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1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Context of the agreement, including the employee's current position and the company's desire to retain their services
3. Definitions: Key terms used throughout the agreement, including 'Retention Period', 'Retention Bonus', 'Trigger Date', etc.
4. Retention Period: Specification of the time period during which the employee must remain employed to receive the bonus
5. Retention Bonus Amount: Details of the bonus amount and any applicable calculations or adjustments
6. Payment Terms: Timing and method of bonus payment, including any installment arrangements
7. Conditions for Payment: Requirements that must be met for the bonus to be paid, including performance standards if applicable
8. Termination Provisions: Consequences of employment termination before the end of the retention period
9. Tax and Social Security: Clarification of tax treatment and social security implications of the bonus payment
10. Confidentiality: Requirements regarding maintaining confidentiality of the agreement terms
11. Governing Law: Specification of Swiss law as governing law and jurisdiction for disputes
12. Entire Agreement: Standard clause confirming this document represents the complete agreement regarding the retention bonus
1. Clawback Provisions: Terms for recovering the bonus if certain conditions are breached, used when the company wants additional security
2. Performance Criteria: Specific performance targets that must be met in addition to retention, used when the bonus is partially performance-based
3. Non-Competition: Restrictions on working for competitors after receiving the bonus, used when protecting company interests is crucial
4. Dispute Resolution: Specific procedures for handling disputes, used when parties want to specify mediation or arbitration processes
5. Currency Protection: Provisions for handling currency fluctuations, used when employee is based in or paid in non-Swiss currency
6. Pro-Rata Calculations: Methods for calculating partial bonus payments, used when allowing for partial vesting of the bonus
1. Schedule 1 - Bonus Calculation: Detailed formula or methodology for calculating the retention bonus amount
2. Schedule 2 - Payment Schedule: If paid in installments, detailed timeline of payment dates and amounts
3. Schedule 3 - Performance Metrics: If applicable, detailed description of any performance criteria affecting the bonus
4. Appendix A - Tax Treatment Summary: Summary of tax implications and treatment of the bonus payment
5. Appendix B - Defined Terms: Extended definitions of technical terms used in the agreement
Financial Services
Technology
Manufacturing
Professional Services
Healthcare
Pharmaceuticals
Telecommunications
Energy
Construction
Real Estate
Insurance
Consulting
Mining
Retail
Transportation
Education
Human Resources
Legal
Finance
Executive Leadership
Operations
Information Technology
Research & Development
Sales
Engineering
Product Development
Customer Service
Project Management Office
Manufacturing
Quality Assurance
Business Development
Chief Executive Officer
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer
Managing Director
Senior Manager
Project Manager
Technical Lead
Senior Developer
Key Account Manager
Research Director
Senior Scientist
Department Head
Principal Consultant
Senior Engineer
Product Manager
Sales Director
Operations Manager
Financial Controller
Legal Counsel
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