Document background
The Employee Hold Harmless Agreement is a crucial risk management tool used in Philippine business relationships where employees hold positions of significant responsibility or authority. This document becomes necessary when employees are entrusted with duties that could potentially expose the company to liability, such as financial decision-making, handling sensitive data, or representing the company in important transactions. The agreement must be carefully drafted to comply with Philippine labor laws while providing adequate protection for employers. It typically includes detailed provisions about the scope of indemnification, limitations, and specific circumstances under which the hold harmless provisions apply. The document should be structured to balance the employer's need for protection with the employee's rights under Philippine employment law, ensuring fairness and enforceability.
