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TRAINING AGREEMENT

An Agreement is made this __ day of 20____ by and between:

_________________________

And

_______________________

WITNESSETH that:

WHEREAS, ___________ signed a Contract of Employment with __________________ on


__________, 20____.
WHEREAS, the parties agreed that this Training Agreement shall be SUPPLEMENTAL to the said
Contract of Employment dated _______________.

NOW, THEREFORE, IT IS HEREBY AGREED as follows:

THE PROGRAM

» The Company has offered and the Employee has accepted a scheme under which the Employee will be
provided a sponsorship to attend the Training Programs (hereinafter referred to as "Training Program" )

THE EMPLOYEE'S OBLIGATION

* The Employee shall, as part of his duties under the Contract of Employment, attend Training Program
diligently and apply the whole of his energies during the Training Program to the acquisition of the skills
and knowledge taught or otherwise made available in connection with the Training Program.
• The Employee shall during the Sponsorship Period follow all regulations and discipline that shall be
enforced from time to the by the Company or any other authority under the authorization of the Training
Institute.
• The Employee hereby gives his irrevocable consent to the Company to inform any of his prospective
employers of his obligations under this Agreement.
• The Employee shall indemnify the Company against all damage and loss (including the Company's
Solicitor-Client fees) howsoever incurred or sustained by the Company as a consequence of a breach or
non-observance of the covenants' herein contained by the Employee.

If the employee:
 Fails or refuses to report for duty / resigns from the Company upon completing the Training
Period; or
 By his own conduct renders himself incapable or is unsuitable in the opinion of the Company to
serve the Company; or
 The Employee breaches any terms and conditions set out in this Agreement and/or the Contract
of Employment; or
 The Employee's employment under the Contract of Employment is terminated by the Company
for misconduct or any other reasons whatsoever during the Sponsorship Period or the
Compulsory Service Period; or
 The Employee is retrenched or medically boarded out by the Company during the Compulsory
Service Period; or
 The Emplovee resigns or abandons the service of the Company dyring the Compulsory Service
Period.

then in such case, the Employee shall be liable to pay the Company upon demand the liquidated
damages equivalent to the sum of Php________________________.

Should your employment with the Company cease within:

- 6 months of attending the course: 100 % repayment


- 12 months of attending the course: 75 % repayment
- 18 months of attending the course: 50 % repayment
- Beyond 24 months: 0 % repayment

Miscellaneous:

 This Agreement shall be binding upon the parties, their respective heirs and assigns.
 The Employee hereby gives his irrevocable consent to the Company to inform any of his
prospective employers of his obligations under this Agreement.
 The Employee shall indemnify the Company against all damage and loss (including the
Company's Solicitor-Client fees) howsoever incurred or sustained by the Company as a
consequence of a breach or non-observance of the covenants' herein contained by the
Employee.
 Time, whenever mentioned in this Agreement, shall be of the essence.
 Any notice required to be served under this Agreement by either party concerned or sent by
prepaid ordinary or registered post to the other party at the address of such other party
hereinbefore given.
 If anyone more of the provisions contained in this Agreement or any document executed in
connection herewith shall be invalid, illegal or unenforceable in any respect under the applicable
laws, it is agreed and understood that the validity and enforceability of the remaining provisions
contained herein shall not in any way be affected or impaired.
 Any delay, forbearance or neglect on the part of the Company to enforce at time all or any of the
provisions of this Agreement and any rights in respect thereto or to exercise any election therein
provided shall not construed as a waiver of such provisions rights or elections and shall not
preclude the Company in exercising the same or any other right under this Agreement
 This Agreement shall be governed by and construed in accordance with the Laws of the
Philippines

Please sign below to confirm your understanding and acceptance of this agreement, returning one copy
of this agreement to the company and keeping the other for your own retention.

Should you have any queries in regard to the above please do not hesitate to contact me.
Very truly yours,

______________________

I understand and voluntarily accept the terms of this agreement and likewise acknowledge that the
company has the right to deduct the appropriate amount from my final pay in accordance with the
above scale.

Signature: ______________________

Date: __________________________

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