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HR

Employee Referral Bonus Agreement

A short agreement describing the bonus an employee earns for referring a candidate who is hired and stays for a minimum period.

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Free general-purpose template, not legal advice. Fill in the placeholders and consider having a lawyer review it before you rely on it.

1. Parties

This Employee Referral Bonus Agreement ("Agreement") is entered into as of [Effective Date] between [Company Name] ("Company") and [Employee Name] ("Employee").

2. Referral

Employee has referred [Candidate Name] for the position of [Job Title].

3. Bonus Eligibility

Employee is eligible for a referral bonus of [Amount] if the referred candidate is hired by Company and remains employed for at least [Number] days/months from their start date.

4. Payment

The bonus will be paid, less applicable withholdings, within [Number] days after the eligibility period in Section 3 is met, via Employee’s regular payroll.

5. Exclusions

No bonus is owed if the referred candidate was already known to Company, applied independently before the referral, or if Employee is involved in the hiring decision for that role.

6. Signature

Employee Signature: _______________________ Date: _______________

Company Representative Signature: _______________________ Date: _______________

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