Employee Lending Agreement

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Employee Lending Agreement

___________________, referred to as PRIMARY EMPLOYER, and ___________________, referred to as TEMPORARY EMPLOYER, agree:

PRIMARY EMPLOYER employs ______________ as systems analyst, referred to as EMPLOYEE, at a rate of $____(_______ &___/100 dollars) per ____. TEMPORARY EMPLOYER will employ EMPLOYEE from _____________ to _________________.

During the period in which EMPLOYEE is lent, PRIMARY EMPLOYER shall continue to pay EMPLOYEE, and TEMPORARY EMPLOYER shall reimburse employer for the pay plus ___% percent for overhead and benefits. In addition, TEMPORARY EMPLOYER shall reimburse EMPLOYER for worker's compensation insurance on EMPLOYEE. In the event that state law or other regulation requires TEMPORARY EMPLOYER to provide worker's compensation the EMPLOYEE, said regulation shall control.

Dated: ______________________

____________________

Temporary Employer. Federal ID #:

___________________

Employer. Federal ID #:

__________________

Employee. Social Security #:

Date: