Employment CONTRACT
Employment CONTRACT
Employment CONTRACT
________________ a company duly organized and existing in accordance with laws of the Republic of
the Philippines, with principal office at ___________________________________________________,
represented in this act by its owner, ________________________________, hereinafter referred to as
the EMPLOYER;
-and-
WITNESSETH: THAT –
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;
1. APPOINTMENT
Employee is hereby appointed as _______________ under probationary status for a period of three (3)
months reckoned from the first day of actual work.
2. COMPENSATION:
Employee will receive a gross basic monthly rate of PHP__________________, subject to withholding
tax, 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 and upon the recommendation
of the immediate manager and upon approval of management.
3. REGULARIZATION OF EMPLOYMENT
By the end of the three-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;
Upon regularization, Employee will be entitled to seven (7) days vacation and seven (7) days sick leave
for each year of actual employment, Employee is expected to accrue leaves before he can apply for it.
Since leave credits are not convertible to cash, Employee is strongly encouraged to use all leave credits
earned during the calendar.
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.
6. PLACE OF WORK
7. 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.
8. 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.
9. 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.
In the event Employee is separated or terminated from employment for whatever reason, he shall not
seek employment in a local or foreign firm engaged in a business similar to that of the Employer nor
establish or set up a business offering similar services for a period of one (1) year from date of separation
or termination unless with the consent of the Employer.
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.
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:
customers. 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.
13. 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.
14. 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 of the following grounds, inter alia:
Inefficiency;
Incompetence;
Tardiness;
Insubordination;
Just and authorized causes enumerated in Article 282. 283. And 284 of the labor code;
Employee’s affixing of his signature on the herein Employment contract means that:
1. Employee has read and fully understood the terms and conditions hereof and accepts the same;
2. 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.
___________________ ______________________
Employer Employee
By:
________________________
Owner
_____________________ _____________________
ACKNOWLEDGMENT
_____________________ ) SS.
including this page where the Acknowledgment is written and they acknowledged to me that the same is
their free and voluntary act and deed.
WITHNESS MY HAND AND SEAL at the place and on the date first-above written.
Series of _______.