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Employment Agreements

Bonus Program Agreement

November 23, 2011 by agri in Employment Agreements with 0 Comments
The bonus program agreement is a binding contract made between two parties, one of whom is the “Company” providing the bonus, while the other is the eligible “Employee” receiving the bonus from the company. The terms and conditions of a bonus program agreement are mostly generic in nature although certain bonus related terms will vary depending on the company offering this program.

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

Sample Bonus Program Agreement

Bonus Program 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 Company and Employee on the effective date of 15th November, 2011.

Company represented by

Ms. Susan Ward

Encosoft Media

Address: 50 Biscayne Boulevard, Miami FL 33132

Contact number: (305) 415-9588

Employee represented by:

Ms. Gabriele Mendez

Address: 720 Northeast 62nd Street #304, Miami FL 33138

Contact number: (305) 704-0027

Terms and Conditions:

  • The said Employee “Ms. Mendez” should be an active employee (this includes approved leave of absence) of “Encosoft Media” or the subsidiary (“Enchilda Media”) on November 15, 2012 also known as the “First Retention Date”, to receive a retention bonus, to the amount of $120,000 known herewith as the “First Retention Bonus”.
  • In addition to the retention bonus, “Ms. Mendez” is qualified for the “First Incentive Bonus” if she remains an active employee (this includes approved leave of absence) of “Encosoft Media” on December 31, 2012 known here with as the “First Incentive Date”. She will be eligible for a maximum incentive bonus amount of $210,000 known herewith as the “First Incentive Bonus”.
  • The Retention and Incentive bonus will be paid:
  • in once a year in a lump sum,
  • every month as a part of payroll
  • based on the normal payroll practice of “Encosoft Media”,
  • subject to miscellaneous deductions and tax withholding

IN WITNESS WHEREOF, the parties “Company” and “Employee” have executed this Bonus Program Agreement as on the date set forth which is 11/15/2011 (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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