Common use of Loan Repayment and Service Understandings Clause in Contracts

Loan Repayment and Service Understandings. Overlake Hospital shall forgive payment of this loan if Nurse works for Overlake Hospital as a Registered Nurse for a minimum of one (1) year at a minimum of a FTE, pursuant to the following preemployment agency loan repayment conditions. [This one (1) year time period shall be calculated from the date Nurse begins working as an employee of Overlake Hospital ("start date"), and shall be extended to reflect any leaves of absence that may occur during this time period.] Should Nurse resign within one (1) year of Nurse's start date, Nurse understands and agrees that Nurse will be required to repay to Overlake Hospital the Agency buyout loan of $ Thousand Dollars ($ ) at a prorated rate. For example, termination after six (6) months would require repayment of 50% of the Agency buyout loan [ Thousand Dollars ($ ). (Nurse is responsible for any personal tax payment and record filing that may be required.) Nurse agrees to the above terms of this Preemployment Agency Loan Agreement, and voluntarily accepts its service and repayment requirements. Nurse Date Spousal Consent: Nurse's Spouse Date PREEMPLOYMENT MOVING LOAN AGREEMENT Name: , RN Social Security #: Date of Hire: Department: Overlake Hospital Medical Center ("Overlake Hospital") and , RN ("Nurse"), wish to document the preemployment moving loan understandings between them. Nurse has nursing qualifications required by Overlake Hospital, but also has unique and special short-term financial needs regarding family moving expenses. Therefore, this Preemployment Moving Loan Agreement ("Agreement") is in consideration of the mutual understandings noted below:

Loan Repayment and Service Understandings. Overlake Hospital shall forgive payment repayment of this loan if Nurse works for Overlake Hospital as a Registered Nurse for a minimum of one (1) year at a minimum of a ofa FTE, pursuant to the following preemployment agency moving loan repayment conditions. [This one (1) year time period shall will be calculated from the date Nurse begins working as an employee of at Overlake Hospital ("start date"), and shall be extended to reflect any leaves of absence that may occur during this time period.] Should Nurse resign within one (1) year of Nurse's start date, Nurse understands and agrees that Nurse will be required to repay to Overlake Hospital the Agency buyout preemployment fan1ily moving loan of $ -- _Thousand Dollars ($ ) at a Jaat prorated rate. For example, termination after six (6) months would require repayment of 50of50% of the Agency buyout preemployment moving loan [ - Thousand Dollars ($ )$· -- ]. (Nurse is responsible for any personal tax payment and record filing that may be required.) Nurse agrees to the above terms of this Preemployment Agency Moving Loan Agreement, Agreement and voluntarily accepts accept its service and repayment requirements. Nurse Date Spousal Consent: Nurse's Spouse Date PREEMPLOYMENT MOVING LOAN AGREEMENT Name: , RN Social Security #: Date of Hire: Department: Overlake Hospital Medical Center ("Overlake Hospital") and , RN ("Nurse"), wish to document the preemployment moving loan understandings between them. Nurse has nursing qualifications required by Overlake Hospital, but also has unique and special short-term financial needs regarding family moving expenses. Therefore, this Preemployment Moving Loan Agreement ("Agreement") is in consideration of the mutual understandings noted below:PERIOPERATIVE RESIDENCY/INTERNSHIP TUITION LOAN

Loan Repayment and Service Understandings. Overlake Hospital shall forgive payment repayment of this loan if Nurse works for Overlake Hospital as a Registered Nurse for a minimum of one (1) year at a minimum of a FTE, pursuant to the following preemployment agency moving loan repayment conditions. [This one (1) year time period shall will be calculated from the date Nurse begins working as an employee of at Overlake Hospital ("start date"), and shall be extended to reflect any leaves of absence that may occur during this time period.] Should Nurse resign within one (1) year of Nurse's start date, Nurse understands and agrees that Nurse will be required to repay to Overlake Hospital the Agency buyout preemployment family moving loan of $ Thousand Dollars ($ ) at a prorated rate. For example, termination after six (6) months would require repayment of 50% of the Agency buyout preemployment moving loan [ Thousand Dollars ($ )]. (Nurse is responsible for any personal tax payment and record filing that may be required.) Nurse agrees to the above terms of this Preemployment Agency Moving Loan Agreement, Agreement and voluntarily accepts accept its service and repayment requirements. Nurse Date Spousal Consent: Nurse's Spouse Date PREEMPLOYMENT MOVING PERIOPERATIVE RESIDENCY/INTERNSHIP TUITION LOAN AGREEMENT Name: , RN Social Security #: Date of Hire: Department: Overlake Hospital Medical Center ("Overlake Hospital") and , RN ("Nurse"), ) wish to document the preemployment moving Perioperative residency/internship tuition loan understandings between them. Nurse wishes for Overlake Hospital to fund Perioperative residency/internship tuition expenses, and Overlake Hospital has nursing qualifications required by Overlake Hospital, but also has unique and special short-term financial needs regarding family moving expensesneed for nurses with such qualifications. Therefore, this Preemployment Moving Perioperative Residency/Internship Tuition Loan Agreement ("Agreement") is in consideration of the mutual understandings noted below:

Loan Repayment and Service Understandings. Overlake Hospital shall forgive payment repayment of this loan if Nurse works for Overlake Hospital as a Registered Nurse for a minimum of one (1) year at a minimum of a ofa FTE, pursuant to the following preemployment agency moving loan repayment conditions. [This one (1) year time period shall will be calculated from the date Nurse begins working as an employee of at Overlake Hospital ("start date"), and shall be extended to reflect any leaves of absence that may occur during this time period.] Should Nurse resign within one (1) year of NurseXxxxx's start date, Nurse Xxxxx understands and agrees that Nurse will be required to repay to Overlake Hospital the Agency buyout preemployment fan1ily moving loan of $ -- _Thousand Dollars ($ ) at a Jaat prorated rate. For example, termination after six (6) months would require repayment of 50of50% of the Agency buyout preemployment moving loan [ - Thousand Dollars ($ )$· -- ]. (Nurse is responsible for any personal tax payment and record filing that may be required.) Nurse agrees to the above terms of this Preemployment Agency Moving Loan Agreement, Agreement and voluntarily accepts accept its service and repayment requirements. Nurse Date Spousal Consent: Nurse's Spouse Date PREEMPLOYMENT MOVING LOAN AGREEMENT Name: , RN Social Security #: Date of Hire: Department: Overlake Hospital Medical Center ("Overlake Hospital") and , RN ("Nurse"), wish to document the preemployment moving loan understandings between them. Nurse has nursing qualifications required by Overlake Hospital, but also has unique and special short-term financial needs regarding family moving expenses. Therefore, this Preemployment Moving Loan Agreement ("Agreement") is in consideration of the mutual understandings noted below:PERIOPERATIVE RESIDENCY/INTERNSHIP TUITION LOAN