Want to know how to make your employees feel valued? Select a bonus letter example that truly speaks to them with our template and guide.Dear {{ employee_first_name }}. An incentive bonus agreement is a contract between an employer and employee that details information about a cash bonus offered as an incentive. This bonus announcement sample letter may be used as a memo to all workers or to an individual employee. The above sample agreement is not an official form or policy of TWC. A transition bonus agreement is a contract between an employer and departing employee that incentivizes the employee to stay with the company for a period. To complete the term of the contract she would forfeit her right to a bonus. Agreements that required an employee to get, fill out, and submit dues withholding revocation forms at the union office. "Important Employer Contact Information".