Hi Atty,
Thank you po sa reply.
Some of my friends told me not to pay for the bond.
ito po ung mga nakalagay sa contract. baka po pwede ninyo ako bigyan ng comments ninyo.
WHEREAS, the COMPANY considers it necessary for the EMPLOYEE to undertake training in LEADERSHIP to qualify, hone and be equipped leaders that can effectively handle the organization, refine leadership and intrapersonal skills
WHEREAS, the COMPANY agrees to train the EMPLOYEE.
WHEREAS, the COMPANY has selected the EMPLOYEE to undertake said training, subject to the terms and conditions hereinafter specified and the EMPLOYEE hereby accepts his/her selection, subject likewise to the terms and conditions herein specified.
NOW, THEREFORE, for and in consideration of the foregoing premises and the mutual covenants hereinafter enumerated, the parties hereto mutually agree as follows:
1. The EMPLOYEEE shall undergo training on LEADERSHIP in ********, INC. on September 22 to December 14, 2017 at 2nd Floor Conference Room Main Bldg of ***** Industries, Inc., Employer address, Meycauayan City, Bulacan.
2. The EMPLOYEE agrees to be bound by the performance requirements of such training as set forth including the existing qualifications and performance standards of COMPANY.
3. The EMPLOYEE, for the duration of his/hertraining shall:
a. Maintain the necessary standards of his/her training.
b. Conform to all the rules and regulations prescribed by the COMPANY.
c. Conduct himself/herself in such a manner as not to bring disgrace to
himself/herselfand the COMPANY.
d. Diligently complete the training within the prescribed time;
e. That he/she will not during the training engage in any activity which the COMPANY considers not to be in the EMPLOYEE's interest in relation to the COMPANY;
f. Comply with such instructions as directed by the COMPANY;
4. The COMPANY will provide the training cost for the following: training fees and salaries during training with a total value of Ninety thousand pesos (Php 90,000.00) (hereinafter referred to as "the Expenses").
5. During and after the training the EMPLOYEE shall not divulge to any person or persons unless expressly authorized by the COMPANY any trade secrets, materials, operational procedures, methods, know how, techniques and processes, any information concerning the business affairs, finances or strategies, any confidential report or research commissioned by or on behalf of the COMPANY or any of its respective clients in connection with the business or affairs of the COMPANY or its subsidiary companies or any other information confidential to the COMPANY or its subsidiary companies, suppliers , or clients.
6. The COMPANY has the right to revoke or terminate this Agreement if at any time during the training the EMPLOYEE is guilty of any of the following:
a. Misconduct;
b. Engaging in political or unauthorized activities resulting in activities that in the discretion of the COMPANY are inconsistent with the purpose of the training;
c. Abandons the training before the completion thereof;
d. Any breach by the EMPLOYEE of any of the provisions of this Agreement and/or his Employment Contract.
In any of the abovementioned circumstances, the EMPLOYEE shall cease to have any claim to any benefits of this Agreement and shall be liable to pay agreed liquidated damages being a sum equivalent to the Total Expenses.
7. Upon satisfactory completion of the training period, the EMPLOYEE shall immediately report to the COMPANY for work assignment without any delay.
8. After completion of his/her training, the EMPLOYEE shall be bound to work with COMPANY for a period of not less than three (3 ) years.
9. During and after the training period, the EMPLOYEE shall be prohibited to train in other companies or to be gainfully employed in other companies or be self-employed.
10. The EMPLOYEE completely agree that he shall refund and/or pay the COMPANY in the form of liquidating damages a sum equivalent to the total expenses as may have been spent by it including other expenses incident to his training, for failure to comply with the foregoing conditions through his fault , neglect, resignation, or other causes within his control (i.e. an employee whose services was terminated for violation of the Code of Employee Discipline). In no case shall proportionate refund be allowed.
11. The EMPLOYEE expressly agrees that in case of no. 10, refund shall be automatically deducted by the COMPANY from any amount receivables by the former to the latter in relation to his employment without need of any further demand or authorization.
12. Any balance of payment after deduction under no.11 which the EMPLOYEE is liable to pay to the COMPANY under this Agreement shall be paid within five (5) days from the date of written notice by the COMPANY to the EMPLOYEE demanding payment. A notice sent to the EMPLOYEE's last known address by registered mail shall be deemed to be sufficient.
13. The EMPLOYEE hereby declares that he has read the contents hereof , the agreement was explained to him in a language that he understands and enters into this Agreement willingly, voluntarily and with full knowledge and understanding of his rights under the law.
pakicomment naman po nakalagay sa #9, #10 and #11.
may mga training bonds po ako ganyan structure pero willing po ako bayaran kasi nagamit ko naman sa work at nakapagcontribute naman ako, pero itong leadership training na ito I feel like it is unfair.