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Training Bond Agreement
1. Parties: Identification of the employer and employee entering into the training bond agreement
2. Background: Context of the agreement, including the purpose of the training and the mutual benefits expected
3. Definitions: Key terms used throughout the agreement, including 'Training Period', 'Bond Period', 'Training Costs', etc.
4. Training Commitment: Details of the training to be provided, including nature, duration, and qualification to be obtained
5. Financial Provisions: Breakdown of training costs, payment arrangements, and employer's investment
6. Bond Period: Duration of the bond period following completion of training and conditions of continued employment
7. Repayment Obligations: Circumstances triggering repayment and calculation method for repayment amounts
8. Employee Obligations: Employee's commitments regarding attendance, performance, and post-training service
9. Termination: Circumstances under which the agreement can be terminated by either party and consequences
10. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes
1. International Training Provisions: Required when training takes place outside Denmark, addressing travel, accommodation, and specific obligations
2. Professional Certification Requirements: Needed when training leads to specific professional certifications with additional requirements
3. Intellectual Property Rights: Required when training involves creation of IP or access to proprietary information
4. Non-Competition Clause: Optional section for cases where specialized training gives access to sensitive competitive information
5. Training Extension Provisions: Required when there's possibility of extending the training period
6. Group Company Provisions: Needed when agreement should cover employment with affiliated companies
1. Schedule 1 - Training Program Details: Detailed outline of the training program, including curriculum, timeline, and milestones
2. Schedule 2 - Cost Breakdown: Itemized list of training costs and expenses covered by the employer
3. Schedule 3 - Repayment Schedule: Sliding scale or formula for calculating repayment amounts based on timing of departure
4. Schedule 4 - Required Certifications: List of certifications or qualifications to be obtained through the training
5. Appendix A - Training Provider Information: Details of external training providers and their terms and conditions
6. Appendix B - Employee Acknowledgment Form: Form for employee to acknowledge understanding of obligations and terms
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