(Waiver, Release and Quitclaim)

REPUBLIC OF THE PHILIPPINES)

Province of ____________________) S.S.
City/Municipality of _____________)
x-----------------------x

WAIVER, RELEASE AND QUITCLAIM

I, _____________, Filipino, of legal age, (single / married / widow), and a resident of

_____________, Philippines, after being sworn to in accordance with law, depose and state:

1. That by these presents, I hereby state that I have voluntarily resigned as __Position
Held__ of __Employer__;

2. That I hereby acknowledge to have received from my employer the sum of

__________________________ (P_____________) which is in full and final
satisfaction of my salary and other benefits that may be due me for the service which
I have rendered for the latter employer;

3. That I hereby declare that I have no further claims whatsoever against my employer,
its President, members of the Board, officers or any of its staff and that I hereby
release and forever discharge all of them from any and all claims, demands, cause of
action of whatever nature arising out of my employment with the latter;

4. I further agree that this WAIVER, RELEASE AND QUITCLAIM may be pleaded in
bar to any suit or proceeding (Civil, SSS, PhilHealth, Medicare, Labor, etc.) to which
either I, or my heirs and assigns, may have against my employer in connection with
my employment with the latter and that the payment which I have received as
provided herein should not in any way be construed as an admission of liability on the
part of my employer and is voluntarily accepted by me and will, if need be, serve as
full and final settlement of any amount(s) due me or any claims or cause of action,
either past, present, future, which I may have in connection with my employment
with my employer;

5. As such, I finally make manifest that I have no further claim(s) or cause of action
against my employer nor against any person(s) connected with the administration and
operation of the latter and forever release the latter from any and all liability.

IN WITNESS WHEREOF, I have hereunto set my hand this _____________ at

_____________, Philippines.

AFFIANT

(JURAT)