Employment Agreement

KNOW ALL MEN BY THESE PRESENTS:

This employment agreement (the “Agreement”) is entered into and executed on the 8 th day of
March 2024 at the City of Dipolog, Philippines, and is subject to the terms and conditions stated
below by and between:

XYZ COMPANY, a corporation duly organized and existing in accordance with laws of the
Republic of the Philippines, hereinafter referred to as the EMPLOYER;
- and -
JOHN DOE, of legal age and Filipino, herein referred to as the EMPLOYEE,

WITNESSETH

WHEREAS, the Employee guarantees, declares, and warrants that s/he has the necessary
qualifications and is competent for the said position, as well as expressly acknowledges and
consents to this casual employment arrangement;

WHEREAS, the Employer and the Employee is referred to as collectively as "Parties".

NOW THEREFORE, the parties hereby agree as follows:

1. TERM OF EMPLOYMENT. The Company hereby employs Employee pursuant to the
terms of this Agreement and Employee hereby accepts employment with the Company
pursuant to the terms of this Agreement for the period beginning on March 8, 2024 (the
“Commencement Date”) and ending on March 8, 2025 subject to extension as provided
below (the “Term”). Thereafter, this Agreement shall automatically renew for successive
one (1) year periods unless terminated by either party with thirty (30) days’ written
notice.
 2. DUTIES AND RESPONSIBILITIES. During the term of this Agreement, the
Employee is hereby appointed as the Vice President of Sales and Marketing. The
Employee shall be responsible for overseeing all sales and marketing activities of the
Employer, including but not limited to developing sales strategies, managing sales teams,
and implementing marketing campaigns.

3. COMPENSATION AND BENEFITS. In consideration of the services provided by the

Employee, the Employer shall pay the Employee a monthly base salary of Php100,000,
payable in bi-weekly installments. In addition to the base salary, the Employee shall be
eligible to participate in the Employer’s health insurance plan and retirement savings
plan, subject to the terms and conditions of such plans.

4. TERMINATION. This Agreement may be terminated by either party upon thirty (30)
days' written notice for any reason or no reason. In the event of termination, the
Employee shall be entitled to receive any unpaid base salary and accrued but unused
vacation pays through the date of termination.

5. GOVERNING LAW. This Agreement shall be governed by and construed in

accordance with the laws of the Republic of the Philippines, without giving effect to any
choice of law or conflict of law provisions.

6. ENTIRE AGREEMENT. The parties hereby agree that this Agreement and those which
are incorporated herein by reference constitutes the entire agreement between the parties
with respect to the subject matter hereof and supersedes all prior and contemporaneous
agreements and understandings, whether oral or written, relating to such subject matter.

7. EXECUTION. Employee’s affixing of his signature on the herein Employment contract

means that:
1. Employee has read and fully understood the terms and conditions hereof and
accepts the same;
2. The terms and conditions for the regularization of his employment have been
clearly communicated to and accepted by him/her at the time of his
engagement.

IN WITNESS WHEREOF, we hereunto affix our signatures on the date and at the place
first above written.
XYZ Company
Employer
By:

By: [Signature]
Name: [Printed Name]
Title: [Title]

JOHN DOE
JOHN DOE
Employee

By: [Signature]
Name: [Printed Name]