Device Details
Record make, model, serial number, asset tag, and any accessories so the exact item is identified and traceable for inventory and insurance purposes.
A written agreement reduces ambiguity about ownership, maintenance, and liability, helps protect corporate data, and sets clear return and replacement expectations. It supports consistent asset tracking and provides evidence for HR, payroll, and tax records while aligning employee and employer responsibilities.
Organizations of any size that issue devices for remote, hybrid, or field work use this form to govern custody and responsibilities.
Responsible for recording the serial number, assigning asset tags, configuring device security (MDM), and tracking custody. The IT Asset Manager documents condition at issuance and records return inspections and repair costs if applicable.
The employee acknowledges receipt, agrees to acceptable use and care responsibilities, and accepts potential payroll deductions for loss or damage. The employee must return the device per the agreement and report any incidents promptly.
Record make, model, serial number, asset tag, and any accessories so the exact item is identified and traceable for inventory and insurance purposes.
State the loan start date, expected return date or condition triggering return, and whether the loan is revocable at employer discretion.
Define permitted business use, restrictions on personal use, and rules for installing apps or connecting to public networks to limit security risk.
Specify required device protections such as passcode, encryption, mobile device management (MDM), VPN use, and procedures for reporting lost or stolen devices.
Clarify financial responsibility for repair or replacement, deductible amounts, payroll withholding, and timelines for reporting incidents.
Describe return condition expectations, data wiping procedures, inspection rights, and consequences for nonreturn or late return including replacement costs.
| Field | Configuration |
|---|---|
| Signer Order | Employee then IT or manager approval |
| Authentication | Email plus SMS code or SSO for higher assurance |
| Required Fields | Serial number, employee ID, effective date, return terms |
| Audit Trail | Enable timestamps, IP capture, and completion certificate |
Choose an eSignature platform that supports audit trails, secure storage, and integrations with HR or asset systems.
The effective date when employee assumes custody.
When the device should be returned under normal terms.
Employee must report loss or damage within 24–72 hours as specified.
IT should inspect and report condition within 3 business days of return.
Employer should notify employee before withholding for replacement costs.
Attach an employment verification or authorization from the hiring manager to tie device custody to role responsibilities and access permissions.
Include a photo or record of the asset tag and serial number as an exhibit to simplify recovery and insurance claims.
Attach property or liability insurance terms if the employer requires coverage for loaned devices and define claim procedures.
Save executed agreements as PDF/A with an audit trail; export metadata for HRIS or asset management integration.
Xerox automated signature capture for device agreements to sync with NetSuite inventory
Tech Data standardized digital forms for equipment issuance to reduce manual steps
| 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 | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |