The Security Management Service Agreement is a contract between the First Party and the Consultant for consultancy services in the Philippines.
Parties Involved:
- The First Party: Engages the Consultant for technical and confidential matters.
- The Consultant: Provides services to the First Party as per the agreement.
Terms and Conditions:
1. **Term:** The contract is for one year, with the First Party having the option to terminate with a five-day notice.
2. **Compensation:** The Consultant receives a monthly professional fee, subject to submission of monthly reports.
3. **Place of Service:** Consultant works under the direct supervision of the First Party.
4. **Duties:** Consultant is responsible for specific tasks and any additional assignments from the First Party.
Employee-Employer Relationship:
- The agreement clarifies that it does not establish an employee-employer relationship between the parties.
- Consultant holds the First Party harmless from any liability under labor laws.
Confidentiality and Non-Compete Clause:
- Consultant handles highly technical and confidential matters for the First Party.
- Consultant is restricted from assisting or participating in any actions against the First Party for one year post-contract termination.
Acknowledgement:
- The document is acknowledged in the Philippines, ensuring the voluntary agreement of the parties involved.
Conclusion:
The Security Management Service Agreement outlines the terms, duties, and compensation for the Consultant providing services to the First Party, emphasizing confidentiality and non-compete obligations.
