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An employee equipment agreement is a legally binding agreement between an employer and an employee regarding company-owned work equipment. It outlines the company's expectations of the employee in handling the equipment. Employees are expected to regularly maintain the equipment and return it when they leave the company. The agreement also covers policies about using company equipment off-site. Common office equipment subject to this agreement includes laptops, cell phones, and other electronic devices. Make sure to include these details in the agreement to ensure clarity and compliance.