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An employee equipment agreement is a legally binding contract between an employer and an employee concerning company-owned work equipment. The agreement outlines the company's expectations regarding the handling of the equipment by the employee, including regular maintenance and return upon leaving the company. It also addresses the policies for taking company equipment off-premises. Common office equipment covered under this agreement includes computers, phones, printers, and other technology tools. The agreement should include details such as employee permissions, responsibilities, and specific terms related to the use of the equipment.