TRAINING AGREEMENT

This Agreement, entered into by and between:

Halcyon Technology (Philippines) Inc. , hereinafter referred to as the “COMPANY”

and
NAME , hereinafter referred to as the “EMPLOYEE”

WITNESSETH that:

WHEREAS, the COMPANY from time to time sends its employees to acquire relevant learning through local and/or foreign
trainings, seminars, and conferences, which will be needed in and applied to its existing operations;

WHEREAS, such trainings, seminars, and conferences entail expenses and disbursements, which directly inure to the
present benefit, advantage and employment of the EMPLOYEE;

WHEREAS, the COMPANY wishes to utilize to the maximum extent the training and learning acquired by EMPLOYEE to its
own benefit and for the further improvement of its services to the company; !qa@

WHEREAS, the EMPLOYEE will undertake the education, training, seminar or conference, specifically (SPECIFY THE
TRAINING PROGRAM) in accordance with the conditions set forth herein and in the details stipulated within the
Company’s Training Program and Policy;

NOW, THEREFORE, for and in consideration of the preceding premises, the parties hereby agree that:

1. Upon completion of the specified training/seminar/conference, EMPLOYEE shall continue his/her

employment with the COMPANY for the duration required under the Training Program & Policy, and stated
below: (pabago na lang ng amount)

Training Cost Duration of Reciprocal

(includes Program Cost, Transportation,
Service
Lodging and Allowances)
P10,000 – P50,000 Six (6) months
P50,001 – P99,999 One (1) year
P100,000 – P199,999 Two (2) years
P200,000 up Three (3) years

2. In case EMPLOYEE voluntarily resigns, or is terminated for cause before the corresponding required length of
service is completed, the equivalent cost of the training/seminar/conference shall be reimbursed by the
EMPLOYEE to the COMPANY. The amount to be reimbursed shall be computed as follows:

Residency Requirement - Months Completed Actual Training Amount to be

Residency Requirement X Cost & Expenses = reimbursed to
HTPI
 3. EMPLOYEE may be required to conduct “echo” training sessions of the specified training/seminar/conference
to other HTPI employees, and submit a copy of the training materials and/or documentation of learned items.

IN WITNESS WHEREOF, the parties have hereunto set their hands this ___ day of __________ 2017_ , at Binan,
LagunaPasay City, Philippines.

HALCYON TECHNOLOGY (PHILS.) INC. EMPLOYEE

__HAMILCAR P. AZARIAS__________ ___________________________

Signature over Printed Name Signature over Printed Name

SIGNED IN THE PRESENCE OF

__________________________ ______________________________
Signature over Name in Print Signature over Name in Print

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

City of Sta. Rosa, Laguna ) S. S.

BEFORE ME, a Notary Public for and in __________________________on this ____ day of ________________,
personally appeared _____________________________________ exhibiting to me his Residence Certificate
No.________________ issued at ________________________ on ________________________ and
__________________________________ with Residence Certificate No. _____________ issued at
____________________ on ___________________________, both known to me and to me known to be the same
persons who executed the foregoing instrument and who acknowledged to me that the same is their free act and voluntary
deed and the free act and deed of the Corporation herein represented

IN WITNESS WHEREOF I have hereunto set my hand and affixed my notarial seal on the date and at the place first
above written.

Notary Public

Doc. No. _________

Page No. _________
Book No. _________
Series of. _________