WAIVER
AND QUITCLAIM
I, (name of
waivor), citizenship, all of
legal age, a resident of (insert address here) and formerly employed with (insert
name of company or employer here) do by these presents acknowledge the receipt
of CASH/CHECK in the sum of (state amount of cash/value of check here),Philippine
Currency from (insert name of company or employer here) in full payment and
final settlement of my separation pay, and all other salaries, wages, and
gratuities or any kind of compensation or emoluments due to me or which may be
due to me from (insert name of company or employer here) under the law or under
any existing agreement with respect thereto, as well as any and all claims of
whatever kind and nature which I have or may have against (insert name of
company or employer here), arising from my termination of my employment with (insert
name of company or employer here).
In
consideration of said payment, I do hereby quitclaim, release, discharge and
waive any and all actions of whatever nature, expected, real or apparent, which
I may have against (insert name of company or employer here) by reason of or
arising from my employment with the company. I will institute no action,
whether civil, criminal, labor or administrative against (insert name of
company or employer here) Any and all actions which I may have commenced individually
or jointly with others before any office, board, bureau, court, or tribunal
against (insert name of company or employer here), are hereby deemed and
considered voluntary withdrawn by me and I will no longer testify or continue
to prosecute said action(s).
I declare that I have read this document and have fully understood its
contents. I further declare that I voluntarily and willingly executed
this Release, Waiver and Quitclaim with full knowledge of our rights under the
law.
IN WITNESS WHEREOF, we have hereunto set our hand at (enter place here),
this (enter date here).
(name and signature of waivor)
