Bonds

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demiozen

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Hello there!
I have signed a contract whose clause on section 6 describes the payment of a bond related to a training that is required to exercise my job.
Note that the contract is for working as a pilot for a company based in Bermuda. The pilots however will be based in Europe.
Please have a read below, and let me know if this is legal.
My kindest regards,
Cheers.

A.D.


"Section 6 – Training

6.1. At Company's expense, Pilot shall undergo initial and recurrent training related to the Aircrafts at Flight Safety International or such other training facility or training personnel ("Training') as may be acceptable to the Company. If Pilot voluntarily resigns, or Company terminates this Agreement for cause as set forth in section 9.1 (a), or Company terminates this Agreement pursuant to Section 9.1 (c), Pilot shall promptly reimburse Company for the cost of all Training received by Pilot at Company's expense during the prior twelve (12) months period, reduced in pro-ration to the number of months that have expired since completion of said Training. If Pilot fails to reimburse Company, Pilot authorizes Company to notify any subsequent Pilot employer of Pilot's obligation and to proceed against pilot and/or subsequent employer(s) for such reimbursement. In addition, the Pilot hereby authorizes the Company to set-off any amounts that Pilot is obligated to reimburse hereunder against any amounts payable by the Company to Pilot hereunder."
 
Demiozen - without seeing the entire contract it would be unwise for anyone in this forum to give you any advice. Consult with an attorney so s/he can go through the entire document to translate into plain English what the clause really will mean to you when it comes to refunding money that your employer will invest in you. Hope this helps!
 
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