Agreement to amend the terms and conditions of your employment Agreement made between: The University of Bath of Claverton Down, Bath, BA2 7AY (hereinafter called the “Employer”) And [ ] of [ ] (hereinafter called the “Employee”) This Agreement outlines the conditions under which the Employer will lease the “Cycle Package” to the Employee in return for lease payments being made by way of a salary sacrifice scheme. The Employee has personally selected a cycle and any related cycle equipment of their choice (hereinafter called the Cycle Package”), which has a total monetary value of not more than £1,000 (One Thousand Pounds), including VAT from Cyclescheme Ltd and has obtained a written quotation from them outlining the exact specification / content and cost of the Cycle Package, which is attached hereto. The Employer agrees to purchase the Cycle Package and lease it to the Employee (who agrees to use it as his / her primary means of transport to and from work, but who may also use it for recreational purposes) in accordance with this Agreement. Title (Ownership) in the Cycle Package shall vest and remain vested in the Employer until, if and when this Agreement is terminated, and the Employer transfers ownership of the Cycle Package to the Employee. For the avoidance of doubt at no time during the continuance in effect of this agreement shall the Employee own the Cycle Package. Consequently the Employee may not sell, lease, loan or assign the Cycle Package to any third party or allow any third party to use the Cycle Package. The Employer agrees to provide the Employee with the use of the Cycle Package for the duration of this Agreement which shall be for a period of 24 months (unless extended as outlined below), during which time the Employee agrees to equal monthly reductions being made to his /her gross salary (“Salary Sacrifice”). The Salary Sacrifice shall take the following form; each month the Employee’s gross salary will be reduced by 1/24 of the total cost of the chosen Cycle Package, until such time as the total cost of the Cycle Package has been recovered in full. The Salary Sacrifice may affect the level of any personal pension contributions made by the Employee and/or their entitlement to sick pay or other benefits. The Employee should seek advice if they have any queries in this respect. To be eligible to participate in this Salary Sacrifice scheme the Employee’s salary (after the Salary Sacrifice reductions) must remain above the National Minimum Wage. If at any time during the continuance of this Agreement the Employee’s salary falls to a level that would mean that if the Salary Sacrifice reductions were made, it would be below the National Minimum Wage, the Employer reserves the right in its discretion, (to the extent it is lawfully entitled to do so), to either suspend the reductions for a period of time or to deduct them instead from the Employee’s net salary. In the latter case the Employee would lose their entitlement to potential tax benefits. Once the Employee makes the decision to participate in this scheme and signs and returns this Agreement, they cannot then change their mind and will be obligated to continue with the scheme for the full 24 months (or any extended period which may apply) and the appropriate reductions will be made to their gross salary until the Employer has recouped the full cost of the Cycle Package. If the Employee is absent from work for any reason, the Salary Sacrifice reductions will continue to reduce the pay that the Employee receives during the absence as long as and to the extent that:- o o The pay is of a kind against which Salary Sacrifice reductions can legally be made and so excluding for example (but without limitation) statutory maternity pay, paternity, adoption and statutory sick pay; and The continuation of the Salary Sacrifice reductions is not in breach of the National Minimum Wage Regulations. If during a period of absence the Employee is temporarily not in receipt of sufficient pay to permit the Salary Sacrifice reductions to continue but remains employed by the University, (e.g. if the Employee is on unpaid sick leave during an extended period of sickness absence or during any other period of unpaid leave), then to the extent permitted by law, the Salary Sacrifice reductions will be suspended for the period in question. In any such case the Salary Sacrifice reductions will recommence on the Employee’s return to work and the 24 month period over which this Agreement shall run will be extended as appropriate by the total number of weeks / months during which the reductions were suspended However, this Agreement will not be extended for more than six months and if after 30 months from the start of this Agreement any payments under this Agreement have yet to be made, the full balance (e.g. the total of all payments yet to be made) will, to the extent permitted by law become payable to the Employer. The Employer may seek to deduct this from any future net salary payments due to the Employee or the Employer may require the Employee to pay the outstanding balance in a single lump sum within 14 days of the request. The Employee’s signing of this Agreement shall be their consent to any such deductions being made. In either case the Employee would lose their entitlement to potential tax benefits. The Employee will be responsible for keeping the Cycle Package clean and in good condition and ensuring that it is regularly serviced / repaired as appropriate at his / her own cost and that all requirements of the manufacturer’s warranty and the manufacturer’s recommendations are fully complied with at his/ her own cost. The Employee must only use the Cycle Package properly and in a manner which will not breach the manufacturer’s warranty or