Promissory Note as Addendum to Draw Against Commission Agreement
"This is a unique loan agreement between an employee and an employer whereby the employee makes monthly installment payments using commission they have earned to pay back the employer for a loan. This promissory note does not include an interest rate and uses monthly installment payments as the method of repayment. This document should be used by small businesses or other entities that enter into loan agreements with their employees and want to deduct the loan payments from the employees' commission.
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