[Consultation] Providing Signing Bonus Contract Documents

Article posted in 2022-05-04 17:33:52 | VEAT

Law firm Veat received a referral from A, a company operating an online shopping mall, to draft and provide a signing bonus agreement.

A requested that Law firm Veat draft the signing bonus agreement, incorporating other discussions with an employee regarding the payment of a signing bonus. In response, Law firm Veat drafted a signing bonus agreement, including the discussed items with the employee and reflecting the provisions for the return of signing bonuses in the event of breach of employment obligations.

The Supreme Court has previously ruled that the legal nature of a signing bonus must be comprehensively determined based on the contract and transaction practices involved (Supreme Court Ruling of June 11, 2015, Case No. 2012da55518).

Law firm Veat provides various legal advice regarding methods companies use to recruit talent, such as signing bonuses and stock options (stock purchase options), and also provides legal counsel during the operation of businesses.

If you need legal advice on signing bonus agreements or stock options (stock purchase options) agreements, please feel free to contact Law firm Veat at any time.

Thank you.
Law firm Veat