"Sim school?" You mean providing aircraft specific training in the form of a recurrent or a type rating?

The industry standard is a six month commitment for recurrent flight training, twelve months for a type rating.

I've never seen a "training contract" where training isn't part of the equation. Certainly there may be cases where a company might have a contract for training and then fail to provide it, but that's really neither here nor there, as the company has defaulted on their agreement.

Have you worked for companies that required you to sign an agreement to remain a period of time, when no type rating or training was part of the bargain? Why would you enter into such an agreement?