Company Vehicle Handover Agreement

When it comes to company vehicles, it`s important to have a clear and concise handover agreement in place. This document outlines the responsibilities and expectations of both the employer and employee, and ensures that everyone is on the same page when it comes to the use and maintenance of company vehicles.

So, what should a company vehicle handover agreement include? Here are some key points to consider:

1. Vehicle details: The agreement should include the make, model, and registration number of the vehicle being given to the employee, as well as any relevant information about its condition and maintenance history.

2. Driving responsibilities: The employee should be clear on their responsibilities when it comes to driving the vehicle. This might include adhering to traffic laws, reporting any accidents or damage, and keeping the vehicle clean and well-maintained.

3. Business use: The agreement should specify when and where the vehicle can be used for business purposes, and what constitutes “business use.” For example, it might be allowed for travel to client meetings, but not for personal errands.

4. Personal use: If the employee is allowed to use the vehicle for personal purposes (such as commuting to and from work), this should be clearly outlined in the agreement. It should also specify any restrictions on personal use, such as not allowing the vehicle to be driven by anyone else or used for certain activities.

5. Maintenance and repairs: The agreement should include information about regular maintenance and repairs, such as who is responsible for scheduling and paying for them. It should also specify what to do in case of an accident or breakdown.

6. Insurance: The agreement should outline what insurance coverage is in place for the vehicle, and who is responsible for paying for it.

Overall, a company vehicle handover agreement is an important document that helps protect both the employer and employee. By clearly outlining responsibilities, expectations, and restrictions, it can ensure that the vehicle is used safely and responsibly, and that any issues or questions can be addressed quickly and easily.

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