instructions and the Employee must not modify or alter the Cycle Package in any way. The Cycle Package must also be made available for inspection by the Employer at its request at any time. The Employee shall also be solely responsible for any fines or penalties imposed as a result of his / her use of the Cycle Package and agrees to indemnify the Employer in respect of any claims made against it and all damages, costs and expenses incurred by it as a result of any third party claim arising out of the state, condition or use of the Cycle Package. It is understood that this indemnity obligation shall survive the termination of this Agreement. The Employee will also be responsible for insuring the Cycle Package against fire, theft, loss or damage and may need to provide evidence of sufficient insurance cover to the Employer, during the period of this Agreement, if asked to do so. If the Employee is asked to provide such evidence of appropriate insurance cover and fails to do so, the Employer reserves the right to arrange such insurance cover itself, in which case the insurance premiums will also be deducted from the Employee’s salary thereafter and the Employee’s signing of this Agreement constitutes their consent to such additional deductions being made. The Employee will also notify the Employer forthwith of any loss or damage to the Cycle Package and hold any insurance money received in trust for the Employer. The Employee also irrevocable authorises the Employer to collect insurance monies in respect of the Cycle Package from the insurer in which case the monies will be used in the discretion of the Employer to, make good the damage, replace the Cycle Package or any part thereof and / or compensate itself for any losses it may suffer. The Employee must ensure that the Cycle Package s/he selects is appropriate for their personal use and that it is medically safe for them to use it (by checking with their GP where appropriate). The Employee also undertakes to use the Cycle Package in a safe manner complying with road safety requirements and wearing a cycle helmet in appropriate circumstances and not to carry passengers on the Cycle Package. The Employer will not be liable for any loss or damage suffered or any personal injury caused as a result of the use of the Cycle Package. If the Cycle Package (or any part of it) is lost or stolen or damaged beyond economical repair, the Employee will either replace it in full at their own expense and continue with this Agreement or terminate this Agreement by paying the Employer any “Remaining Balance” (this means the total cost of the Cycle Package less any reductions to salary already made), in full, (perhaps using money paid by the insurer). Until the Employer has received the total cost of the Cycle Package in full this Agreement will continue in full force and effect and the Employer has right to made deductions from the Employee’s salary notwithstanding any loss or damage to or theft of the Cycle Package. Should the Employee’s employment with the University be terminated (for whatsoever reason), the total of all the payments due under this Agreement yet to be made (“the Remaining Balance”) shall become repayable by the Employee to the Employer immediately. This payment will not benefit from any tax exemptions and will be payable as follows:o o If the Remaining Balance is less than any net salary payments due to the Employee, the Employer shall deduct it from those remaining net payments and the Employee’s signing of this Agreement shall be their consent to such a deduction being made. If it is not possible to deduct the Remaining Balance from any net salary payments due to the Employee for any reason or if the Remaining Balance exceeds the Employee’s net salary payments it is further agreed that any outstanding balance shall be paid by the Employee by cheque to the Employer in full within 6 weeks of leaving the University. For the avoidance of doubt any Remaining Balance on the termination of the Employee’s employment shall be recoverable by the University as a debt. When this Agreement terminates (at the end of the 24 month period or such extended period as may apply in accordance with the above), the Employer shall contact the Employee to discuss what is to happen next. The Cycle Package should come with a manufacturer’s warranty and it is the Employee’s responsibility to check that this is the case. If any problems are experienced with the Cycle Package the Employee should contact the manufacturer and/or the supplier direct in relation thereto. The Employer has no responsibility for any defects in the Cycle Package and shall not be liable under any circumstances for any direct loss or any indirect, punitive, incidental, special or consequential damages or losses of any nature arising out of this Agreement. The Employee confirms that s/he has read and understood the details of the Cycle Scheme Bike to Work Initiative and agrees to and will abide by the terms of this Agreement and hereby authorises the Employer to make reductions to their salary in accordance with this Agreement. It is understood that the Finance Office must receive this Agreement duly completed and with the quotation form Cyclescheme attached to it for an application to be processed. Employee’s details: Name: ……………………………………………………………………. Address: …………………………………………………………………………………………. ………………………………………………………… Post Code:………………………………… Home Tel. No: ………………………………… Mobile Tel. No: …………………………… Signature: ……………………………………….. Payroll No:………………. (as it appears on your payslip) Please return the original of this Agreement duly signed and completed with the quotation from Cyclescheme attached to it and clearly marked Cyclescheme to:- Payments Office, Finance & Procurement
© Copyright 2026 Paperzz