Project Bonus Agreement

• Suitable for a situation where a company is engaged in an important project and wants to incentivise an employee in respect of the project’s outcome.
• If the project is successful, the employee will receive the bonus.
• If the employee’s employment is terminated before the completion of the project, the employee will not receive the bonus.
• Main sections include Background purpose, Bonus payment, Termination of employment, Confidentiality, and Miscellaneous items.

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