UNDERTAKING TO REPAY COSTS INCURRED DURING EXTERNAL TRAINING
This agreement is dated date and is made between
Name of employee (“Employee”) and department/School, Loughborough
University, LE11 3TU (“Employer”)
The Employee is employed by the Employer as a job title.
The Employee has obtained a place in relation to a course of study towards the
name of course (“the course”).
This agreement provides that in consideration for the Employer agreeing to meet the
costs of the course which are set out in schedule 1, the Employee agrees to
reimburse these costs if:
1) The Employee voluntarily withdraws or terminates the course early without the
Employer’s written consent
2) The Employee is dismissed or otherwise compulsorily discharged from the
course, unless this is as a consequence of the discontinuance of the course
3) The Employee’s employment with Loughborough University ends for any
reason (with the exception of compulsory redundancy) prior to the completion
of the course
4) Should the Employee resign from their employment before completing the
qualification, or within one year of completing the qualification, then the
Employee will repay 100% of the costs.
5) If the employee resigns from their employment between one and two years
after completing the course, then the Employee will repay 50% of the costs.
The Employer agrees to provide the Employee with insert any agreed time off for
study here. The Employee is expected to meet all commitments of the course in
their own time.
The Employer agrees to purchase all core text books required for the course. These
books will remain the property of the University and should be returned to the
University upon completion of the course.
To the extent permitted by law, the Employee hereby agrees that the Employer may
deduct a sum equal to the whole or part of the Costs due under the terms of this
Agreement from their wages, or from any other allowances, expenses or other
payments due to the Employee.
The amount due to the Employer under the terms of this Agreement is a genuine
attempt by the Employer to assess its loss as a result of the termination of the
Employee’s employment and takes into account the derived benefit to the Employer.
The Agreement is not intended to act as a penalty on the Employee upon the
termination of their employment.
……………………………. (Employee’s Signature)
……………………………. (Employee’s Name)
……………………………. (Employer’s Signature)
……………………………. (Employer’s Name)
The Employer agrees to pay the programme fees for:
The programme fee for the course is £xxx
Payment will be made on receipt of an invoice from name of Institution