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Bond Given To An Employer For Faithful Discharge Of Duties By The Employee - Legal Draft

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Category : Agreements Bonds

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/-..


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