; and (bb) leads to a recognized postsecondary credential. (V) Any other factors the local board determines appropriate. (iii) Payment to employers The local board involved in on-the-job training or employer-sponsored skills development under clause (i) shall arrange for the appropriate payment of such services through an employer-directed skills account as follows: (I) On-the-job training For on-the-job training, the local board involved shall reimburse the employer from funds in the employer-directed skills account in accordance to the reimbursement requirements of section 3(45)(B) and after receipt of documentation of the wages earned by the individual during such training. (II) Employer-sponsored skills development For employer-sponsored skills development services, the local board involved shall reimburse the employer from funds in the employer-directed skills account for the Federal share of the costs of the program after receipt of documentation from the employer of payment of such costs. (iv) On-the-job training agreement An on-the-job training agreement under clause (i) shall— (I) establish— (aa) the length of the on-the-job training; (bb) the hourly wage rate of the individual; (cc) the skills necessary for the job and the individual’s current skill level as of the date of the agreement; and (dd) the skills to be learned during the on-the-job training; and (II) include an assurance that the employer will provide the local board involved with documentation of the wages earned by the individual while engaged in such on-the-job training for the purpose of reimbursement to the employer. (v) Employer-Sponsored skills development agreement An employer-sponsored skills development agreement referred to in clause (i) shall establish— (I) the provider of the employer-sponsored skills development program; (II) the length of such program; (III) the skills to be learned during such program; (IV) a commitment by the employer to employ the individual upon successful completion of the program