CONTRACT OF EMPLOYMENT

KNOWN ALL MEN BY THESE PRESENTS:

This Contract of Employment (the “Contract”) is executed by and between:

______________, of legal age, and a resident of ____________________ (the “Employer”)

-AND-

______________, of legal age, Filipino and a resident of ______________ (the “Employee”)

WITNESSETH:

WHEREAS, the Employer is engaged in the business of providing manpower services to its Clients
(the “Principals”);

WHEREAS, the Employer desires to obtain the benefit of the services of the Employee, and the
Employee desires to render such services;

NOW THEREFORE, in consideration of the mutual covenants and stipulations, parties enter into a
Contract of Employment under the following terms and conditions:

1. JOB TITLE. The Employee shall be employed as a Virtual Assistant. The Employee is required to
perform the following duties and undertake the following responsibilities in a professional manner:
a.
b.
c.

2. COMPENSATION. The Employee is entitled to an hourly rate of:

Compensation shall be payable weekly/monthly. All reasonable expenses arising out of employment
shall be reimbursed assuming same have been authorized prior to being incurred and with the
provision of appropriate receipts.

3. PROBATIONARY PERIOD. It is understood and agreed that the first six (6) months of employment
shall constitute a probationary period during which period the Employer may, in its absolute discretion,
terminate the Employee's employment, for any reason without notice or cause. The Employee shall
be regularized after the Probationary Period upon performance evaluation and upon successfully
compliance with the following standard/criteria:
a. Competence in the assigned work/job;
b. Industriousness
c. Diligence
d. Efficiency
e. Faithful compliance policies, rules, regulations, instructions and guidelines
f. Working attitude and relation with superior (s) and co-workers; and
g. Loyalty to the Company

Violations of company policies, rules, regulation, instructions, and guidelines or unsatisfactory

4. BENEFITS. The Employee shall be entitled with the benefits provided by law such as Social Security
System (SSS); PhilHealth, and Pag-ibig Fund. In relation, the Employee hereby authorizes the
Employer to deduct the premiums applicable in the preceding benefits. Other benefits may be provided
by the Employer from time to time at his/her/its own discretion;

5. TERMINATION.
a. BY THE EMPLOYEE. The Employee may at any time terminate this agreement and his/her
employment by giving not less than fifteen (15) days written notice to the Employer. Should
no 15-day notice be given, the Employee shall be considered AWOL and shall be liable to pay

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 the Employer equivalent to the days unworked or the actual losses of the Employer due to
his/her unauthorized absence, whichever is higher.
b. BY THE EMPLOYER. The Employer may terminate this Agreement and the Employee’s
employment at any time, without notice or payment in lieu of notice, for just cause. Further,
the Employer may terminate the employment of the Employee at any time without the
requirement to show sufficient cause, provided the Employer pays to the Employee the
Separation Pay as provided by law. This payment shall constitute the Employee’s entire
entitlement arising from said termination.

The employee agrees to return any property of the Employer at the time of termination.

6. NON-SOLICITATION. During term and following the termination of this Contract, whether the
termination shall be voluntary of with or without cause, or whether the termination is solely due to
the expiration of the term of the Contract, the Employee shall not, in any manner or at any time, solicit
or encourage any person, firm, company, or other business entity who are clients, business associates
or referral sources of the Company to cease doing business with the Company or to do business with
the company or to do business with the Employee.

7. NON-COMPETITION. Following the termination of this Contract, whether the termination shall be
voluntary of with or without cause, or whether the termination is solely due to the expiration of the
term of the Contract, the Employee shall not, in any manner or at any time, work for a competitor in
a similar role within two (2) years. The Employee shall likewise not engage or invest in any business
that is of the same nature as the Employer, whether as a principal or for its own account, or as a
shareholder or other equity owner.

8. NON-POACHING. Following the termination of this Contract, whether the termination shall be
voluntary of with or without cause, or whether the termination is solely due to the expiration of the
term of the Contract, the Employee shall not, in any manner or at any time, hire his/her former co-
workers or encourage them to leave the company and engage in a business similar to the Employer.

9. NON-DISCLOSURE. The Employee shall not, under any circumstances, divulge to any third person
or institution, for money or otherwise, any trade secrets of confidential business material of Employer
as well as personal information about the Employer that Employee has come in contract with, either
because of the position he held in the company or in any come in any other event or circumstance,
during the entire term of the employment and even after the termination thereof. Violation of this
condition shall give the right to Employer of bringing legal against Employee and the latter shall be
liable for liquidated damages in the amount of One Million Pesos (Php1,000,000.00).

10. INDEMNIFICATION. The Employee hereby agrees to indemnify and hold the Employer or any of its
authorized representatives harmless from and against any loss, claim, damage, or expense and/or all
cost prosecution or defense of their rights, whether in judicial proceedings, including appellate
proceedings, or whether out of court, including without limiting the generality of the foregoing
attorney’s fees and all cost and expenses of litigation, arising from our growing out of the Employee’s
breach or threatened breach of any covenant contained in this Contract.

11. VOLUNTARY CONTRACT. All the terms and conditions of this Contract have been full explained and
translated to the Employee in the dialect understandable to the Employee and that the latter
acknowledges that the act of being bound by this contract with the Employer is voluntarily and
intelligently done.

12. ENTIRE AGREEMENT. This agreement contains the entire agreement between the parties,
superseding in all respects any and all prior oral or written agreements or understandings pertaining
to the employment of the Employee by the Employer and shall be amended or modified only by written
instrument signed by both of the parties.

13. SEVERABILITY. The parties hereto agree that in the event any article or part thereof of this
agreement is held to be unenforceable or invalid then said article or part shall be struck and all
remaining provision shall remain in full force and effect.

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 14. LAWS AND VENUE. This agreement shall be governed by the laws of the Republic of the Philippines
and all suits arising from this contract shall be exclusively filed before the proper court of justice in
the City of Iloilo, Philippines.

IN WITNESS WHEREOF, parties affix their signatures this __________________ in Iloilo City
Philippines.

________________________ ______________________
Employer Employee

SIGNED IN THE PRESENCE OF:

_______________________________ __________________________________
Witness Witness

ACKNOWLEDGMENT

Republic of the Philippines)

Before me, a Notary Public in the City of Iloilo personally appeared the parties above-mentioned who
were identified through their competent evidence of identity, as follows:

NAME COMPETENT PROOF OF ISSUED BY/ISSUED ON

This instrument refers to a Contract of Employment consisting of three (3) pages including the page on which
this acknowledgment is written, has been signed on the left margin of each and every page by the parties and
their instrumental witnesses.

WITNESS MY HAND AND SEAL on the place and the day above-written

Doc. No. ____; NOTARY PUBLIC