|Last Updated||February 17, 2021|
Employers who offer loans to employees can use this form as a model for a repayment agreement. The sample forms offered below come in two versions:
- Payments - the employee indicates the amount and date they will begin making monthly payments until the sum is paid in full.
- Withholding - the employee authorizes an indicated amount to be deducted from their paycheck until the sum is paid in full.
|PAY100005 Promissory Note (Payments).pdf|
|PAY100006 Promissory Note (Withholdings).pdf|