[Firm Name]

Retention Agreement

I understand that, if approved to participate in [Firm Name]’s Advanced Education Program, [Firm Name] is making a significant investment in my personal and professional growth and development.  In consideration for this investment, following completion of the Advanced Education Program, I agree to remain in the employment of [Firm Name] for [one year/two years].

I understand and agree that if for any reason I voluntarily terminate my employment before the completion of this personal commitment, I will pay [Firm Name] on a pro rata basis the full cost of attending [Firm Name]’s Advanced Education Program (including tuition, travel, food, and lodging) as follows:

I hereby authorize [Firm Name] to repay itself as much of said costs possible from my final salary check, to include payment for vacation.  During my termination-processing, I also agree to make arrangements with [Firm Name] for payments, not to exceed one year in duration, of any additional monies owed.

I also understand that if I am involuntarily separated from [Firm Name] employment through no fault of my own, these prorated payments will be waived.

Again, I understand that it is the intention of this agreement for [Firm Name] to obtain a fair return on its significant investment in my development.

I UNDERSTAND AND AGREE THAT THIS AGREEMENT WILL BECOME AN ADDENDUM TO MY EMPLOYMENT AGREEMENT.