Common Contracts
1 similar Employee Loan Agreement contracts
Employee loan agreement template south africaEmployee Loan Agreement • October 8th, 2020
Patterns to create a pay agreement for employees who need extra cash before future paychecks. The agreement, which was drawn up for employees, take a loan from their employer. Effective Date / Employer (legal name), AKA (Employer) Located in Address (City), State Sip Code Legal Name, AKA (Employee) Located in Address (City), State Post Code Employee currently recognizes the debt to the employer in the amount . For the following reason: The Employee recognizes and agrees that the interest rate of 1 per cent per annum is charged to any outstanding amount and that repayment first applies to interest and then to the principal amount. Currently, the Employee authorizes the Employer to deduct
