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Employee Credit Card Agreement
"I need an Employee Credit Card Agreement for our Singapore tech startup that will be rolling out corporate cards to our sales team in January 2025, with specific provisions for international travel and client entertainment expenses."
1. Parties: Identifies the employer and employee entering into the agreement
2. Background: Context of providing corporate credit card for business purposes
3. Definitions: Key terms used tHRoughout the agreement including 'Credit Card', 'Authorized Use', 'Business Expenses'
4. Card Issuance and Ownership: Terms of card provision and ownership status, including that the card remains property of the company
5. Authorized Use: Permitted uses of the corporate credit card and restrictions on personal use
6. Employee Obligations: Core responsibilities of the employee regarding card usage, security, and reporting
7. Expense Reporting: Requirements for documenting and reporting expenses, including submission deadlines
8. Termination: Conditions and process for agreement termination and card return
1. International Usage: Terms and conditions for using the corporate card outside Singapore, including foreign transaction fees and reporting requirements
2. Supplementary Cards: Provisions for additional cards and associated responsibilities
3. Rewards Program: Terms related to any card rewards or benefits and their ownership
1. Schedule 1: Credit Limit and Fee Structure: Detailed breakdown of credit limits, applicable fees, and interest charges
2. Schedule 2: Expense Reporting Procedures: Step-by-step procedures for submitting expense reports and required documentation
3. Appendix A: Authorized Business Expenses: Comprehensive list of permitted business expense categories and exclusions
4. Appendix B: Card Usage Guidelines: Detailed guidelines for appropriate card usage and security measures
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