The Novated Lease Agreement Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. Each version is designed to be both modifiable and print-ready, ensuring you can easily use it to fit your needs.
Novated Lease Agreement Template – Australia Editable | PrintableSample
1. Parties to the Agreement 2. Vehicle Details 3. Purpose of the Lease 4. Lease Term and Duration 5. Lease Payments 6. Early Termination Conditions 7. Maintenance Responsibilities 8. Insurance Requirements 9. Governing Law 10. Signatures and Acceptance
PDF
WORD
Examples
[Employee’s Name]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Employer’s Name]
[Employer’s ABN]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
[Finance Company’s Name]
[Finance Company’s ABN]
[Finance Company’s Address]
[Finance Company’s Phone]
[Finance Company’s Email]
This Novated Lease Agreement (“Agreement”) outlines the terms related to a vehicle lease arrangement between the Employee, Employer, and Finance Company, starting on [Start Date].
The vehicle to be leased under this Agreement is a [Make and Model] with a Vehicle Identification Number (VIN) of [VIN].
The Employee agrees that lease payments will be deducted from their pre-tax salary in a manner compliant with applicable tax laws. The total lease amount will be [Amount] payable over [Duration].
The Employee is responsible for maintaining the vehicle in good condition and covering all running costs, including fuel, insurance, and maintenance.
This Agreement can be terminated by any party with a written notice of [Notice Period], after which any outstanding lease payments become immediately due.
This Agreement will be governed by the laws of Australia.
[Employee’s Signature]
[Employee’s Name]
[Employer’s Signature]
[Employer’s Name]
[Finance Company’s Signature]
[Finance Company’s Name]
[Employee’s Name]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Employer’s Name]
[Employer’s ABN]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
[Finance Company’s Name]
[Finance Company’s ABN]
[Finance Company’s Address]
[Finance Company’s Phone]
[Finance Company’s Email]
This Agreement details the responsibilities and commitments regarding a novated lease for the vehicle specified, commencing on [Start Date].
The lease term will last for [Duration], with the option to purchase the vehicle at the end of the lease for [Buyout Amount].
Monthly lease payments will be [Amount] and shall be deducted from the Employee’s salary before tax deductions.
The Employee may use the vehicle for both personal and business use, provided all usage and mileage guidelines are adhered to.
The Employee agrees to maintain comprehensive insurance on the vehicle and ensure it is registered according to state laws.
This Agreement shall be governed by the laws of Australia.
[Employee’s Signature]
[Employee’s Name]
[Employer’s Signature]
[Employer’s Name]
[Finance Company’s Signature]
[Finance Company’s Name]
Printable
