Contract of Employment: Know All Men by These Presents

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CONTRACT OF EMPLOYMENT

KNOW ALL MEN BY THESE PRESENTS:

This agreement is entered into by and between;

Princess Jaidee Enterprises, a sole proprietorship duly organized and


existing in accordance with laws of the Republic of the Philippines, with principal
office at Fajardo Building, Callenueva Street, Brgy. Polvorista, Sorsogon City
represented in this act by its owner/manager, Jonnie Detera, hereinafter referred
to as the EMPLOYER;

-AND-

(state name of employee), of legal age, Filipino and a resident of (state


address), herein referred to as the EMPLOYEE.

WITNESSETH: THAT –

WHEREAS, the Employer is engaged in (type of business);

WHEREAS, Employee manifests and guarantees that he/she possesses the


requisite qualities and competencies needed by the Employer in the conduct
and course of its business;

NOW THEREFORE, the parties hereby agree as follows:

1. APPOINTMENT

Employee is hereby appointed as (job title) under probationary status


for a period of six (6) months reckoned from the first day of actual work.

2. COMPENSATION:

Employee will receive a gross basic monthly rate of


PHP__________________, subject to SSS premiums, Pag-ibig contributions,
Philhealth dues and other government-required deductions. In addition,
EMPLOYER will pay the mandatory 13th month salary at the end of each
calendar year and EMPLOYER may at its discretion provide performance
bonuses. Annual and incremental salary adjustments and merit increases
may be effected on a case to case basis upon the recommendation of
the immediate supervisor/manager and upon approval of
management.
3. REGULARIZATION OF EMPLOYMENT

By the end of the six-month probationary period, depending on the


recommendations of the immediate supervisor/manager, Employee will
become a regular employee of the company entitled to all company
benefits and privileges enjoyed by regular employees;

4. DUTIES AND RESPONSIBILITIES

Employee shall perform the duties and responsibilities that his position
or job necessarily entails, as may be contained in his job description or as
may be reasonably assigned to him by the company from time to time.
The specific duties and responsibilities of Employee are contained in the
corresponding Scope of Work and Job Description, which herein
Employee acknowledges to have read and understood as a condition
for his regularization and entitlement to other benefits and promotion.

Employee is obliged to perform his duties loyally, independently and


industriously to help meet the goals and objectives of the Company and
is expected to carry out these responsibilities to the best of his knowledge
and abilities in order to protect and advance the interests of the
Company, its principals, and its employees.

5. PLACE OF WORK

Employee’s primary place of work will be _________________.


Employee agrees that Employer may transfer him to any other location
as may be required by the exigencies of the business, the organizational
requirements of the company and the responsibilities of Employee’s
position. Employee may be required to travel from time to time.

6. HOURS OF WORK

Employee shall render a minimum of eight (8) hours of work per day
and report for work at least five (5) days per week. It is understood that
Employee is being employed with a level of confidence and degree of
responsibility that may further require him to render work beyond normal
business hours for which Employee may be justly remunerated.

7. OVERTIME WORK

In case the demands of business or the company would require


Employee to work more than his regular work schedule, he may be
required to render overtime work and shall be entitled to overtime pay
as provided by law. Overtime work is not compensable for managerial
employees unless otherwise declared by management.

8. DECORUM

Employee shall observe and comply with all company rules and
regulations written or otherwise. Employee shall devote his entire working
time to the Employer and shall have no direct or indirect interest in any
firm or entity, whether for profit or not, directly in competition with or
offering the same services as Employer nor shall Employee take any
interest that is conflicting or inimical to Employer.

9. NON-COMPETITION AFTER EMPLOYMENT

In the event Employee is separated or terminated from employment


for whatever reason, he shall not seek employment in a local or foreign
firm doing business in the Philippines nor establish or set up a business
offering similar services for a period of one (1) year from date of
separation or termination, without the prior notice to Employer.

10. INTELLECTUAL PROPERTY

The Company shall be entitled to sole ownership of any intellectual


property rights including but not limited to software programs, hardware
specifications and other property rights created, developed and
discovered by Employee while in the course of his employment with the
Company, including all registrations for the same.

11. NON-DISCLOSURE AND CONFIDENTIALITY

Employee acknowledges and confirms that this contract must


remain confidential. Except as may be legally required by competent
authority or applicable statutes, the parties hereto shall not make any
unauthorized disclosures of the terms and conditions embodied in this
contract.

In order to safeguard the Company’s interest and the confidentiality


of its business and affairs, Employee agrees that during the term of his
employment and from and after the actual cessation of his employment
he shall maintain strict confidentiality and shall not disclose any
technical, business, financial or commercial information, methods,
processes, inventions (whether covered by intellectual property
protection or not or whether marked confidential or not) including but
not limited to: customer lists or requirements, price lists, pricing structures,
marketing and sales information, business plans or dealings, employees
or officers, financial information, product lines, research activities, plans,
designs and formula, whether authored by employee or otherwise.

Failure to comply with this confidentiality undertaking shall be


construed and considered as gross Misconduct and shall be deemed a
ground for the termination of his employment.

12. UNDERTAKING

Employee shall work exclusively for the benefit of the company.


Employee warrants that he shall comply with all his undertakings and
obligations set forth in this Contract and shall indemnify Employer of any
actual losses, damages, costs and expenses, including attorneys’ fees
incurred as a result of the breach of this Agreement or his willful act,
omission, fraud or negligence.

13. TERMINATION

Employer reserves the right to terminate or cancel this Contract after


observing due process for just or valid causes. Termination may be due
to any. But not necessarily limited to the following:

 Inefficiency;
 Incompetence;
 Tardiness;
 Insubordination;
 Breach of confidentiality and non-disclosure
 Violation of company’s intellectual property rights
 Just and authorized causes enumerated in Article 282. 283.
And 284 of the labor code;
 Other causes provided in the Company Rules and Regulations;
and
 Other analogous causes.

14. ACCEPTANCE OF TERMS AND CONDITIONS OF EMPLOYMENT

Employee’s affixing of his signature on the herein Employment


contract means that:

a. Employee has read and fully understood the terms and


conditions hereof and accepts the same;
b. The terms and conditions for the regularization of his
employment have been clearly communicated to and
accepted by him/her at the time of his engagement.

IN WITNESS WHEREOF, we hereunto affix our signatures on the date and at


the place first above written.

PRINCESS JAIDEE ENTERPRISES ___________________________


Employer Employee

By:

Jonnie Detera
President

Signed in the presence of:

_____________________ _____________________

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in the Province of Sorsogon personally
appeared to me Jonnie Detera exhibiting his identification card with serial No.
_____________ issued on _____________ at _____________ and
______________________ exhibiting his identification card with serial No.
_____________ issued on _____________ at _____________, known to me and to me
known to be the same person who executed the foregoing instrument which they
acknowledged to me as their free and voluntary act and deed, consisting of only
five(5) pages, including this page in which this Acknowledgement is written, duly
signed by them and their instrumental witnesses on each and every page hereof.

WITHNESS MY HAND AND SEAL at the place and on the date first-above
written.

Doc. No._______;
Page No._______;
Book No._______;
Series of________.

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