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The Employee Guarantor Form is commonly used in Hong Kong business contexts where employers seek additional security for potential risks associated with employee positions involving financial responsibility, access to valuable assets, or significant decision-making authority. This document is particularly relevant in situations where employees handle large sums of money, have access to valuable inventory, or hold positions of significant trust. The form creates a legally binding guarantee under Hong Kong law, where a third party (typically an individual or corporate entity) agrees to be liable for any losses, damages, or unfulfilled obligations of the employee. The document is structured to comply with Hong Kong's Contract Ordinance and related legislation, ensuring enforceability while protecting all parties' interests through clear definition of the guarantee's scope, duration, and enforcement mechanisms.

1. Parties: Identifies the employer (creditor), employee (principal debtor), and guarantor

2. Background: Brief context explaining the employment relationship and need for guarantee

3. Definitions: Defines key terms used in the document including 'Guaranteed Obligations', 'Employment Agreement', etc.

4. Guarantee and Indemnity: Core section detailing the guarantee obligations and indemnity provisions

5. Scope of Guarantee: Specifies exactly what obligations are covered by the guarantee

6. Duration: Specifies the term of the guarantee and any conditions for termination

7. Guarantor's Representations and Warranties: Statements confirming guarantor's capacity and authority to provide the guarantee

8. Enforcement: Procedures and conditions for enforcing the guarantee

9. Governing Law and Jurisdiction: Confirms Hong Kong law governs and Hong Kong courts have jurisdiction