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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.
|Last Updated||March 6, 2023|
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.
|PAY100006 Promissory Note (Withholdings).pdf|
|PAY100005 Promissory Note (Payments).pdf|
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