Bonus Agreement
(MA)

This template is a bonus agreement that provides a roadmap to follow when determining the criteria associated with the bonus and other requirements related to bonus agreements in Massachusetts. This template includes practical guidance, drafting notes, and alternate and optional clauses. This template is intended for private employers. It is based on federal and Massachusetts law. For information on bonus agreement drafting and design, see Incentive Bonus Agreement Design, and Bonus Agreements: Key Drafting Tips. For other types of bonus agreement templates, see Sign-On Bonus Agreement, Long-Term Incentive Cash Bonus Agreement, and Short-Term Incentive Cash Bonus Agreement.