CONTRACT OF EMPLOYMENT

KNOW ALL MEN BY THESE PRESENTS:

This contract of employment is entered into this _________ day of _____________, 20 _____

by:

MOED MARKETING, a corporation duly organized and existing in accordance with laws of
the Republic of the Philippines, with principal office at 4th Floor, Room H, Royal Crowne
Plaza, Katipunan Street,Labangon, Cebu City, represented in this act by its
president,________________________, hereinafter referred to as the EMPLOYER

--------AND--------

Leoni Francis Lagrama, of legal age, Filipino, and is a resident of 214 Tagaytay Vito,
Minglanilla Cebu, hereinafter referred to as the EMPLOYEE.

Witnesseth:

WHEREAS, the employer is engaged in the business outsourcing of PUBLISHING AND

BOOK MARKETING SERVICES intended for customers resided in the United States of
America. This includes, but are not limited to calling potential customers and sending them
to a third party provider that will cater their needs.

WHEREAS, the employee manifests and guarantees that he possess the requisite qualities and
competencies needed by the Employer in the conduct and course of its business.

NOW THEREFORE, the parties hereby agree as follows:

1. APPOINTMENT

Employee is hereby appointed as (Job Position) under a probationary status of six (6) months,
including one (1) month training reckoned from his first day of actual report for work
which will be on (date)

2. COMPENSATION

2.1 Employee will receive a basic monthly salary of (amount in words and enclosed figures)
subject to government mandated deductions to be borne by the Employee. In addition, Employer
will pay the mandatory 13th month pay at the end of each year.

2.2 Employee is also entitled to receive attendance incentive of Two Thousand Pesos (Php
2,000.00) per month.

2.3. Employee is likewise entitled to a 17% commission on the total sales income as reported
and verified by the Finance Department.

2.4 Employee is entitled to a night differential for every hours worked between 9 PM and 5
AM inclusive which is equivalent to 10% of his hourly rate.
3. BENEFITS

3.1 Reckoning from his first day of actual work, the employee shall enjoy 1.5 days vacation
leave and 1 day sick leave, which shall accumulate every month thereafter. Remaining
leaves of whatever kind shall be convertible to cash at the end of the year or at the end of
employee’s tenure of service to the company, whichever is applicable.

3.2 Reckoning from his first day of actual work, the employee shall enjoy health care services
that includes dental coverage and hospitalization, due to natural illness or accident,
provided that such hospitalization shall not exceed seven (7) days, otherwise, the Employer
shall not be liable to cover for the expenses incurred on the exceeding days.

3.3 Reckoning from his first day of regularization, the benefit enjoyed by the employee in the
immediately preceding section shall extend to one of his dependents of his choice.

3.4 Employee shall be paid on holidays, vacation leaves and sick leaves an amount equal to
his daily rate.

3.5 Work rendered during holidays shall be paid in accordance with the statutory rate
provided by law.

4. OVERTIME WORK

Being part of the management level, employee is not entitled to overtime work pay. However,
meal allowances shall be provided.

5. HOURS OF WORK

Employee shall render at least eight (8) hours of work every day and report at least five
times a week. It is however understood that the employee is employed with a level of
confidence and degree of responsibility that may require him to render work beyond normal
business hours.

6. DECORUM, CONFIDENTIALITY AND COMPANY POLICIES

Employee shall abide with policies on decorum, proper conduct, confidentiality and other
company rules and regulations stipulated in the company handbook.

7. TERMINATION

Employer reserves the right to terminate and cancel this contract after observing due process for
just or valid causes. Termination may be due to any, but not necessarily limited to the following:

a. Breach of Confidentiality

b. Conflict of Interest

c. Just and authorized causes allowed under the labor code

 d. Violation of company rules and regulations

e. other analogous causes

8. RESIGNATION

Prior to the expiration of this contract, the employee has the option to discontinue his service
to the company, provided that a written notice is filed within thirty (30) days before his last
day of employment and provided further that such notice is duly received, acknowledged
and accepted by the employer.
IN WITNESS WHEREOF, we have set our hands this 21st of August 2017 at Colon, Cebu City
Philippines.

___________________________________ ______________________________

EMPLOYER EMPLOYEE

SIGNED AND WINESSED BY:

_________________________________ ______________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

SS)

BEFORE ME, this ____________________________ in __________________, personally

appeared:

NAME CTC NO. ISSUED AT ISSUED ON

known to me and to me known to be the same persons who executed the foregoing instrument
and they acknowledged to me that the same are their own free and voluntary act and deed.

WITNESS MY HAND AND SEAL.

Doc. No. _________;

Page No. _________;
Book No. ________ ;
Series of _______