Bond Given To An Employer For Faithful Discharge Of Duties By The Employee Legal Draft Template
| Category | Agreements Bonds |
| Format | |
| File name | Bond given to an Employer for Faithful Discharge of Duties by the Employee. |
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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.
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Let
It Be Known To All that we Mr.s/or/o ..(hereafter called the
employee) and Mr.s/o.r/o..(hereinafter called the surety) bind
ourselves to Messrs(hereinafter called the employer) in the amount of
Rspayable to the said employer or his heirs, representatives or assigns, for
which payment we bind ourselves and each of us, our and each or our heirs,
executors and administrators, jointly and severally, on thisday ofSd/-..(Employee)
in presence of ..(witnesses)Now
this Bond of security witnesses as following:1.
That the employer has agreed to employ the aforesaid employee as an.in the
aforesaid firm..in consideration of the aforesaid employee and the surety
executing this bond in the sum of Rupees..and subject to such other
condition as are prescribed hereunder and for the due discharge of his duties
as the day..by the employee.Now
this bond has been executed with the condition that if the said employee
discharge his duties faithfully for the benefit of the aforesaid employer then
the above written bond shall be void and ineffective otherwise it shall have
full force.Witnesses:1Sd/-..(Employee)2Sd/-..