Page 36 - HRD
P. 36

9.  VOLUNTARY TERMINATION BY EMPLOYEE:

                          EMPLOYEE shall inform and give notice to ASI of his/her intention of terminating
                          this Agreement thirty (30) days before effectivity of his/her resignation. Failure to
                          inform the ASI of his/her intention to resign is tantamount to absence without leave
                          and damages resulting from it will be borne by the EMPLOYEE. If EMPLOYEE
                          fails to complete the 30-day turnover period, any incentives due to the EMPLOYEE
                          will  be  forfeited  in  favor  of  the  ASI  to  answer  for  any  loss  or  damage  such
                          termination caused to the latter and no certificate of employment will be issued to
                          EMPLOYEE. However, ASI has the option to exercise whether EMPLOYEE shall
                          complete the 30-day turnover period or not.

                          In  the  event  of  termination  of  this  Agreement,  the  EMPLOYEE  shall,  prior  to
                          his/her separation from the ASI, secure the necessary clearances and other pertinent
                          papers from the relevant departments of ASI.

                          10.    OTHER PROVISIONS – The parties further agree that:

                                 a.      SEVERABILITY OF PROVISIONS - If any one or more of
                          the provisions contained in this Agreement or any documents executed in
                          connection herewith shall be declared by competent authority to be invalid,
                          illegal,  or  unenforceable  in  any  respect,  the  validity,  legality  and
                          enforceability of the remaining provisions contained herein or therein shall
                          not in any way be affected or impaired.

                                 b.      VENUE  OF  SUIT  -  Any  legal  action,  suit  or  proceeding
                          arising out of or relating to this Agreement or any documents executed in
                          connection herewith must be filed exclusively before any competent court
                          in San Juan City. The parties hereby waive any objection which they may
                          now or hereafter have to the venue of any such action, suit or proceeding,
                          and further waive any claim that any such suit, action or proceeding has
                          been brought in an inconvenient forum.

                          IN WITNESS WHEREOF, the parties have signed this contract in the place and
                   on the date above-written.





                                 ASI
                          By:


                          MELI-ANN V. CATRIZ                                  _______________________

                                                  Signed in the presence of:

















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