Page 41 - HRD
P. 41
EMPLOYEE shall inform and give notice to USTDI of his/her intention of
terminating this Agreement thirty (30) days before effectivity of his/her resignation.
Failure to inform the USTDI 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 USTDI to answer for any loss or
damage such termination caused to the latter and no certificate of employment will
be issued to EMPLOYEE. However, USTDI 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 USTDI secure the necessary clearances and other
pertinent papers from the relevant departments of USTDI.
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.
USTDI
By:
_______________________ ______________________________
RIZA M. MANCOL _______________________
Signed in the presence of:
__________________________ __________________________
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