Indefinite Duration Contract
Indefinite Duration Contract
Among the undersigned, namely: The company COMPRAS PANAMA S.A. with domicile at GOOD
VISTA, VIA ROOSEVELT, phone 448-1615, City of Colón, Republic of Panama
represented in this act by SERGIO ANTONIO CORTES DIAZ, male, of legal age, of 18
YEARS, with ID No. in the capacity of President and Legal Representative of the company, on one part,
who hereinafter will be referred to as THE EMPLOYER (hereinafter also known as THE
COMPANY); and on the other hand, ________________________, male/female, of legal age, of
(a)
_____ years old, with address at ______________________________, who hereinafter is referred to as
referred to as THE WORKER, have entered into an Employment Contract, which will be governed by
the following clauses:
FIRST: The WORKER declares that the following people live with him/her:
1. _________________.
2. _________________.
SECOND: The WORKER declares that the following persons depend on him/her:
________________.
2. _________________.
THIRD: THE WORKER declares that they are aware that the contracted service is of
_________________ and its functions will be the following:
1._______________________.
2. _______________________.
FOURTH: THE COMPANY may use the services of THE WORKER in all tasks
analogous, similar, or complementary to the tasks for which he was specifically hired. THE
WORKER accepts the possibility of functional or horizontal mobility, inside or outside of THE
COMPANY.
FIFTH: THE WORKER agrees to follow the instructions of their immediate supervisors and will carry out
their tasks with the intensity, care, diligence, and effectiveness required by the performance of their
labor.
Similarly, you must protect the trade secrets of THE COMPANY and its clients, and
refrain from disclosing matters of a reserved administrative nature, the disclosure of which may cause
damages to THE COMPANY. This obligation remains even when THE WORKER has left.
of THE COMPANY.
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SIXTH: It is the obligation of THE WORKER to try to remedy, within their possibilities, the
differences that may arise between customers and THE COMPANY.
SEVENTH: In payment for his services, THE WORKER will receive a salary of US $550.72
Monthly. The WORKER will be paid on the 15th and the last day of each month.
It is understood and agreed that the indicated salary will be paid at the offices of
THE COMPANY. IN CASH, prior to the deduction of the applicable withholdings and discounts
authorized by law.
EIGHTH: The parties declare that the work shift will be 8-hour shifts, from Monday to Friday,
with one mandatory day off and with lunch breaks ranging from ½ hour to 1 hour
rest, considered from Monday to Friday from 8:00 a.m. to 5:00 p.m.
These schedules may vary within the agreed hours of fixed shift hours to
rotating shifts and vice versa, according to the needs of THE COMPANY.
In case it is necessary, THE WORKER will be obligated to work in shifts.
extraordinary circumstances that the COMPANY indicates in writing and duly authorized, in accordance with
the limitations provided by the law. If for any reason THE WORKER could not show up to
the performance of your duties must be reported by phone notifying the reason, within the
first hour of their workday.
NOVENA: It is the obligation of THE WORKER to submit to the medical examinations requested by THE
COMPANY, in order to establish that it does not suffer from transmittable, contagious diseases, that does not
consume illegal drugs, and does not suffer from mental disorders that could endanger the
safety of the personnel and THE COMPANY.
TENTH: THE COMPANY reserves the right at its discretion to pay THE WORKER bonuses,
bonuses or additional sums aimed at increasing productivity and performance, without
that there is no obligation on the part of THE COMPANY, in accordance with what the Law establishes
44 of August 12, 1995.
ELEVENTH: THE COMPANY and THE WORKER may agree and modify the conditions of
the remuneration, whether through tasks, additional commissions or complementary bonuses. The
periodic fluctuations in the income of THE WORKER due to oscillations in production,
Sales or performance will not be understood as an increase or decrease in salary.
TWELFTH: Both parties agree that the term of this contract will be FOR A TIME
UNDEFINED
Both THE WORKER and THE COMPANY agree that due to the nature of the
contracted work, which requires a certain skill and special dexterity, a probationary period is required
three (3) months, to determine if THE WORKER can perform their job satisfactorily.
Therefore, the parties agree that during the trial period either party may
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to terminate the employment relationship without any liability, in accordance with what is established
Article 78 of the Labor Code.
In witness whereof, this contract is signed in three copies of the same tenor in the city of
Panama, on the __________ of the month of _______________ in 2017.
_________________________ __________________________