Employment Contract - Lip
Employment Contract - Lip
EMPLOYMENT CONTRACT
THE PARTIES
-and-
WITNESSETH THAT:
i.
pg. 1
The employee shall be paid in cash every 15th and 30th day of the month,
and shall be deducted therein the EMPLOYEE’s Social Security, Philhealth
and PAG-IBIG contributions and other mandatory contributions as required
by law.
The amount of the above contribution shall be divided equally between the
EMPLOYER and EMPLOYEE.
WORK DAY: work day of the EMPLOYEE shall be eight (8) hours which
shall commence at 8:00 AM until 5:00 PM of the same day. Any work in
excess of the 8-hour work period shall entitle the EMPLOYEE for an
overtime pay.
The EMPLOYER shall determine and schedule the weekly rest day
of the EMPLOYEE and shall take into consideration of the latter’s
preference.
pg. 2
e. Where the nature of the circumstance requires continuous
operations and the stoppage of work may result in
irreparable injury or loss to the EMPLOYER;
pg. 3
ix. MEALTIME: The EMPLOYEE entitled to one (1) hour of meal time
which shall start at 12:00 PM to 1:00 PM, without prejudice to any
agreement between the parties to adjust the time of meals in case
of emergencies and other circumstances requiring the
adjustments.
The EMPLOYEE may also waive the meal time for an early time
out or for an overtime pay, subject to the approval of the
EMPLOYER.
pg. 4
3. CONDUCT OF DISCIPLINE
All existing as well as future rules and regulations, requirements and policies
issued by the EMPLOYER are hereby deemed incorporated with this
Contract. The EMPLOYEE recognizes that by signing this Contract, s/he
shall be bound by all such rules and regulations, requirements and policies
that EMPLOYER may issue from time to time.
4. DISCIPLINARY MEASURES
Upon signing this Contract, the EMPLOYEE agrees to terminate all other
business relationships or concerns that s/he may be personally involved
with, particularly those in connection with the industry to which the
EMPLOYER is currently engaged.
pg. 5
In case the EMPLOYEE has or is terminated during the period for this
deduction, the EMPLOYER may deduct the remaining balance to the last
salary due to the EMPLOYEE.
Aside from the just and authorized causes for termination of employment
enumerated under the Labor Code of the Philippines, as amended, the
following acts and/or omissions of the EMPLOYEE shall, without limitation,
similarly constitute just and authorized grounds for the termination of
employment by EMPLOYER and/or grounds for the EMPLOYER to impose
disciplinary measure on the EMPLOYEE.
pg. 6
x. Other similar acts, omissions, and/or event
This Contract may be terminated by the EMPLOYER for any of the foregoing
grounds by serving the EMPLOYEE concerned a notice of its intention to
terminate her/his employment and the particular acts or omission
constituting the ground for his/her dismissal. The EMPLOYEE may answer
the charges against her/him within seventy-two (72) hours from receipt of
such notice.
In the event that the EMPLOYEE wishes to terminate this Contract for any
reason, s/he must give thirty (30) days written notice to the EMPLOYER
prior to the effective date of termination.
Upon termination of this Employment, the EMPLOYEE shall promptly
account for, return, and deliver to the EMPLOYER all business property that
may have been assigned or entrusted to her/his care or custody.
pg. 7
Upon termination and during the term of this Contract, the EMPLOYEE
undertakes that no information pertaining to the business of the EMPLOYER
his suppliers, business plans, operations and other matters relating to such
business will be disclosed by EMPLOYEE to any other persons, whether or
not engaged in the same industry as that of the EMPLOYER.
Violation of this Non-disclosure agreement during and after the term of this
contract may be considered a just cause for the termination of the
EMPLOYEE, without prejudiced to whatever damages which the EMPLOYER
may suffer as a consequence of such violation.
Damages shall include actual and moral damages, attorney’s fees and other
expenses of litigation which the EMPLOYER may sustain by reason of such
disclosure.
9. RESTRICTIVE COVENANT
During the term of this Contract, the EMPLOYEE shall devote her/his best
efforts and her/his full/entire time to advance the interests of the
EMPLOYER, and s/he shall not, directly or indirectly be engaged in or be
concerned with any other commercial duties or pursuits whatsoever
especially those that are in conflict or in competition with the business of the
EMPLOYER.
This Contract represents the entire agreement between the EMPLOYER and
the EMPLOYEE and supersedes all previous verbal or written
communications, representations or agreements between the Parties.
In case of a breach of any of the undertakings set forth in this Contract, the
EMPLOYEE shall owe to the EMPLOYER, without any summons nor notice
of default nor court decree being required, liquidated damages equal to the
total remuneration paid by the EMPLOYER to the EMPLOYEE during the
last preceding month of the EMPLOYEE’s employment with the EMPLOYER,
plus attorney’s fees, costs of suit/litigation, all fees for legal counsel and any
other related expenses, and without prejudice to the right of EMPLOYER to
prove a higher damage/s, and to obtain the cessation of the damage and
compensation by any other legal means and remedies.
pg. 8
IN WITNESS WHEREOF, I have hereunto affixed my signature this
___________ at Tuguegarao City, Cagayan.
__________________ __________________
Employer Employee
__________________ __________________
ACKNOWLEDGMENT
This instrument consisting of NINE (9) pages, including the page on which
this acknowledgement is written, has been signed on each and every page
thereof by the concerned parties and their witnesses, and sealed with my
notarial seal.
pg. 9
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 2022.
pg. 10