Employee Credit Card Agreement Template for Germany

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Key Requirements PROMPT example:

Employee Credit Card Agreement

"I need an Employee Credit Card Agreement for our senior executives who frequently travel internationally, with monthly spending limits of €10,000 and permission for business class travel bookings, to be implemented by March 2025."

Document background
The Employee Credit Card Agreement is essential for organizations operating in Germany that provide corporate credit cards to their employees for business-related expenses. This document becomes necessary when companies want to streamline their expense management process while maintaining control and compliance with German financial regulations, tax laws, and data protection requirements. The agreement typically includes detailed provisions about card usage, spending limits, expense documentation, and settlement procedures. It addresses both routine business scenarios and special circumstances such as international travel or departmental variations. The document must comply with German labor law (Arbeitsrecht), banking regulations (Kreditwesengesetz), and data protection requirements (DSGVO), while also aligning with company policies and risk management practices.
Suggested Sections

1. Parties: Identification of the employer company and the employee receiving the credit card

2. Background: Context of the agreement and purpose of issuing the corporate credit card

3. Definitions: Key terms used throughout the agreement including 'Corporate Credit Card', 'Business Expenses', 'Statement Period', etc.

4. Card Issuance and Ownership: Clarification that the card remains company property and terms of issuance

5. Authorized Use: Permitted uses of the corporate credit card and spending limits

6. Employee Obligations: Core responsibilities including safeguarding the card, reporting loss/theft, and proper usage

7. Expense Documentation: Requirements for documenting and submitting expenses with receipts

8. Payment and Settlement: Process for statement review, expense submission, and payment handling

9. Unauthorized Use and Security: Procedures for reporting unauthorized transactions and security measures

10. Termination: Conditions and process for terminating card privileges and final settlement

11. Governing Law: Specification of German law as governing law and jurisdiction

Optional Sections

1. International Usage: Include when employee needs to use the card for international travel or transactions

2. Cash Withdrawal Authorization: Include if cash withdrawals are permitted under specific circumstances

3. Rewards Program: Include if the corporate card has a rewards program and specify how points/benefits are handled

4. Private Use Authorization: Include if any private use is permitted, with specific terms and tax implications

5. Department-Specific Policies: Include for different spending limits or rules for specific departments

6. Digital Wallet Integration: Include if the card can be added to digital wallets or mobile payment systems

Suggested Schedules

1. Schedule 1: Spending Limits and Authorization Levels: Detailed breakdown of spending limits, transaction limits, and approval requirements

2. Schedule 2: Expense Reporting Procedures: Step-by-step guide for submitting expenses and required documentation

3. Schedule 3: Prohibited Purchases: Comprehensive list of unauthorized purchases and merchant categories

4. Appendix A: Card Application Form: Form for requesting the corporate credit card

5. Appendix B: Cardholder Acknowledgment Form: Form for employee to acknowledge receipt and understanding of the agreement

6. Appendix C: Expense Report Template: Standard template for submitting expenses and receipts

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Financial Services

Technology

Manufacturing

Professional Services

Retail

Healthcare

Education

Construction

Transportation

Energy

Telecommunications

Consulting

Media and Entertainment

Real Estate

Hospitality

Relevant Teams

Finance

Human Resources

Legal

Compliance

Procurement

Sales

Business Development

Operations

Executive Office

Audit

Risk Management

Travel Administration

Accounting

Relevant Roles

Chief Financial Officer

Finance Director

HR Director

Compliance Officer

Legal Counsel

Account Manager

Sales Director

Regional Manager

Business Development Manager

Project Manager

Department Head

Executive Assistant

Procurement Manager

Travel Manager

Operations Manager

Senior Consultant

Managing Director

Controller

Audit Manager

Risk Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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