Indemnity bond by employer

Many companies precedence bonds for employees due to their company policies or other securities. Now you should read that bond carefully and see if that keeps your rights unfretted most of when you may need to resign in case you get better offer, if the terms and conditions therein are fine you may sign or else ask for amendments.

Employers usually asks indemnity bond for their security. The Indemnity bonds promise financial compensation in case there is any breach of contract due to any illegal activities. The primary purpose of drawing an Indemnity bond is to safeguard either of the parties from the promised loss.