Employee Retention Bonus Agreement Template for Switzerland

1. Performance Conditions: Additional performance criteria that must be met to receive the bonus, used when bonus is not purely retention-based

2. Clawback Provisions: Terms for recovering paid bonus amounts in specific circumstances, used in higher-value agreements

3. Non-Competition: Additional non-compete obligations tied to the bonus, used when protecting business interests is crucial

4. Pro-Rata Provisions: Calculations for partial bonus payments in certain circumstances, used when allowing partial retention bonus payments

5. Change of Control: Impact of company ownership changes on the bonus agreement, used in companies where M&A activity is possible

6. Dispute Resolution: Specific procedures for resolving disputes, used when wanting to specify mediation or arbitration processes

1. Schedule 1: Payment Schedule: Detailed breakdown of payment dates and amounts if paid in installments

2. Schedule 2: Performance Metrics: Specific performance criteria if bonus includes performance-based elements

3. Schedule 3: Calculation Methodology: Formula or methodology for calculating pro-rata payments or adjustments

4. Appendix A: Company Policies: Reference to relevant company policies affecting the bonus agreement

5. Appendix B: Tax Treatment Summary: Overview of tax implications and treatment of the bonus payment