Between Andrews University (“Employer”)
And ______________________ (“Employee”)
In accordance with North American Division Working Policy X 23 related to
moving and relocation, from ____/____/____ to ____/____/____ Employer provided
Employee $ _________________ (“Amount”) for relocation assistance. The Amount
shall be amortized over four (4) years (“Amortization Period”) starting with the date of
hire on ____/_____/____.
In the event that Employee leaves his/her employment at Andrews University
prior to the completion of the Amortization Period, Employee agrees to reimburse in full
the unamortized portion of the Amount to Andrews University in accordance with the
North American Working Policy 30 75.
I, _____________________________ have read and fully understand the
above Andrews University Amortization Agreement, acknowledge the receipt of
the Amount, and agree to comply with the Amortization Period and repayment
of the unamortized portion of the Amount.
(Signature of Employee)