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“ASSIGNMENT OF EMPLOYMENT AGREEMENT”

This ASSIGNMENT OF EMPLOYMENT AGREEMENT (this "Agreement") for


_________________________________(Assigned Employee) is entered into between by
________________________________________, (“Assignor Employer”) represented by its Vice
President, _____________________, with principal address at ________________________Sen Gil
Puyat Ave. Makati City and _________________________________________________ (“Assignee
Employer”), represented by its President, ______________________________, with principal
address at ______________________________, Tamuning, Guam 96913.

Each of Assigned Employee, Assignor Employer and Assignee Employer may be referred to
individually as a “Party”, and together they may be referred to as the “Parties”.

That in relation to the ongoing system integration of Technology Package of


_______________________________________(the Project) from March 1, 2013 to June 30, 2014 in
Dededo, Guam:

1. ___________________ and _____________________ have entered into a mutual


agreement as contractor and subcontractor, the latter providing the Systems
Integration Design and Engineering, and Engineering Services for the contractor for
said period;
2. _______________________________ has been hired by ______________________ as full-
time Site Project Manager required to be on the project site from integration phase up
to ___________________, represented on the island as part of
______________________ project management team;
3. That in compliance with the US Commission on Immigration standards, any foreigner
working and staying in the island for more than 180 days per year, should have
appropriate legal working documents, and be registered with the Department of
Labor and Employment in Guam; and,
4. That for the SOLE PURPOSE of getting Mr. ______________________ his working Visa
to legitimize his stay on Guam;

The parties mutually agree to ASSIGN THE EMPLOYMENT of Mr. ____________________,


from ___________________ to __________________, effective ___________________.

Having entered into this arrangement, the following are agreed upon by the Assignor Employer
and Assignee Employer:

1. The same remuneration package, benefits and arrangement, signed into by Assigned
Employee from Assignor Employer shall still take effect from _____________________;

2. The period of service shall be for the duration of the construction project or for two (2)
years, whichever occurs first. This agreement may be continued in cases where an
extension of stay has been sought by the Assignee Employer (_________________) and
after such extension has been approved by the USCIS. Should an extension be properly
filed, this agreement will remain in effect while the Assignee employer awaits formal
approval from USCIS.

3. Assignee Employer (_________________) may terminate this Agreement for any reason
effective upon thirty (30) days written notice to Assignor Employer
(____________________). If ___________ so terminate, Assigned Employee through the
Assignor Employer shall be entitled to compensation for Work performed on the Project
through the fifteenth day after the notice is delivered. Termination expenses shall
include reasonable demobilization and cancellation costs arising from such termination.
Such payments by _____________________ shall be ____________’s sole and exclusive
remedy for _________________s termination for convenience and
_____________________ shall have no further obligation to _______________.
4. That salaries and wages, and corresponding government taxes, shall be settled to
concerned entities through the legal entity of _____________________ in Guam, for the
full account of _________________;

5. Payment between _____________________ and _____________________ shall be through:


a. Reconciliation of computations with verification from _____________________’s
accounting department and __________________ authorized accounting
representative within the same month of the applicable dues;
b. Deduction of the verified amount shall be applied to monthly payments of
_____________________ to _____________________ for the period of July 1,2013 to
December 30, 2014;
c. That remaining remuneration package for the period of January 1, 2015 to June
30, 2015, shall be a pre-computed figure between _____________________ and
_____________________, so that such amount shall be fully deducted from the
final payment to _____________________.

6. That Mr. ____________________________ shall operationally and functionally remain


under direct supervision of _____________________.

This agreement takes effectivity this ______________, in ________________, Philippines.

Signed:

____________________________________ ____________________________________
____________________ ___________________
Vice-President President
________________________________ ____________________________________

Witnesses:

___________________________________ _____________________________________

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