retention bonus agreement

What Is a Retention Agreement? A Retention Agreement or an employee retention agreement is an agreement by which employers agree to retain their employees, typically in the course of transfer of business. When a business undergoes a restructuring of its assets are being transferred, it wants to protect its key employees and personnel. Sometimes, employees […]

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A Bonus Agreement helps a company to keep its top talents while the company is being merged with some more prominent company. The first company gets the legal rights to keep the talents in their favour, even in an odd situation like merge-up and takeovers. A Bonus Agreement assures the first company and gives them […]

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