2 Year Fixed Term Contract Template for Philippines

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2 Year Fixed Term Contract

"I need a 2 Year Fixed Term Contract for a Senior Software Developer position in our Manila tech startup, starting January 2025, with specific clauses for intellectual property protection and remote work arrangements."

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What is a 2 Year Fixed Term Contract?

This document serves as a standardized template for establishing fixed-term employment relationships in the Philippines, specifically structured as a 2 Year Fixed Term Contract. It is designed for situations where there is a legitimate business need for temporary or project-based employment, such as specific projects, seasonal work, or temporary replacement of personnel. The contract ensures compliance with Philippine labor laws, particularly the Labor Code and relevant Department of Labor and Employment (DOLE) orders regarding fixed-term employment. It includes comprehensive provisions covering essential employment terms, statutory benefits, and protective measures for both employer and employee, while maintaining the flexibility needed for fixed-term arrangements. This template is particularly useful for companies engaging in project-based work, seasonal operations, or specific time-bound business initiatives in the Philippines.

What sections should be included in a 2 Year Fixed Term Contract?

1. Parties: Identification of the employer and employee with complete details as required by Philippine law

2. Background: Context of the employment relationship and basis for fixed-term nature of the contract

3. Definitions: Key terms used throughout the agreement

4. Term and Duration: Specific start and end dates of the 2-year contract and any probationary period

5. Position and Duties: Job title, role description, responsibilities, and reporting relationships

6. Work Location and Hours: Primary workplace and standard working hours, including rest days

7. Compensation and Benefits: Salary, mandatory benefits (SSS, PhilHealth, Pag-IBIG), 13th month pay, and other benefits

8. Leave Entitlements: Vacation, sick leave, and other leave benefits as per Philippine law

9. Confidentiality: Protection of company confidential information and trade secrets

10. Intellectual Property: Ownership of work products and innovations created during employment

11. Standards of Conduct: Expected behavior, compliance with company policies and procedures

12. Termination: Grounds for termination, notice periods, and procedures as per Labor Code

13. Post-Employment Obligations: Continuing obligations after contract end

14. Governing Law: Application of Philippine law and jurisdiction

15. Entire Agreement: Integration clause and relationship to other documents

What sections are optional to include in a 2 Year Fixed Term Contract?

1. Mobility Clause: Include when employee may be required to work at different locations

2. Non-Compete: Include when reasonable restrictions on post-employment competition are needed, subject to Philippine law limitations

3. Commission Structure: Include for sales positions or roles with variable compensation

4. Remote Work Provisions: Include if remote work is permitted or required

5. Training Requirements: Include if specific training or certifications are required

6. Performance Metrics: Include when specific KPIs or performance standards are essential

7. Overtime Arrangements: Include when regular overtime is expected or required

8. International Travel: Include when position requires international travel

9. Language Requirements: Include when specific language proficiencies are required

What schedules should be included in a 2 Year Fixed Term Contract?

1. Schedule 1 - Job Description: Detailed description of role, responsibilities, and requirements

2. Schedule 2 - Compensation Structure: Detailed breakdown of salary, allowances, and benefits

3. Schedule 3 - Company Policies: Key company policies that form part of the employment terms

4. Schedule 4 - Confidential Information: Specific details of what constitutes confidential information

5. Schedule 5 - Performance Metrics: Detailed KPIs and performance evaluation criteria

6. Appendix A - Employee Handbook Reference: Reference to relevant sections of employee handbook

7. Appendix B - Benefits Summary: Summary of all benefits including mandatory and company-specific benefits

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Information Technology

Manufacturing

Business Process Outsourcing

Financial Services

Retail

Construction

Healthcare

Education

Telecommunications

Hospitality

Energy

Agriculture

Mining

Maritime

Professional Services

Relevant Teams

Human Resources

Legal

Finance

Operations

Information Technology

Sales

Marketing

Research and Development

Customer Service

Production

Quality Assurance

Business Development

Administration

Engineering

Corporate Communications

Relevant Roles

Project Manager

Software Developer

Account Executive

Research Analyst

Construction Supervisor

Marketing Specialist

Financial Analyst

Operations Manager

HR Coordinator

Sales Representative

Technical Consultant

Quality Assurance Specialist

Business Development Manager

Customer Service Representative

Production Supervisor

Executive Assistant

IT Support Specialist

Content Writer

Data Analyst

Engineering Consultant

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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