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Sample Waiver

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REPUBLIC OF THE PHILIPPINES)

_______________________________) ss.

RELEASE, WAIVER AND QUITCLAIM

I, ______________________, Filipino, of legal age, and residing


at ______________________________, hereby acknowledge having
fully and completely received the amount of ________________
(P_________. __) in full settlement of all my monetary claims for
separation pay (financial assistance), unpaid wages, and all other
claims, which pertain to me presently or contingently in
consequence, or as an incident of my resignation as ____________ of
_________________. In consideration of said payment - - -

1. I hereby release, remise and forever discharge


_______________________, its officers, directors, agents or
employees from any action, sum of money, damages, claims and
demands whatsoever, which in law or equity I have ever had, or
which I, my heirs, successors and assigns hereafter may have upon
or by reason of any matter, cause or thing whatsoever, up to the
time of these presents, the intention hereof being to completely and
absolutely release ___________________________, its officers,
directors, agents or employees from all liabilities arising wholly or
partly from my employment therewith;

2. I further warrant that the amount received by me was in full


satisfaction of my claims as above-stated. I also manifest that the
payment to me by ___________________________ of the foregoing
sum of money shall not be taken by me, my heirs or assigns as a
confession and/or admission of liability on the part of
_____________________________, its officers, directors, agents or
employees for any cause, demand or damages I may have against
any and all of them, now or in the future;

3. I acknowledge that I have received all amounts and benefits


that are now due me from _________________________________. I
also acknowledge that during the period of my employment with
said entity, I received and was paid all wages and salaries,
compensation, benefits and privileges to which I am entitled under
all laws and policies of __________________ by reason of such
employment; and if I hereinafter be found in any manner to have
been entitled to any amount, the above consideration is a full and
final satisfaction of any and all such undisclosed claims

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4. I further acknowledge and agree that I will not publish or
circulate any malicious or misleading remarks about
__________________, its officers, directors, agents or other
management personnel;

5. I finally declare that I have read this document, which has


been fully explained to me in Filipino and the release, waiver and
quitclaim is hereby given and made willingly and voluntarily and
with full knowledge of my rights under the law.

IN WITNESS WHEREOF, I have hereunto set my hand this


___ day of __________, 2007, in ______________, Philippines.

____________________
Affiant

REPUBLIC OF THE PHILIPPINES)


______________________________ )S.s.

ACKNOWLEDGMENT

BEFORE ME, a NOTARY PUBLIC for and in the City of


__________, this ___ day of __________, 2007, appeared
_____________, with Community Tax Certificate No.
_____________________ issued on ________________ at
_______________, known to me to be the same person who executed
the foregoing Release, Waiver and Quitclaim and acknowledged to
me that the same is her voluntary act and deed. This document
consisting of three (3) pages including this acknowledgment has
been signed by the party together with their instrumental witnesses
on each and every page hereof.

WITNESS MY HAND AND SEAL on the date and place above


written.

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Doc. No. ___
Page No. ___
Book No. ___
Series of 2007.

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