Bonding Agreement - Relocation Costs Template - Shop The Chamber

Bonding Agreement - Relocation Costs Template

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This comprehensive agreement template sets out the obligations and rights of parties agreeing to a relocation bond. This can be a very useful tool for protecting an employer’s investment into employees’ relocation (e.g. flights, accommodation, etc.), in that it enables an employer to recover monies associated with an employer-funded relocation of an employee if the employee leaves the employment within a set period of time. Think of it as an insurance policy.