Employment Reimbursement Agreement

Employment Reimbursement Agreement :

This letter should be typed in the official letter-head of the company.

The Company's Name

Door Number and Street's Name,
Area Name,
Postal Code : XXXXXX
Phone Number : 0000 - 123456789

TO :

The Receiver's Name,
Door Number and Street's Name,
Area Name,
Postal Code : XXXXXXX

Date :

Reference :

Dear _____________,

The undersigned officer or employee of (Company) agrees to repay to the Company all compensation payments or reimbursements that are disallowed, in whole or in part, as a deductible expense by the Internal Revenue Service. The reimbursement shall be made to the full extent of the disallowance upon an adverse decision of the last tribunal or agency to consider the issue, provided the Company shall not be obligated to seek further appeal if available.

Signed under seal this day of 6th June - 1999.

Yours Sincerely,

(The Sender's Signature)

The Sender's Name

Enc. :

Employment Reimbursement Agreement

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