Model Format of Employee Lending Agreement

Model Format of Employee Lending Agreement

33
0
Print Friendly, PDF & Email
Employee Lending Agreement Employee Lending Agreement
Employee Lending Agreement

___________________, referred to as PRIMARY EMPLOYER, and ___________________, referred to as TEMPORARY EMPLOYER, agree:

PRIMARY EMPLOYER employs ______________ as systems analyst, referred to as EMPLOYEE, at a rate of ___per ____. TEMPORARY EMPLOYER will employ EMPLOYEE from _____________ to _________________.

During the period in which EMPLOYEE is lent, PRIMARY EMPLOYER shall continue to pay EMPLOYEE, and TEMPORARY EMPLOYER shall reimburse employer for the pay plus ___% percent for overhead and benefits. In addition, TEMPORARY EMPLOYER shall reimburse EMPLOYER for worker’s compensation insurance on EMPLOYEE. In the event that state law or other regulation requires TEMPORARY EMPLOYER to provide worker’s compensation the EMPLOYEE, said regulation shall control….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

OUR SERVICES

Company Registration I Trademark I Copyright I Patent I GST I MSME

 ISO Certification I Website/App Policy I Legal Documentation

Annual Compliance I Connect Consultant

Visit: Aapka Consultant to get Online Services of CA CS & Lawyers

NO COMMENTS

LEAVE A REPLY