3 Regular Employment Contract
3 Regular Employment Contract
3 Regular Employment Contract
Date: ______________
Name: ______________
Address: ______________
POSITION/DESIGNATION : __________________________________
a. ________ - _______________________________
b. ________ - _______________________________
c. ________ - ________________________________
1. Any other benefits such as, without limitation, ____, ____, _____ and ____
including bonuses, allowances and incentives that may be given by the Company,
other than those mandated by law, are subject to terms and conditions as may be
set forth in the existing or future policies of the Company and are understood to be
entirely discretionary and voluntarily given on its part, and is not guaranteed to be
given on a regular basis. You agree and acknowledge that, unless you are informed
in writing that a benefit or item of compensation will be provided by the Company
on a regular basis, any and all payments or benefits received by you in relation to
or during your employment with the Company is a discretionary benefit, which
you have no right to demand from the Company. These discretionary benefits
shall not form part of the terms and conditions of your employment, and may be
terminated, eliminated, reduced, modified, or replaced depending on business
considerations, market conditions, and financial performance of the Company.
Any existing or future policy of the Company granting such benefits, bonuses,
allowances or incentives may, from time to time, be amended, modified, reduced
or eliminated at the sole discretion of the Company
For client: We advise that the existing or future policy itself must
clearly state the grant of a particular benefit granted therein is
discretionary on the part of the Company and not a regular or
permanent benefit and that the terms and/or grant may be amended,
modified, or terminated by the Company.
2. By signing this Contract, you consent and agree, upon request from the
Company, to undergo, at a government-accredited institute to be nominated by the
Company, a medical/drug test at your expense. This is to be carried out for
purposes of determining your physical/mental fitness to perform the functions of
the job.
5. Further, by signing this Contract, you consent and agree, upon request from
the Company, to undergo, at a government-accredited institute to be nominated by
the Company, a medical/drug test at your expense. This is to be carried out for
purposes of determining your physical/mental fitness to perform the functions of
the job.
6. You shall give your entire time and attention to the work assigned to you
during the established working hours of the Company and you shall be paid the
salary and other monetary benefits above-stated.
7. You agree to abide by all Company rules and regulations, which it shall be
your duty to study and know immediately upon hiring, and to refrain, during your
employment with the Company, from working for another employer or from
engaging in any activity which is prejudicial to the interests of the Company,
which will interfere with the performance of your job, whether within or outside
your working hours, without the prior written consent of the Company.
8. You agree to abide by the established working hours of the Company. The
normal work period shall be eight (8) hours per day, six (6) days per week. You
may be required to render work beyond the normal working hours subject to the
Company’s overtime policies. However, you shall not perform any overtime work
unless specifically directed in writing by your supervisor in each instance.
11. You agree that all records and documents of the Company and all
information pertaining to its business or affairs are confidential, and that no
unauthorized disclosure or reproduction of the same will be made by you at any
time during or after your employment with us.
12. You agree that all the Company records, documents, properties and
equipment in your custody or control shall be immediately surrendered to the
Company, if requested during the employment period, and at the termination
thereof, whether or not requested.
13. You agree that, during the term of your employment contract and for one (1)
year after the termination thereof, you shall not within the Philippines, directly or
indirectly, engage in business similar to the Company's business, nor engage in any
other employment, activity or business which would compete or conflict with the
business of the Company. You agree that any violation of this clause will cause
damage to the Company for which you shall be held liable.
14. In addition to expiration of the service, the Company may terminate this
Contract at any given time due to any of the following;
You agree that the contents and provisions of this Contract have been
explained to you and that you have read and understood the same.
We welcome you into our organization and trust that your association with
us will be mutually beneficial.
Your signature in the space provided hereunder will signify your voluntary
acceptance of the foregoing terms.
Yours sincerely,
________________________________
____________________
PRESIDENT
I hereby confirm that I have received the original letter of this Contract of
Regular Employment, read and understood all the above terms and conditions of
this Agreement. I accept the offer and the terms and conditions of employment
with the Company as outlined in this Contract of Regular Employment.
_______________________
Signature over Printed Name
Witnessed by:
_______________________
Signature over Printed Name
This Agreement entered into this ___ day of ______ 2020 at ______,
Philippines.