TENNESSEE TECHNOLOGICAL UNIVERSITY

MOVING EXPENSE AGREEMENT

Agreement made on _____(Date)_____ between ___(University)_____ (referred to as the University), and _____(Employee's Full Name)_____ (referred to as the Employee),

WITNESS:

WHEREAS, the Employee, with employment date effective (Employment Date)___ desires to move and relocate his/her residence from ___(City and State)_____ to _____(City and State)_____ and the University desires to reimburse or pay on behalf of the Employee the cost of the moving expense, the parties therefore, agree as follows:

1.    The University agrees to reimburse the Employee an amount not to exceed $_______________ for moving  expenses incurred for the relocation.  Of this amount, not more than $______________ can be reimbursed directly to the individual.  All reimbursement claims must comply with the State Comptroller's rules and regulations in effect when this agreement is signed.  Also, the Employee agrees to provide original receipts for all reimbursement claims.

2.    In consideration for the University reimbursing, the employee agrees to remain employed by  the University for a period of at least one year.  For faculty appointed on an academic basis, one year is defined as one regular academic session (Fall and Spring semesters, nine months).  For all other annual faculty and employees, one year is defined as twelve months.  Should the employee leave employ prior to completion of that year, the Employee will be liable to the University for all moving expenses which the University has paid (to or on behalf of the Employee), together with reimbursements and all payroll taxes withheld by the University in connection with such expenses.

3.    The Employee hereby gives the University an express lien on all salaries, wages, and other sums payable to him/her by the University, for the purpose of securing all amounts due under Section 2 above in the event the Employee leaves prior to one year's employment at the University.  The Employee authorizes the University to withhold all amounts due under this Agreement from any sum payable to the Employee by the University.

4.    If the Employee fails to remain employed as indicated in Section 2 above for reasons beyond his/her control considered sufficient by the University, all or part of the liability under Section 2 may be  waived by the University.  Any such waiver must be approved in writing by the Employee's department head or dean and the President.  (The dean/department head, whose account paid for the Employee's move, must notify the Business Office if the Employee does not remain employed at the University for at least one year.)

________________________                                                                    _____________________________
          Employee(Signature)                                                                                    President(Signature)

________________________                                                                       _____________________________
          Employee (Print or Type)                                                                                President (Print or Type)

_________________________
          Employee's Social Security No.

________________________                                                                    ____________________________
          Associate Vice President for                                                                         Department Name
            Business & Fiscal Affairs

         ________________________                                                                    _____________________________
         Account Number to be charged                                                                    Department Contact & Phone Number