Training Bond and Liquidated Damages

I recently signed a training bond together with the letter of appointment. It was stated that I would be undergoing overseas training for 3 months and would be bonded to company for a period of 2 years thereafter. Now I am having second thoughts about the job and would like to decline the offer. Can I still decline the appointment without getting into trouble? Is the bond still valid even though I have not started work nor gotten any training yet? ( But I have signed the bond agreement and letter of appointment). What are the necessary steps I need to take to decline the offer professionally and properly?

Unless there is a clause of the liquidity damages to be demanded from you in the letter of appointment, I do not think that there is any other action that company can take against you. You may wish to read the training bond carefully whether it applies to you even you have not started the training? I suggest that you shall talk to the company to have a goos settlement instead.