This document assigns a portion of an employee's monthly salary to an assignee in consideration of a debt. The employee assigns and transfers [percentage/amount] of their salary from their primary and any secondary employers to the assignee. Both the employee and assignee sign to agree to the salary assignment.
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LEGFORM - Assignment of Salary
This document assigns a portion of an employee's monthly salary to an assignee in consideration of a debt. The employee assigns and transfers [percentage/amount] of their salary from their primary and any secondary employers to the assignee. Both the employee and assignee sign to agree to the salary assignment.
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment of Salary
This Assignment is made on ______________ (Date), by and between __________________
(“Employee” and “Assignor”) at ________________________ (“Employee Address”), and the Assignee (“Assignee”) __________________, at ________________________ (“Assignee Address). In consideration of forbearance on a debt, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: Assignor assigns and transfers to Assignee Php. ______ per month, or other agreed upon pay period, or _____% of all salary, wages, bonuses, commissions and other compensation or remuneration payable to the Assignee (“Salary”) by his or her primary employer, _________________, and any other secondary employer of the Assignor (collectively the “Assigned Salary”).
_________________________ _______________________ Assignee Assignor ___________________ Date
SUBSCRIBE AND SWORN TO BEFORE ME, this _________ day of ___________
,2019 at _________ _ ______,Philippines. The affiant exhibited before me this Community Tax Certificate No. _______________ ,Issued on _ __________________ __ at _ ________________________ _.
Doc. No. ______________
Page No._______________ Book No._______________ Series of _______________