Company Property Agreement With Employee

State:
Multi-State
Control #:
US-AHI-068
Format:
Word
Instant download

Description

This AHI form states that the employee is responsible for all company equipment issued to them. This form requires the signature of the employee and the manager. This form also requires a list of the property issued to the employee.

How to fill out Company Property Agreement?

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FAQ

An employment contract is an agreement signed by the employee and employer (or labor union) regarding the rights, responsibilities and obligations of both parties during the period of employment. An employment contract typically includes the following elements: Duration of employment, if applicable. Salary or wages.

In that case, you can bring a civil claim in the county court for breach of contract. This type of claim may result in an award of damages or an injunction requiring the employee to return the equipment.

Employees are expected to take proper precautions to care for company equipment. Upon termination, employees are expected to return all company equipment in proper working order. Failure to return equipment may be considered to be theft and may lead to criminal prosecution.

EMPLOYMENT AGREEMENT. This agreement lays down the terms of employment, agreed upon by the employer and employee. Whether stated explicitly in the agreement or not, both the employee and the employer have the duty of mutual confidence and trust, and to make only lawful and reasonable demands on each other.

My name is [Your Full Name], and I am the [Your Job Title] at [Company Name]. As you are no longer employed with our company, we need to retrieve the company property issued to you during your time here. If the property is not returned by the specified deadline, we may take legal action or withhold your final pay.

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Company Property Agreement With Employee