Republic of the Philippines }

_____________________ }

REGULAR EMPLOYMENT CONTRACT

This employment agreement (the “Agreement”) is entered into and executed

on April 5, 2018 at Iloilo City, by and between the following:

NBW INC., a corporation duly organized and existing under the laws of
the Republic of the Philippines, with principal place of business at Unit
214, 6th Floor, XYZ Tower, F. Megaworld Road, Mandurriao, Iloilo City,
as represented herein by its Human Resource Manager,
CHRISTOPHER BELLEZA, hereinafter referred to as the “Employer”;

- and -

FRANCIS GULMATICO, Filipino Citizen, of legal age, with address at

No. 123 ABC Street, Brgy. Sta. Maria, Quezon City, Metro Manila,
Philippines, hereinafter referred to as the “Employee”;

WITNESSETH

WHEREAS, the Employer is engaged in the business of REAL ESTATE and is

in need of SALES AGENT primarily for the purpose of SELLING PROPERTY;

WHEREAS, the Employee guarantees, declares, and warrants that s/he has
the necessary qualifications and is competent for the said position;

WHEREAS, due to the above representations, the Employer offers the

Employee the above-mentioned position as a regular employee;

NOW THEREFORE, for and in consideration of the foregoing premises, the

parties hereby agree as follows:

1. Employment Period – The employment commences on MAY 31, 2018

provided that the following pre-employment requirements have been
accomplished and submitted prior to the 1st day of work: JUNE 1 2018
Unless otherwise directed, the ordinary working hours shall be from 9:00
a.m. to 6:00 p.m., with a one-hour meal break. The ordinary workdays shall
be from Monday to Saturday except as otherwise instructed.

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 2. Compensation – The Employee’s gross compensation is Php 15,000 PHP per
month. After deductions, the net income shall be payable on the 15th and
30th of the month.
3. Duties and Responsibilities – The Employee hereby consents to be assigned
primarily the following duties and responsibilities:, without being limited
thereto. The Employer reserves the right to appoint the Employee to other
tasks and responsibilities.
4. Monetary Benefits and Leaves – Unless otherwise provided in the company
policies, statutory monetary benefits and leaves will be provided to the
Employee whenever due and proper.
5. Violations and Disciplinary Actions – Except as otherwise modified in the
company policies, labor law grounds for disciplinary action, including
termination, is hereby adopted and incorporated by reference.
6. Taxes, Government Contributions, Authority to Deduct – The Employee
hereby agrees to deductions authorized by law, including but not limited to,
withholding tax, SSS, Philhealth, Pag-IBIG, debts owing to the Employer,
and all other analogous deductions.
7. Company Policies – The Employee hereby agrees and consents to the terms
and conditions stated in company policies, which are incorporated herein
by reference and made an integral part hereof.
8. Entirety of Agreement – The parties hereby agree that this Agreement and
those which are incorporated herein by reference constitute the entire
employment contract and supersedes all prior arrangements, whether
verbal or written.

In witness whereof, the parties have signed this agreement on the above date.

NBW INC.

By:
CHRISTOPHER BELLEZA FRANCIS GULMATICO

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 ACKNOWLEDGMENT

SUBSCRIBED AND SWORN TO BEFORE ME, this 6th day of April, 2018, in
the City of Iloilo, personally appeared:

COMPLETENT EVIDENC OF
COMPLETE NAME
IDENTITY
CHRISTOPHER BELLEZA Driver’s License N03-123-456780
FRANCIS GULMATICO Driver’s License N05-321-456780

known to be the same persons who executed the foregoing instrument, and
acknowledged that the same are their free act and deed.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my

notarial seal on the date and place above written.

NOTARY PUBLIC

BELLEZA ASSOCIATES LAW OFFICE

4th Floor Courtyard Tower Enterprise Road,
Iloilo Business Park, Mandurriao, Iloilo City,
5000 Iloilo
IBP No. 827847, 6/8/14, IC
PTR No. 576784, 6/8/16, IC
Attorney’s Roll No. 374435
MCLE Compliance No. 11-0989699

Doc No. I -22;

Page No. 3;

Book No. 1;
Series of 2018.

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