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Fill and Sign the Deductions for Relocation Expense Form

Fill and Sign the Deductions for Relocation Expense Form

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Deductions for Relocation Expense Relocation Expense Agreement The terms of this Relocation Agreement are predicated on your acceptance of an Offe r of Employment with ___________________ (“THE COMPANY”), and with full understanding that you will take the necessary steps to relocate in order to fulfill the responsibilities of a full-time, regular Employee with our Company. As part of THE COMPANY's Offer of Employment to you, ___________________ ("Employee"), THE COMPANY agrees to reimburse your relocation expenses, consistent with Company Policy, in the amount of $__________. This amount is considered a payroll advance to you. The payment of all moving expenses and related costs is the sole and exclusive responsibility of you, the Employee. In consideration of this investment in your future, you agree to the following terms: If you voluntarily terminate your employment with THE COMPANY prior to completing twelve (12) full, consecutive months of active service with THE COMPANY, but do complete six (6) or more full, consecutive months of active service with THE COMPANY, you will immediately refund the Relocation Expense Amount to THE COMPANY.  If you voluntarily terminate your employment with THE COMPANY prior to completing twelve (12) full, consecutive months of active service with THE COMPANY, but do complete six (6) or more full, consecutive months of active service with THE COMPANY, you will immediately refund to THE COMPANY an amount which is equal to: (the Relocation Expense Amount divided by 12) multiplied by 12 minus the number of full, consecutive months of active service with THE COMPANY.  If any refund is due THE COMPANY, you agree that the amount is payable in full immediately via personal check or payroll deduction at ___________________, and you agree to permit THE COMPANY to deduct from any monies or benefits including vacation pay, due you (including wages, bonuses, and/or expenses) this amount.  If any action or proceeding is brought to enforce any provision of this Agreement by THE COMPANY or if THE COMPANY is required to refer any matter arising under this Agreement to an attorney, you agree to pay all costs of collection (including interest at the highest rate permitte d by applicable law) and litigation, together with reasonable attorney's fees. Neither this Agreement, any other agreement between you and THE COMPANY, nor any company practice creates any contract of employment between you and THE COMPANY. You may terminate your employment with THE COMPANY at any time with or without cause, and THE COMPANY has the same right. Agreed to by: __________________________________________ Witnessed by: __________________________________________ Employee's Printed Name: _______________________________ Employee's Signature ___________________________________ Date: _______ Corporation Printed Name: _______________________________ (Authorizing Officer) Corporation Printed Name: _______________________________ (Authorizing Officer) Date: _______

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Adhere to these comprehensive steps:

  1. Sign in to your account or initiate a free trial with our service.
  2. Select +Create to upload a file from your device, cloud storage, or our form collection.
  3. Access your ‘Deductions For Relocation Expense’ in the editor.
  4. Click Me (Fill Out Now) to finalize the document on your end.
  5. Add and designate fillable fields for other participants (if necessary).
  6. Proceed with the Send Invite settings to solicit eSignatures from others.
  7. Download, print your copy, or convert it into a reusable template.

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