A company vehicle contract is an official document drafted when an individual gets the authority to use the vehicle which is owned by the company in which he is working. The agreement has details like the model and make of the car and also the terms and conditions to be followed by the employee while using the car.

Sample Company Vehicle Contract

Contract Number: GF5142

Date of registering the contract: 14th of March 2011

This company vehicle agreement has been drafted and entered into between Kit Cobs referred to as the employee with residential address located at:

41 Aspen High Road,

New York, New Jersey 5271.

And Harry Cloth Manufacturers the company located at:

89 Lee Bee Road,

New York, New Jersey 5214.

as Kit Cobs is using the company vehicle with following specifications.

Details of the vehicle:

Vehicle type: Car

Model of the vehicle: SX4

Manufacturer of the motorcycle:  Suzuki

Year of manufacture: 2006

Color of the car: Red

Car registration number: LA 4125

The terms and conditions to be followed by both the parties are as follows:

  1. The car will be used only for the purpose of company business and cannot be used for personal use unless authorized.
  2. The employee has to assure that he has a valid driving license.
  3. Any damage occurring to the car while the employee is using it will be borne by the employee.

In agreement to the above conditions, find the signature of both the parties below:

Signature of employee:                                                             Signature of the client:

Tom Hanks                                                                                 Brett Lee

(On behalf of Harry Cloth Manufacturers)

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