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Employee Computer Loan Agreement Template
I need an Employee Computer Loan Agreement Template for our tech startup to loan MacBook Pros to 50 remote developers, with monthly repayments over 24 months starting from January 2025 and specific provisions for international employees.
1. Parties: Identifies the employer and employee
2. Background: Explains the purpose of the loan arrangement
3. Definitions: Defines key terms used in the agreement
4. Equipment Details: Specifies the computer equipment being loaned
5. Loan Terms: Details the duration and repayment structure
6. Employee Obligations: Sets out responsibilities for equipment care and use
7. Return of Equipment: Specifies when and how equipment must be returned
8. Termination: Conditions for early termination and consequences
1. Insurance: Details insurance requirements if employer requires employee to maintain insurance
2. Software License: Software usage terms when specific software is included in loan
3. Data Protection: Specific data handling requirements when computer will process sensitive data
4. Remote Working Provisions: Special terms for remote use when computer will be used for remote work
1. Equipment Schedule: Detailed list of equipment specifications and condition
2. Payment Schedule: Breakdown of repayment amounts and dates
3. Acceptable Use Policy: Details of permitted and prohibited use
4. Return Checklist: Checklist for equipment return condition
Authors
Commencement Date
Company
Computer Equipment
Confidential Information
Default
Employee
Employment Contract
Equipment Value
Hardware
Installation Date
Loan Amount
Loan Period
Monthly Repayment
Normal Working Hours
Payment Date
Personal Use
Permitted Location
Permitted Purpose
Repayment Schedule
Return Date
Software
Specifications
Term
Termination Date
Working Day
Equipment Description
Delivery and Installation
Payment Terms
Repayment Schedule
Employee Obligations
Acceptable Use
Maintenance and Care
Insurance
Data Protection
Confidentiality
Software Licenses
Risk and Liability
Return of Equipment
Early Termination
Default and Remedies
Equipment Ownership
Salary Deduction Authorization
Health and Safety
Assignment and Transfer
Modifications and Alterations
Inspection Rights
Force Majeure
Notices
Entire Agreement
Governing Law
Jurisdiction
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