Legal Question in Employment Law in Philippines
Is bond contract legal?
I signed a two year contract with the company. and it says that if i will resign within two years, i should pay the company for the training they provided. After i spent 1 year with the company, i decided to quit(resign). Then they charge me alot of money for the training. Should I pay the company? There is no amount stated in the contract i signed. is there any possibility that the contract be void??
Asked on 3/12/06, 5:51 am
1 Answer from Attorneys
Re: Is bond contract legal?
Yes, it is perfectly legal. It appears that you fully understand the terms of the bond agreement and that you were not forced into it when you signed the same.
Answered on 3/13/06, 7:52 am
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