Company Property Agreement Template

Company Property Agreement

ACKNOWLEDGEMENT OF RECEIPT OF COMPANY PROPERTY



Name:

Date:


Description of Equipment or Property Issued to Employee:

1.

2.






By signing this form, I agree to the following:

  • I am responsible for the equipment or property issued to me;
  • I will use it/them in the manner intended;
  • I will be responsible for any damage done (excluding normal wear and tear);
  • Upon separation from the Company, I will return the item(s) issued to me in proper working order (excluding
  • normal wear & tear);
  • I will replace any items issued to me that are damaged or lost at my expense;
  • I authorize a payroll deduction to cover the replacement cost of any item issued to me that is not returned for whatever reason, or is not returned in good working order.





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