xyz means my employer name.
PERMANENT RESIDENCY REPAYMENT AGREEMENT
In consideration of xyz's promises herein and my employement with xyz, I agree that if my employment with xyz ends prior to my admission to the U.S. as a legal permanent resident (whether by adjustment of status or pursuant to an immigrant visa) based on my employment with xyz, either because (i) I resign (regardless of the reason), or (ii) xyz terminates my employment for any reason other than xyz's business performance or business need (such as downsizing, reduction in workforce, or job elimation), then I will repay to xyz all Immigration costs incurred by xyz.
For purposes of clarification, I acknowledge that although the attorney fees associated with the PERM application and recruitment costs related to the Lawful Permanent Resident process must be paid by xyz, I understand that the Immigrant costs, comprises all other costs associated with pursuing US legal permanent residency including, without limitation, I-140, Immigrant petition attorney and filing fees; I-485, adjustment of status attorney, filing fees, phtos and medicals for myself and all family members (if applicable).
I further agree that if, after xyz begins the permanent residency process for me, my employment with xyz ends earlier than twelve months after the date on which I am first admitted to the US as a legal permanent residnet based on my employment with xyz, either because (i) I resign (regardless of the reason), or (ii) xyz terminates my employment for any reason other than xyz's business performance or business need (such as downsizing, reduction in workforce, or job family elimination), then I will repay to xyz all Immigrant Costs incurred by xyz.
I agree that the amount I must repay under this permanent Residency Repayment Agreement will become fully due and payable immediately upon the termination of my employment. I understand and agree that this Permanent Residency Repayment Agreement does not alter the at-will nature of my employment relationship with xyz in any way.
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