Promissory Note

Last UpdatedJuly 14, 2020
Total Files2
Version2020

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.

Download
File
PAY100006 Promissory Note (Withholdings).pdf
PAY100005 Promissory Note (Payments).pdf
Note: This sample form is provided as a tool for employers. This form is general in nature, and may not be required by law. ManagEase is not a law firm. This form does not constitute legal advice, nor is any attorney-client relationship created or implied. Prior to using this form, we recommend that you consult with an attorney knowledgeable in any potentially applicable federal and/or state laws regarding the specific intended use of this form.
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