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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 when handling their equipment, including maintenance and returning it when leaving the company. The agreement also covers the policies about using company equipment off-site. Common office equipment subject to this agreement includes laptops, cell phones, and tablets. Key details to include in the agreement are permissions, responsibilities, and restrictions on taking equipment off-premises.