The Employee Loan Agreement is used in Switzerland when an employer provides financial assistance to an employee through a formal loan arrangement. This document is essential for companies offering employee loans as part of their benefits package or to assist employees with specific financial needs such as education, housing, or personal circumstances. The agreement must comply with Swiss law, particularly the Code of Obligations (OR/CO) regarding both employment and loan contracts. It establishes clear terms for the loan while protecting both parties' interests and considering the unique aspects of the employer-employee relationship. The document is particularly important for ensuring transparency in financial arrangements between employers and employees while maintaining compliance with Swiss employment and contract law requirements.

1. Parties: Identification of the employer (lender) and employee (borrower) with full legal names and addresses

2. Background: Context of the loan agreement, relationship between parties, and purpose of the loan

3. Definitions: Key terms used throughout the agreement including Loan Amount, Interest Rate, Repayment Period, etc.

4. Loan Amount and Purpose: Specification of the loan amount and detailed purpose for which the loan is granted

5. Interest Rate: Terms of interest, whether it's interest-free or the applicable rate, and compliance with Swiss regulations

6. Repayment Terms: Structure of repayment including payment schedule, method of payment, and deduction from salary if applicable

7. Security and Collateral: Any security or guarantee required for the loan

8. Relationship with Employment: Connection between the loan and employment status, including impact of employment termination

9. Default and Consequences: Conditions constituting default and resulting consequences

10. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes