CONGRATULATIONS! You are now part of, XXX Inc. You have successfully passed our employment requirements.
On your representation that you have the necessary qualifications and skills and that you are physically and medically qualified for the job you applied for, we are employing you on a specific term basis as ACCOUNTING CLERK under the following terms and conditions:
1. Your employment will be for a period of five (5) months only from May 11, 2010 to October 10, 2010. The company shall have the option of renewing or extending the period of this agreement on or before October 2, 2010 for such time as may be necessary. Moreover, the company reserves the right to suspend the effectivity of this agreement during times when there are no business operations or work therein, such as but not limited to temporary shutdowns to undertake repair or maintenance work, or to conduct inventory of stocks / materials.
2. You hereby agree to perform the duties and responsibilities assigned to you by the company. You further agree to abide by the company personnel rules and regulations, and it shall be your duty to study and know these by heart immediately upon employment. You also agree to refrain, during your employment with the company, from working for another firm or entity which employment shall be considered prejudicial to the interests of the company or which will interfere with the performance of your job, whether within or outside company hours, without the prior written consent of the company. You also consent to give immediate notice to the company of any claim, which you may have arising from this agreement, and to exhaust all available administrative remedies within the bounds of company rules and regulations before filing the same with the government entities.
3. At anytime during the period of this agreement, or any extension thereof, the company may terminate this agreement under any of the following situations, to wit:
a) If the company subsequently finds that you are not qualified, competent nor efficient in the above-stated position for which you are hired;
b) If your performance does not satisfy company standards;
c) If the company later on finds that you are physically and medically unfit for the job;
d) If you shall violate any of the company’s rules and regulations; and
e) If you commit a breach of the terms and conditions of this agreement.
The company further reserves the right to terminate your services at any time, even prior to the expiry of the term mentioned in this agreement, under circumstances and conditions recognized by law and jurisprudence on the matter.
4. Should you decide to pre-terminate this contract of services prior to its expiration date or violate this agreement in any manner, all monetary dues such as cash bonds and other benefits due you shall be forfeited in favor of the company as liquidated damages due to breach of contract. In addition, you shall be obligated to reimburse the expenses of the company for your training and development. Moreover, in the event that the company is compelled to initiate any legal action against you for the breach of this agreement, you shall be held liable for the payment of attorney’s fees and litigation expenses in the amount of not less than Fifty Thousand Pesos (Php50, 000.00).
5. You will render eight (
hours of work every day in accordance with the working hours of the company. You shall not perform any work outside of the assigned time or in excess of eight (
hours a day without the express written consent of the duly designated officers.
6. For each full eight-hour work, you will be paid in accordance with law.
7. The company shall not be responsible for any expenses you may incur in the execution of the duties of your position unless the duly authorized officers, prior to the incurrence of such expenses, duly authorizes the same in writing.
8. You shall be accountable for all the equipment, supplies and materials issued to you during your employment, which you shall immediately surrender to the company if requested during the employment period, or at the expiration of the said period whether or not requested.
9. This employment does not entitle you to vacation and/or sick leaves, separation pay, nor to any other benefit that is or may hereafter be granted to regular or permanent employees, except those which the company, as a matter of policy and upon its discretion, extends to all employees regardless of status.
10. You agree that all the records and documents of the company and all information pertaining to their business or affairs are confidential, and no unauthorized disclosure or reproduction of the same will be made by you at any time during or after your employment with us.
11. It is expressly agreed and understood that there are no verbal agreements or understandings between you and the company or any of its agents or representatives affecting this agreement and that no alterations or variations of the terms hereof shall be binding upon either party to this agreement unless the same are reduced to writing and signed by you and the company.
12. You agree that the venue for any action arising directly or indirectly from this agreement shall be brought in the courts and administrative agencies in the City of Cebu to the exclusion of all other courts and administrative agencies located elsewhere.
Your signature below in the space provided hereunder will denote your understanding and acceptance of the foregoing terms.
Very truly yours,
XXX INC.
By:
HR Officer
Noted By:
Manager
I hereby acknowledge receipt of the original of this letter-agreement and that I voluntarily and freely agree to all the terms stated therein. I further acknowledge that the entire agreement was fully explained to me in a language/dialect, which I understand.
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Signature
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Date
\---note: we were not provided a copy of this contract. all of us.
IS THIS EMPLOYMENT CONTRACT VALID?