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End Of Fixed Term Contract

End Of Fixed Term Contract Template for Philippines

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Key Requirements PROMPT example:

End Of Fixed Term Contract

"I need an End of Fixed Term Contract for a software developer in our IT company, ending March 15, 2025, with specific provisions for the handover of ongoing projects and protection of source code intellectual property."

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Document background
The End of Fixed Term Contract document is essential for businesses operating in the Philippines that employ workers under fixed-term arrangements. It is used when a fixed-term employment contract reaches its natural conclusion or when both parties agree to terminate the contract at a specified date. The document must comply with the Labor Code of the Philippines, particularly Articles 295-297, and relevant Department of Labor and Employment (DOLE) orders regarding contract termination. It includes crucial elements such as final settlement calculations, clearance requirements, and release clauses, while ensuring all mandatory benefits and entitlements under Philippine law are properly addressed. This document is particularly important given the strict regulation of fixed-term employment in the Philippines and the need to protect both employer and employee rights during the termination process.
Suggested Sections

1. Parties: Identification of the employer and employee, including complete names, addresses, and designation

2. Background: Brief overview of the employment relationship, including original contract date, position, and agreed end date

3. Definitions: Definition of key terms used in the document

4. Confirmation of Contract End: Statement confirming mutual agreement to end the fixed-term contract on the specified date

5. Final Settlement: Details of final salary, benefits, and other monetary entitlements

6. Clearance Requirements: List of clearance requirements and turnover procedures for company property

7. Certificate of Employment: Commitment to provide certificate of employment and reference if requested

8. Release and Quitclaim: Mutual release from claims and liabilities upon completion of final settlement

9. Governing Law: Specification that the agreement is governed by Philippine law

10. Execution: Signature block and execution details

Optional Sections

1. Ongoing Projects Handover: Used when there are specific projects or responsibilities that need formal handover procedures

2. Post-Employment Obligations: Include when there are continuing obligations such as confidentiality or non-compete agreements

3. Benefits Continuation: Required when certain benefits extend beyond the termination date

4. Dispute Resolution: Additional section for specific dispute resolution procedures beyond standard legal remedies

5. Return to Work Prohibition: Include when company policy restricts re-employment for a certain period

6. References and Future Employment: Used when specific agreements about employment references need to be documented

Suggested Schedules

1. Schedule A - Final Payment Calculation: Detailed breakdown of final salary, pro-rated benefits, and other payments

2. Schedule B - Company Property Checklist: List of company properties to be returned with confirmation of return

3. Schedule C - Clearance Form: Standard clearance form from various departments

4. Appendix 1 - Original Employment Contract: Copy of the original fixed-term employment contract

5. Appendix 2 - Employee Benefits Statement: Statement of all benefits and their status at termination

6. Appendix 3 - Certificate of Employment Template: Template of the certificate of employment to be issued

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions




























Clauses
























Relevant Industries

Manufacturing

Information Technology

Business Process Outsourcing

Construction

Retail

Healthcare

Education

Financial Services

Hospitality

Telecommunications

Agriculture

Mining

Transportation

Media and Entertainment

Relevant Teams

Human Resources

Legal

Finance

Operations

Administration

Compliance

Personnel Management

Relevant Roles

Project Manager

Software Developer

Construction Supervisor

Sales Representative

Customer Service Representative

Administrative Assistant

Research Analyst

Marketing Coordinator

Financial Analyst

Teacher

Nurse

Business Development Manager

Site Engineer

Production Supervisor

Quality Control Inspector

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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