INSTALLMENT PLAN AGREEMENT Log Number _______________________ Name ______________________________________________ Account Balance ___________________ Doing Business As ___________________________________ Amount of Offer ____________________ Employer Payroll Tax Account Number __________________ Date ______________________________ I promise to satisfy the amount offered, by paying the sum of $ ___________________________________. I understand that the initial payment of $ _________________ is due on ___________________________. Subsequent installments in the amount of $ ________________ will be paid on the same day of each succeeding ____________________________________________ until the entire amount has been paid in full. I further understand that failure to pay as promised will result in termination of the Offer in Compromise, and monies paid to the Employment Development Department will be applied against the total liability. I certify that I have read and fully understand the conditions and terms of this agreement as stated on the Installment Plan Information Sheet. ___________________________ ___________________________ ___________________________ Signature Title Date DE 999D Rev. 2 (2-19) (INTERNET) Page 1 of 2 CU |
INSTALLMENT PLAN INFORMATION SHEET INTRODUCTION The Offer in Compromise program allows for installment payments under an agreement not to exceed five years. ABILITY TO PAY An installment plan will be considered ONLY if you demonstrate the inability to pay the compromised amount in full. REQUIREMENT OF PARTIAL PAYMENT Your offer must not exceed a five year period. Payment must be submitted in the form of cash (do not send cash through the mail), cashier’s check, or money order. All payments made with this offer are submitted voluntarily. In the event an offer is not accepted, the amount will either be applied to the liability or refunded at the discretion of the employer or individual submitting the offer. When entering into a partial payment agreement to satisfy the amount offered and the applicant defaults, the agreement will be rescinded. All compromised liabilities and liens will be reestablished without regard to the statute of limitations. All monies paid on the compromised amount will be applied to the reestablished liability. DE 999D Rev. 2 (2-19) (INTERNET) Page 2 of 2 |