Training cost reimbursement agreement – DIFC

Document Summary

This agreement is executed between a company and an employee to record the latter’s commitment to return a percentage of the training fees that the company had paid on behalf of the employee in case he/she resigns.

The percentage is generally deducted from the employee’s entitlements and should be proportionate to the period that the employee spent in the company.

This agreement is used by companies registered in the DIFC.

Description

In addition to the employee’s termination of the employment contract, this agreement grants the company the right to deduct a percentage of the employee’s entitlements if it terminates the employment under article 63 of DIFC Employment Law No. 2 of 2019 (as amended).

Furthermore, the agreement releases the employee from the obligation to reimburse the company if he/she terminates the employment relationship pursuant to the same article.

This agreement contains the following sections:

1. Preamble
2. Course
3. Course Fees
4. Reimbursement of Course Fees
5. Termination for Cause
6. Release of Claims
7. Acknowledgement
8. Confidentiality
9. Term
10. No Waiver
11. Variation
12. Severability
13. Counterparts
14. Language
15. Governing Law and Jurisdiction

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.

Jurisdiction

This document is intended for use in the DIFC.

Before Execution

• The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
• Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
• Please remove the square brackets and all highlighting prior to signature.