1. AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
This Agreement entered into by and between:
_____________, a domestic corporation duly organized and existing under and by virtue of the
laws of the Republic of the Philippines, with principal office at _____________, and represented in this
act by its __Position__, __Name of Officer__, (hereinafter referred to as the "COMPANY");
- and -
_____________ of legal age, Filipino, (single / married / widow), and a resident of
_____________, Philippines, (hereinafter referred to as the "Business Development Officer (BDO)"
W I T N E S S E T H: That -
1. The Business Development Officer shall make available his services, knowledge, training and
skill to COMPANY and agree to undertake the Scope of Services to wit:
a) To identify new ventures, projects, productions or investments for COMPANY, to
advise on profitability of the same and to assist in their planning, development, and
implementation;
b) To assist in the improvement, development and implementation of existing
ventures and projects of COMPANY;
c) To devise ways and means to ensure the profitability of the said ventures,
projects, productions or investments;
d) To negotiate with prospective clients in behalf of COMPANY, subject however to
prior authority from the President;
e) To make himself available to go on business trips to other cities, provinces or
areas where COMPANY has existing or prospective projects and to accept any
assignment to another location, if and when so requested by the President as may be
dictated by business exigencies.
f) To perform such other functions or tasks as may be assigned to him by the
President.
2. The Business Development Officer understands and agrees that all records and documents of
COMPANY and all information, data, procedures or processes pertaining to the business or affairs of
COMPANY or that of its clients are absolutely confidential and he shall not disclose or divulge any such
information or data to any person or entity without the prior clearance of the President, even after the
termination of this Agreement. Breach of this confidentiality shall render the Business Development
Officer liable for criminal and civil liabilities under the applicable laws and shall be a cause for the
immediate termination of this Agreement;
3. For and in consideration of the Services to be rendered, COMPANY shall pay the Business
Development Officer a gross monthly remuneration of __________________________ (P__________)
payable every 15th and 30th day of each month;
4. The Business Development Officer shall not engage in or have any share or ownership in a
business or occupation which may render himself a competitor of the COMPANY nor act or enter into any
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2. transaction which may, in any manner compete or help any person to compete with COMPANY or with
any of its businesses;
5. The Business Development Officer shall not use his position for your own personal benefit;
6. In case the Business Development Officer intends to resign from COMPANY, he is required to
submit a thirty (30) day written notice prior to the effectivity of such resignation, otherwise, failure on his
part to do so will render him liable for damages. However, it is within the sole discretion of the Company
whether or not to accept such resignation earlier than the expiration of said period.
7. This Agreement shall be effective for a fixed period from _____________ to _____________.
IN WITNESS WHEREOF, the parties have hereunto set their hands this _____________ at
_____________, Philippines.
For THE COMPANY:
GENERAL MANAGER BUSINESS DEVELOPMENT OFFICER
Competent Evidence of Identity Competent Evidence of Identity
Signed in the presence of:
1.___________________________________ 2._________________________________
REPUBLIC OF THE PHILIPPINES )
City of Cebu ) S. S.
ACKNOWLEDGMENT
BEFORE ME, on this ____________, in the City of Cebu Republic of the Philippines, personally
appeared GENERAL MANAGER and BUSINESS DEVELOPMENT OFFICER, who proved to me on the
basis of competent evidence of identity as indicated underneath their respective names that they are one
and the same persons who executed the foregoing instrument and acknowledged to me that the same is
their free act and voluntary deed.
That this document consisting of two (2) pages, refers to an AGREEMENT. All pages have been
signed by the parties and their material witnesses and sealed with my notarial seal.
WITNESS MY HAND AND SEAL on the date and place first above written.
Doc. No. Atty. HARVE B. ABELLA, Esq.
NOTARY PUBLIC – Cebu City
Page No. Until December 31, 2011
Per Notarial Commission No. 081-10 Cebu City
Book No. Abella Abella & Associates
009 Salvador Street, Labangon, Cebu City
Series of 2011. PTR No. 0853458, Cebu City, 1/3/11
IBP Lifetime 010173, 6/28/11, Cebu City
Roll of Attorneys No. 57453
TIN 274-663-300
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