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Form No.
3--Employment
Contract with Confidentiality Non Disclosure Clause
(Employment
Contract with Confidentiality Non Disclosure Clause)
AGREEMENT
KNOW ALL MEN
BY THESE PRESENTS:
This Agreement entered into by and between:
_____________, a domestic
corporation duly organized and existing under and by virtue of the
laws of the Republic of the Philippines, with principal office at
_____________, and represented in
this act by its __Position__,
__Name of Officer__,
(hereinafter referred to as the "COMPANY");
- and -
_____________ of legal age,
Filipino, (single / married / widow),
and a resident of _____________,
Philippines, (hereinafter referred to as the "Business Development
Officer (BDO)"
W I T N E S S
E T H: That -
1. The
Business Development Officer shall make available his services,
knowledge, training and skill to COMPANY and agree to undertake the
Scope of Services to wit:
a) To
identify new ventures, projects, productions or investments for
COMPANY, to advise on profitability of the same and to assist in
their planning, development, and implementation;
b) To
assist in the improvement, development and implementation of
existing ventures and projects of COMPANY;
c) To
devise ways and means to ensure the profitability of the said
ventures, projects, productions or investments;
d) To
negotiate with prospective clients in behalf of COMPANY, subject
however to prior authority from the President;
e) To make himself available to go on business
trips to other cities, provinces or areas where COMPANY has existing
or prospective projects and to accept any assignment to another
location, if and when so requested by the President as may be
dictated by business exigencies.
f) To
perform such other functions or tasks as may be assigned to him by
the President.
2. The
Business Development Officer understands and agrees that all records
and documents of COMPANY and all information, data, procedures or
processes pertaining to the business or affairs of COMPANY or that
of its clients are absolutely confidential and he shall not disclose
or divulge any such information or data to any person or entity
without the prior clearance of the President, even after the
termination of this Agreement. Breach of this confidentiality shall
render the Business Development Officer liable for criminal and
civil liabilities under the applicable laws and shall be a cause for
the immediate termination of this Agreement;
3. For and in consideration of the Services to
be rendered, COMPANY shall pay the Business Development Officer a
gross monthly remuneration of
__________________________ (P__________)
payable every 15th and 30th day of each month;
4. The Business Development Officer shall not
engage in or have any share or ownership in a business or
occupation which may render himself a competitor of the COMPANY nor
act or enter into any transaction which may, in any manner compete
or help any person to compete with COMPANY or with any of its
businesses;
5. The Business Development Officer shall not
use his position for your own personal benefit;
6. In case the Business Development Officer
intends to resign from COMPANY, he is required to submit a thirty
(30) day written notice prior to the effectivity of such
resignation, otherwise, failure on his part to do so will render him
liable for damages. However, it is within the sole discretion of
the Company whether or not to accept such resignation earlier
than the expiration of said period.
7. This
Agreement shall be effective for a fixed period from
_____________ to
_____________.
IN WITNESS WHEREOF, the parties have hereunto set their hands
this _____________ at
_____________, Philippines.
COMPANY Business Development
Officer
By: General
Manager
__________________
SIGNED IN THE PRESENCE OF:
__________________ __________________
(ACKNOWLEDGMENT)
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