CDL Assistance Program
Windstar Lines, Inc. will provide the training and equipment to help drivers obtain their Class B CDL and Passenger Endorsement at a cost of $2,400. Windstar Lines will loan the new-hire $2,400 for assisting/training a new hire to obtain his/her Class B CDL with (P) Endorsement. All or a portion of this loan may be forgivable or reimbursable depending upon the new hires days worked and length of employment. The $2,400 will be paid off by the new-hire at the rate of $200/month for the duration of the new-hires employment with Windstar Lines until the loan is paid in full. If your employment with Windstar Lines, Inc. is terminated, whether voluntarily or involuntarily, you are still liable to Windstar Lines, Inc. as Lender for any outstanding payments and/or loan amount.
To help offset the $2,400, Windstar Lines, Inc. will provide new-hires under this program, a monthly bonus of $200 for one year provided they are driving an average of 4 days per month or 50 days per year. If employee does not drive 4 days in a given month, the $200 bonus will not be earned. The employee can extend the agreement up a maximum of 3 months or can drive additional days in the next month so the average over the 2 months is 4 per month, to earn the $200 bonus.
Driver Name: Branch Location:
Amount that will be deducted from total as long as employee drivers 4 days per month or 50 days per year = $100 per pay period
Payment Data (who deduction is to be paid to):
Windstar Lines Inc, PO Box 786, Carroll, IA 51401
By your electronic signature, you agree to this loan. You agree that you, as the borrower, are solely and ultimately responsible for payment(s) to the Lender. If your employment with Windstar Lines, Inc. is terminated, whether voluntarily or involuntarily, you are liable to the Lender for any outstanding payments and/or loan amount. This Agreement may be terminated at any time by submitting a written request to Windstar Lines, Inc. Payroll Services.
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Document Name: CDL Assistance Program
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