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Binding Contract + Resignation

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1 Binding Contract + Resignation on Sat Sep 01, 2012 11:58 am

jessiegoran


Arresto Menor
Hi, I'm new here and would like to ask about my situation.

I attended a training abroad for 3 days last October 4 to 6 2011. There was a binding contract that I signed which states that I have a retention period of 1 year in the company for attending such training. There was also a clause in the contract that says that if within the retention period I resign, I shall pay the company Php 1.5M as compensation for the training. Sad

I really wanted to leave the company since January 2012 unfortunately I'm thinking about the Php1.5M that I need to pay. Mad

I would like to know if is it ok if I resign this September 6, 2012 to be effective October 6, 2012? And if there's any case they can file to me if I do so?

Hoping for your prompt response and advice.
Thank you very much!

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2 Re: Binding Contract + Resignation on Mon Sep 03, 2012 7:39 pm

attyLLL


moderator
imo, that contract is enforecable,but if it is effective after the 1 year period, then the penalty will not apply


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3 Re: Binding Contract + Resignation on Thu Oct 17, 2013 3:34 pm

alexisbantilan


Reclusion Perpetua
You can contest UNJUST ENRICHMENT act of your employer.
I don't think so, 3 days training will cost you 1.5 Million.
Too much, lahat na sobra bawal.

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