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Employee Guarantor Form Template for Switzerland

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Key Requirements PROMPT example:

Employee Guarantor Form

"I need an Employee Guarantor Form under Swiss law for our new Chief Financial Officer starting March 1, 2025, with a guarantee amount of CHF 500,000 to cover potential losses from treasury management activities."

Document background
The Employee Guarantor Form is a crucial document in Swiss employment relationships where additional security is required for employee obligations. Commonly used in positions involving financial responsibility, handling of valuable assets, or access to sensitive resources, this document provides employers with security while ensuring compliance with Swiss legal requirements. The form must meet strict formal requirements under Swiss law, including public authentication for guarantees exceeding CHF 2,000. The document specifies the maximum amount of liability, duration, and enforcement conditions, protecting both the employer's interests and the guarantor's rights. It's particularly relevant in sectors where employees handle significant financial transactions or valuable company assets.
Suggested Sections

1. Parties: Identification of the Guarantor (employee or third party), the Beneficiary (employer), and the Principal Debtor (if different from the employee)

2. Background: Context of the guarantee, including the employment relationship and the underlying obligations being guaranteed

3. Definitions: Key terms used in the document, including 'Guaranteed Obligations', 'Guarantee Period', and other relevant definitions

4. Guarantee: The core guarantee provision, including the specific maximum amount of the guarantee as required by Swiss law

5. Scope of Guarantee: Detailed description of what obligations are covered by the guarantee

6. Duration: Term of the guarantee and any conditions for its termination

7. Guarantor's Obligations: Specific duties and responsibilities of the guarantor

8. Enforcement: Conditions and process for enforcing the guarantee

9. Notices: Requirements for formal communications between parties

10. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

Optional Sections

1. Multiple Guarantors: Additional provisions required when there is more than one guarantor, including joint and several liability

2. Security: Provisions regarding any additional security provided to support the guarantee

3. Independent Guarantee: Specific provisions if the guarantee is to be structured as an independent guarantee rather than a simple suretyship

4. Limitation of Liability: Specific caps or limitations on the guarantor's liability beyond the maximum amount

5. Replacement of Guarantor: Procedures for replacing the guarantor in specific circumstances

6. Foreign Currency Provisions: Required when the guaranteed obligations are in a currency other than Swiss Francs

Suggested Schedules

1. Schedule 1 - Guaranteed Obligations: Detailed list or description of the specific obligations being guaranteed

2. Schedule 2 - Form of Demand: Template for making a formal demand under the guarantee

3. Schedule 3 - Guarantor's Confirmations: Specific acknowledgments and confirmations required from the guarantor

4. Appendix A - Related Employment Agreement: Copy or relevant excerpts of the employment agreement giving rise to the guaranteed obligations

5. Appendix B - Asset Declaration: If required, declaration of the guarantor's assets and financial capacity

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions































Clauses






























Relevant Industries

Banking and Financial Services

Retail

Manufacturing

Professional Services

Technology

Telecommunications

Insurance

Real Estate

Logistics and Transportation

Hospitality

Healthcare

Construction

Relevant Teams

Legal

Human Resources

Finance

Operations

Risk Management

Compliance

Treasury

Asset Management

Retail Operations

Sales

Procurement

Relevant Roles

Chief Financial Officer

Finance Manager

Treasury Manager

Cash Handler

Store Manager

Retail Manager

Warehouse Manager

Logistics Coordinator

Asset Manager

Portfolio Manager

Sales Director

Account Executive

Procurement Manager

Inventory Controller

Financial Controller

Branch Manager

Operations Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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