Common Contracts

2 similar Employee Loan Agreement contracts

Contract
Employee Loan Agreement • December 30th, 2014

Employee Loan Agreement This Employee Loan Agreement and Promissory Note (the Agreement) is made and effective this 11th day of July, 2009, Between[COMPANY NAME] (The 'Company'), a corporation organized and existing under the laws of the state of [STATE] with its head office located at: [STREET], [CITY], [STATE] [ZIP CODE] AND[EMPLOYEE NAME] (The 'Employee'), an individual with its main address at: [STREET], [CITY], [STATE] [ZIP CODE] WHEREAS, Employee has requested a loan from Company for personal reasons; NOW THEREFORE, in consideration of the mutual promises and covenants contained herein, Company and Employee agree as follows: Terms and Conditions LOAN & PAYMENT On the date first written above, Company shall loan to Employee the sum of at an annual interest rate of Percent ( %) and payable by withholding of $ ) per bi-weekly pay period commencing on DD/MM/YYYY and continuing until DD/MM/YYY with the balance if any due on such date.PLEDGE As security for the repayment of suc

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Contract
Employee Loan Agreement • December 30th, 2014

Employee Loan Agreement This Employee Loan Agreement and Promissory Note (the Agreement) is made and effective this 11th day of July, 2009, Between[COMPANY NAME] (The 'Company'), a corporation organized and existing under the laws of the state of [STATE] with its head office located at: [STREET], [CITY], [STATE] [ZIP CODE] AND[EMPLOYEE NAME] (The 'Employee'), an individual with its main address at: [STREET], [CITY], [STATE] [ZIP CODE] WHEREAS, Employee has requested a loan from Company for personal reasons; NOW THEREFORE, in consideration of the mutual promises and covenants contained herein, Company and Employee agree as follows: Terms and Conditions LOAN & PAYMENT On the date first written above, Company shall loan to Employee the sum of at an annual interest rate of Percent ( %) and payable by withholding of $ ) per bi-weekly pay period commencing on DD/MM/YYYY and continuing until DD/MM/YYY with the balance if any due on such date.PLEDGE As security for the repayment of suc

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