Ownership
State whether the device is company property or provided on loan, and include transfer or buyout conditions if applicable.
A written agreement reduces disputes, clarifies cost allocation, and documents security and return obligations in case of loss, termination, or policy changes.
Common parties include IT or HR teams who issue devices and employees, contractors, or vendors who receive them.
Clear role assignments ensure legal authority to bind the company and a documented chain of custody for each handset.
State whether the device is company property or provided on loan, and include transfer or buyout conditions if applicable.
Define business vs personal use, data limits, prohibited activities, and responsibilities for third-party apps and content.
Specify subsidies, employee contributions, payroll deductions, replacement cost formulas, and tax implications of benefit values.
Mandate passcodes, encryption, remote wipe capability, reporting lost/stolen devices, and any MDM enrollment obligations.
Detail return timing on separation, acceptable condition standards, and deductions for damage or missing accessories.
Allocate responsibility for third-party claims, data breaches, and costs arising from misuse or failure to follow policy.
| Field | Configuration |
|---|---|
| Signer Authentication | Email link or SMS code; use KBA for higher risk |
| Required Fields | Signature, printed name, date, device serial |
| Template Controls | Lock terms, version history, revocation rules |
| Retention Policy | Export signed PDF and retain audit trail |
| Criteria | Business Handset Agreement | Device Lease |
|---|---|---|
| Ownership | company retains title | often lessee control |
| Term focus | policy and return rules | fixed lease term |
| Tax treatment | employee benefit considerations | lease accounting |
| Security clauses | mdm and data controls | may be limited |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Available (Premium) | Available | Available | Available | Limited or no |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA) | Often available | Often available | Varies | Varies |
Match the signing platform to authentication and retention needs; sensitive workflows require stronger controls.
Ensure the vendor supports audit trails, BAAs for HIPAA, and exportable signed PDFs with embedded completion certificates for compliance.
Specify days to sign (e.g., 7–14 days)
State return within 7–30 days after separation
Require reporting within 24–72 hours
Define payroll deduction or invoice schedule
Annual or as-needed inventory review