employee’s employment with “Alta Media”.

IN WITNESS WHEREOF, the parties “Company” and “Employee” have executed this Bonus Agreement as on the date set forth which is 11/21/2011 (MM/DD/YY).

SIGNED FOR AND ON BEHALF OF COMPANY BY:

…………………………………………………………….

Name:

SIGNED FOR AND ON BEHALF OF EMPLOYEE BY:

…………………………………………………………….

Name:

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