Plano Texas Pagaré - Préstamo condonable - Promissory Note - Forgivable Loan

• Category: Pagarés - Compra Venta - Préstamos y préstamos - Alabama
• State: Multi-State
• City: Plano
• Control #: US-01476BG
• Format: Word

Description

It is not uncommon for employers to make loans to their new executives. The purpose of such a loan may be to assist the executive in the purchase of a home or other relocation expenses. Frequently, the loan is forgivable over a period of time provided the executive remains employed. The loan also may be forgivable if the executive's employment terminates for specified reasons (e.g., death, disability or termination by the employer without cause).

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.