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An employee equipment agreement is a legal contract between an employer and employee regarding the use of company-owned equipment. It sets expectations for the employee's handling of this equipment, including permissions and responsibilities. Employees must maintain equipment and return it upon leaving the company. The agreement clarifies policies on using equipment, especially regarding taking it off the company's premises. Common office equipment subject to this agreement may include various tools and devices necessary for the employee's work. The video tutorial will detail these aspects and provide guidelines for drafting an effective equipment agreement.