EMPLOYEE REFERRAL AGREEMENT
This Agreement is made on [Date] between [Employer Name], having its office at [Address] ("Employer"), and [Employee Name], the referring employee residing at [Address] ("Referrer").
- Referral. The Referrer has referred [Candidate Name] for the position of [Designation], and this Agreement governs the referral with effect from [Effective Date].
- Eligibility. The Referrer shall be eligible for a referral bonus only if the referred candidate is hired and joins the Employer.
- Referral Bonus. The Employer shall pay a referral bonus of Rs. [Amount], subject to applicable TDS, on fulfilment of the conditions herein.
- Retention Condition. The bonus shall be payable only after the referred candidate completes [Number] months of continuous service.
- Referrer in Service. The Referrer must be an active employee of the Employer on the date the bonus becomes payable.
- Exclusions. Referrals of candidates already in the Employer's pipeline, or by employees of the HR/hiring team, shall not be eligible.
- Confidentiality. The Referrer shall keep candidate and hiring information confidential.
- Employer Discretion. All hiring decisions remain at the sole discretion of the Employer, and referral does not guarantee employment.
- Governing Law & Jurisdiction. This Agreement is governed by Indian law and subject to the jurisdiction of the courts at [City].
- Dispute Resolution. Disputes shall be resolved amicably, failing which by arbitration seated at [City].
IN WITNESS WHEREOF, the parties have signed this Agreement on the date first written above.
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For [Employer Name]
For [Employer Name]
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[Employee Name]
[Employee Name]
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Witness 1
Witness 1
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Witness 2
Witness 2