Relocation Assistance Contract HR
Relocation Assistance Contract
This Relocation Assistance Contract (the "Contract") is entered into on September 15, 2050, by and between:
[Company Name]
Hereinafter referred to as the "Company."
And
[Your Name]
Located at: [Your Address]
Email: [Your Email]
Hereinafter referred to as the "Employee."
I. Background:
The Employee has been offered employment with the Company, which will require the Employee to relocate to a different location as part of their duties. The Company acknowledges the need to provide financial assistance to the Employee to facilitate this relocation.
II. Relocation Assistance:
In consideration of the Employee's relocation, the Company agrees to provide the following relocation assistance to the Employee:
Expense |
Coverage |
Moving Expenses: |
|
Packing and transportation of belongings |
|
Temporary accommodation |
|
Transportation to the new location |
|
Housing Assistance: |
|
Assistance with finding suitable housing |
|
Temporary housing allowance (if applicable) |
|
Miscellaneous Expenses: |
|
Travel expenses to the new location |
|
Reimbursement of any required licenses or certifications |
|
III. Terms and Conditions:
A. The Employee must submit all relocation-related expenses with valid receipts within 30 days of incurring the expense for reimbursement.
B. The Company will reimburse the Employee for approved expenses within 15 days of receiving the reimbursement request.
C. In the event that the Employee resigns from their position within 12 months of the relocation, the Employee may be required to repay a portion of the relocation assistance as specified in a separate agreement.
D. Any disputes arising from this Contract shall be resolved through mediation or arbitration, as determined by both parties.
IV. Governing Law:
This Contract shall be governed by and construed in accordance with the laws of the state of California, without regard to its conflict of law principles.
V. Entire Agreement:
This Contract constitutes the entire agreement between the parties and supersedes all prior agreements and understandings, whether written or oral.
VI. Execution:
This Contract shall be effective upon execution by both parties.
[Your Company Name] [Your Name]
Signature: ________________________ Signature: ________________________
[HR Manager Name], HR Manager Date: September 15, 2050
Date: September 15, 2050