Bonus Agreement Template for Switzerland

1. Clawback Provisions: Optional section for circumstances where bonus payments may need to be returned, typically used for senior executives or regulated functions

2. Non-Competition Impact: Reference to how bonus payments interact with any existing non-compete obligations, relevant if there's a separate non-compete agreement

3. Group Company Provisions: Required if the bonus is linked to group company performance or if employment may transfer within a group

4. Regulatory Compliance: Necessary for regulated industries or if the employee is subject to specific regulatory requirements

5. Bonus Deferral: Details of any deferred portion of the bonus, typically used for senior management or financial institutions

6. Pro-rata Calculations: Detailed provisions for calculating partial year bonuses, relevant for agreements where employment may start/end mid-year

1. Schedule 1 - Performance Metrics: Detailed breakdown of specific performance criteria, targets, and measurement methodologies

2. Schedule 2 - Calculation Examples: Illustrative examples of bonus calculations under different scenarios

3. Schedule 3 - Payment Timeline: Detailed timeline of assessment periods, decision points, and payment dates

4. Appendix A - Bonus Plan Rules: Comprehensive rules governing the bonus scheme, including all technical details

5. Appendix B - Related Policies: Reference to relevant company policies affecting bonus payments (e.g., malus policy, code of conduct)