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REGULAR EMPLOYMENT CONTRACT

This employment agreement is entered into and executed on 05 January, 2019

at Bacolod City, Philippines, by and between the following:

POTATO INC., a corporation duly organized and existing under the laws
of the Republic of the Philippines, with principal place of business at Unit
214, 6th Floor, XYZ Tower, F. Papaya Road, Bacolod City, Philippines, as
represented herein by its Human Resource Manager, MS. ANNA D.
BANAL, hereinafter referred to as the “Employer”;

- and -

MR. MICHAEL S. CRUZ, Filipino Citizen, of legal age, with address at

No. 123 ABC Street, Brgy. Sta. Maria, Bacolod City, Philippines,
hereinafter referred to as the “Employee”;

WITNESSETH

WHEREAS, the Employer is engaged in the business of Potato Farming and is in

need of a Potato Farmer primarily for the purpose of Planting and Harvesting;

WHEREAS, the Employee guarantees, declares, and warrants that he has the
necessary qualifications and is competent for the said position;

WHEREAS, due to the above representations, the Employer offers the Employee
the above-mentioned position as a regular employee;

NOW THEREFORE, for and in consideration of the foregoing premises, the

parties hereby agree as follows:

1. Employment Period – The employment commences on January 15, 2019,

provided that the following pre-employment requirements have been
accomplished and submitted prior to the 1st day of work: NBI Clearance and
Birth Certificate. Unless otherwise directed, the ordinary working hours shall
be from 9:00 a.m. to 6:00 p.m., with a one-hour meal break. The ordinary
workdays shall be from Monday to Saturday except as otherwise instructed.
2. Compensation – The Employee’s gross compensation is Php One Hundred
Thousand PESOS (P 100,000.00) per month. After deductions, the net
income shall be payable on the 15th and 30th of the month.
3. Duties and Responsibilities – The Employee hereby consents to be
assigned primarily the following duties and responsibilities: Planting and
Harvesting of Potatoes, without being limited thereto. The Employer reserves
the right to appoint the Employee to other tasks and responsibilities.
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4. Monetary Benefits and Leaves – Unless otherwise provided in the company

policies, statutory monetary benefits and leaves will be provided to the
Employee whenever due and proper.
5. Violations and Disciplinary Actions – Except as otherwise modified in the
company policies, labor law grounds for disciplinary action, including
termination, is hereby adopted and incorporated by reference.
6. Taxes, Government Contributions, Authority to Deduct – The Employee
hereby agrees to deductions authorized by law, including but not limited to,
withholding tax, SSS, Philhealth, Pag-IBIG, debts owing to the Employer, and
all other analogous deductions.
7. Company Policies – The Employee hereby agrees and consents to the
terms and conditions stated in company policies, which are incorporated
herein by reference and made an integral part hereof.
8. Entirety of Agreement – The parties hereby agree that this Agreement and
those which are incorporated herein by reference constitute the entire
employment contract and supersedes all prior arrangements, whether verbal
or written.

In witness whereof, the parties have signed this agreement on the above date.

_________________________
Potato Inc. By ANNA D. BANAL
(Employer)

_________________________
MICHAEL S. CRUZ
(Employee)
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ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF BACOLOD )s.s.
x- - - -- - - - - - - - - - - - - - - - - - - - - - -x

BEFORE ME, in the City of Bacolod, Philippines, this 15th day of

February, 2019, personally appeared;

Name: Valid ID: Issued on / Issued at:

ANNA D. BANAL Community Tax Cert. 05-21-2001/ Bacolod
No. 4256 City

MICHAEL S. CRUZ Community Tax Cert. 01-18-2002/ Bacolod

No. 4456 City

known to me to be the persons who executed the foregoing instrument and

acknowledge to me that the same is their voluntary act and deed.

This instrument refers to a REGULAR EMPLOYMENT

CONTRACT consisting of 03 pages, including the page on which this
acknowledgment is written, has been signed on the right margin of each and
every page thereof by the parties and their instrumental witnesses, and
sealed with my notarial seal.

WITNESS MY HAND AND SEAL on the date and at the place above
written

Doc No. 696; SALVINO KRISTI S. KALALANG

Page No. 69; Notary Public
Book No. V; UNTIL DECEMBER 18, 2019
Series of 2019 PTR NO. 696969