Scribd Logo
Upload

Welcome to Scribd!

  • 81 views

    A. Sample Loan Agreement For Employees

    Uploaded by

    edyc
    This employee loan agreement document outlines the terms of a loan from an employer to an employee. It specifies the loan amount, the interest rate that will accrue, authorization for the employer to deduct repayments from the employee's salary on a weekly/monthly basis, and that any outstanding amount will be deducted from final salary upon ending employment. The employee and witnesses must sign to acknowledge agreement to the loan terms.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    A. Sample Loan Agreement For Employees

    Uploaded by

    edyc
    81 views1 page
    This employee loan agreement document outlines the terms of a loan from an employer to an employee. It specifies the loan amount, the interest rate that will accrue, authorization for the employer to deduct repayments from the employee's salary on a weekly/monthly basis, and that any outstanding amount will be deducted from final salary upon ending employment. The employee and witnesses must sign to acknowledge agreement to the loan terms.

    Original Description:

    Sample loan agreement example

    Original Title

    A. Sample Loan Agreement for Employees

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This employee loan agreement document outlines the terms of a loan from an employer to an employee. It specifies the loan amount, the interest rate that will accrue, authorization for the employer to deduct repayments from the employee's salary on a weekly/monthly basis, and that any outstanding amount will be deducted from final salary upon ending employment. The employee and witnesses must sign to acknowledge agreement to the loan terms.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    81 views1 page

    A. Sample Loan Agreement For Employees

    Uploaded by

    edyc
    This employee loan agreement document outlines the terms of a loan from an employer to an employee. It specifies the loan amount, the interest rate that will accrue, authorization for the employer to deduct repayments from the employee's salary on a weekly/monthly basis, and that any outstanding amount will be deducted from final salary upon ending employment. The employee and witnesses must sign to acknowledge agreement to the loan terms.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    6/13/23, 12:01 PM Sample Loan Agreement for Employees | Staff Loan Policy

    Employee Loan Agreement

    Employer/Company Details:

    Employee Details:

    1. The Employee hereby acknowledges a debt to the Employer/Company in the amount of


    _________________________($_______) for the following reason(s):

    2. The Employee acknowledges and agrees that interest at a rate of ____________(_____%) per annum shall
    accrue on any outstanding amount and that repayment shall first be applied to interest and thereafter to the principal
    amount.

    3. The Employee hereby authorizes the Employer/Company to deduct the amount of


    ________________________($_______) per week/month from the Employee's salary starting from
    _________________20____ until the amount is paid in full.

    4. The Employee further agrees that the entire outstanding amount will be deducted from the Employee's final salary
    upon resignation or termination of employment with the Employer/Company.

    Signed at ____________________ on this ________day of 20_____.

    Employee's Signature: ________________________

    Witness1 Signature: __________________________

    Witness2 Signature: __________________________

    about:blank 1/1

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy