EMPLOYEE EDUCATION BOND

EMPLOYER PROVIDED TUITION ASSISTANCE AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Education Bond is executed this 16th day of April 2024 by:

EAGLEWATCH SECURITY SERVICES a corporation duly organized and existing in

accordance with laws of the Republic of the Philippines, with principal office at
Mezzanine Floor, Prosperity West Center, 92-A West Ave., Quezon City,
represented in this act by its President, SERGIO WILLIE O. JAMILA IV hereinafter
referred to as the EMPLOYER;
-AND

Kate Gwyneth Navarro Alforque of legal age, Filipino and a resident of Block 104
Lot 29 Maganda Street, barangay 181 Caloocan City, herein referred to as the
EMPLOYEE.

WHEREAS, Employee is currently an employee of Employer. Employee has voluntarily applied to and has been accepted
into the Master of Arts in Psychology at Polytechnical University of the Philippines located at Quezon City.

WHEREAS, Employer has agreed, on the terms set forth in this Agreement, to financially assist Employee in paying
tuition for this educational program. In exchange for Employer’s financial assistance, Employee agrees to reimburse
Employer through work (by remaining employed with Employer for a specific time period as set forth in this Agreement) or
by repayment (if Employee leaves before completing the agreed-upon service to Employers as provided in this
Agreement)

NOW THEREFORE, the parties hereby agree as follows:

1. TUITION ASSISTANCE
Employer shall provide payment for Employees tuition for the educational program into which Employee has been
accepted. The Tuition Assistance shall be paid by Employer as billed by Polytechnical University of the
Philippines

2. EMPLOYEE OBLIGATION

2.1 Upon payment, Employee shall provide a copy of tuition fee payment receipt to Employer for proof of payment.

2.2 Employee agrees to participate in and pursue the educational program to the best of his or her ability and to use
reasonable efforts to complete the program. Should the employee not complete the program or not graduate, fails
the program, withdraws or is expelled from the program the employer’s obligation shall immediately cease.

2.3 Upon completion of each subject/ course, Employee is required to submit his/ her transcript or grade to Employer
for verification of a passing grade or higher.

3. OBLIGATION SATISFIED SIX (6) YEARS AFTER PAYMENT AND GRADUATION

3.1 Employee will have no obligation to pay Employer for an installment made toward tuition assistance if, on the sixth
anniversary of that installment payment, Employee has not voluntarily quit or has not been fired “for cause”.
Employee will also have no obligation to pay Employer if, on the sixth anniversary of Employee’s graduation,
Employee has not voluntarily quit or has been fired “for cause”. In the event Employee voluntarily quits his
employment with Employer or Employer terminates Employee “for cause” less than six (6) years after graduation
or any installment payment is made, and if Employee fails to graduate, Employee shall immediately pay, without
demand, an amount equal to the payment made by the Employer.

3.2 As used in this agreement, “for cause” means Employer reserves the right to terminate or cancel this Contract
after observing due process for:
 Just and authorized causes enumerated in Article 282 (Termination by Employer), 283 (Closure of
establishment and reduction of personnel), and 284 (Disease as ground for termination) of the Labor Code
 Grave Insubordination
 Absence without official leave (awol) – Refer to code of discipline
 Infliction of injury/ies
 Breach of confidentiality and non-disclosure
 Violation of company’s intellectual property rights
 Other causes provided in the Company Rules and Regulations
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  Abandonment of duty

4. SET-OFF AGAINST FINAL PAYCHECK

To the extent allowed by law, employer may deduct the amount of any tuition reimbursement obligation from a
compensation due and owing to employee at time of separation from employment; including but not limited to
salary, bonuses, allowances, commissions, termination pay, and severance pay.

5. ACCEPTANCE OF TERMS AND CONDITIONS

Employee’s affixing of his signature on the herein Employee Education Bond means that:

(a) Employee has read and fully understood the terms and conditions hereof and accepts the same;
(b) The terms and conditions have been clearly communicated to and accepted by him/her at the time of his
engagement.

IN WITNESS WHEREOF, we have set our hands this 16th day of April 2024 at Mezzanine Floor, Prosperity West
Center, 92-A West Ave., Quezon City.

__________________________________ ___________________________________
Sergio Willie O. Jamila IV Kate Gwyneth Navarro Alforque
President Signature Over Printed Name

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