A Company Vehicle Lease Agreement is a legally binding contract between a company and a lessee that outlines the terms of leasing a vehicle from the company. This agreement should include all necessary information about the arrangement, such as payment details, lease duration, which party is responsible for taxes and insurance, and any other relevant information. The purpose of this agreement is to provide surety and clarity around all aspects of the lease in order to benefit both parties. It is essential to have a clearly drafted agreement in place in order to avoid any potential disputes or misunderstandings.