You can open the Training Repayment Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Training Repayment Agreement Template Printable | Editable FormSample
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Name of the Company]
[Company’s ID]
[Company’s Address]
This agreement is entered into to outline the terms and conditions pertaining to the repayment of training costs sponsored by the Company for the Employee.
The Company agrees to sponsor the Employee’s participation in the following training program: [Specify training details].
The Employee acknowledges that the total cost of the training program is [Amount], which includes tuition, materials, and other associated costs.
The Employee agrees to repay the Company the total cost of the training if they do not fulfill the employment term of [Specify duration] following the completion of the training. Repayment will occur under the following conditions: [Specify conditions].
The Employee must remain employed with the Company for a minimum of [Specify duration] after completing the training to avoid repayment obligations.
This agreement will be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Name of the Company]
[Company’s ID]
[Company’s Address]
This document formalizes the agreement regarding the reimbursement of training expenses incurred by the Company for the benefit of the Employee.
The Employee understands that the training program includes expenses for: [List out items like tuition fees, books, travel].
The Employee is required to remain with the Company for a duration of [Specify duration] after the completion of the training program. Failure to do so will invoke repayment as stipulated.
Should the repayment be required, it will be structured as follows: [Detail repayment schedule and options, if any].
The Employee may be exempt from repayment under specific conditions such as [List any exemptions such as illness, termination without cause, etc.].
This agreement will be regulated by the laws of [Jurisdiction]. Any disputes arising will be settled in accordance with these laws.
This agreement has been read and understood by both parties, who willingly accept its terms.
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
Form
Please complete the form below to create the Training Repayment Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Training Repayment Agreement Template 1. Employee Information 2. Employer Information 3. Training Program Details 4. Repayment Terms 5. Training Cost Breakdown 6. Duration of Agreement 7. Employer Obligations 8. Employee Acknowledgments 9. Signatures and Acceptance 10. Declaration and Signatures
PDF
WORD
Training Repayment Agreement Template Printable | Editable FormPrintable
