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An employee equipment agreement is a legally binding document between an employer and employee regarding the use of company-owned equipment. It specifies the employer's expectations for how employees should handle equipment, including responsibilities for maintenance and the return of equipment upon leaving the company. The agreement also details the policies related to using company equipment, particularly regarding the ability to take it off-site. Common office equipment covered under this agreement includes items that employees may use in various locations, ensuring clarity on permissions and responsibilities associated with the equipment.