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RELEASE WAIVER AND QUITCLAIM

I, ___________________________, of legal age, with address at


________________________________________________________
_________, hereby manifest and declare that:

1. I acknowledge having received from


______________________. (hereinafter referred to as “the
Company”), the sum of
______________________________________________
(P________________) to my full and complete satisfaction and
payment of all amounts due me, as __________________ of the
Company.

2. In consideration of the foregoing payments, I hereby release,


waive and forever discharge the Company, its principals,
stockholders, officers, directors, agents and employees, from any
action, whether civil, criminal, administrative or otherwise, or from
any claim of any kind or character arising out of or in connection
with my employment with the Company.

3. I will not at any time in any manner whatsoever, directly or


indirectly, disclose to any person or entity, any information of any
kind relating to the business of the Company or any of its affiliates
or related companies, including but not limited to information
concerning their businesses, their manner of operation, plans,
processes or data of any kind which I acquired, learned and
received during the period I was connected with the Company. I
shall not, except as may be required by law, upon lawful order of the
court, or by express written consent of the Company, reveal
(whether deliberately or through negligence) any proprietary
information as herein-below-defined, to any person, firm, company,
organization or otherwise make use of any of the Company's trade
secrets, proprietary business methods or any such similar
information (other than those of public knowledge) concerning the
organization, business, financial transaction or other similar affairs
of the Company.

4. I acknowledge and understand that the term “proprietary


information” shall include all information and idea in whatever form,
tangible or intangible (including such information or idea on any
electronic or machine-readable medium), pertaining to the business
of the company other than any information or idea which is or has
become publicly known through lawful means.

5. I further declare that if I commit an act contrary to any


provision of this document, I will hold the Company, its principals,
stockholders, officers, directors, agents and employees free and
harmless from any and all liabilities, and will pay for all damages
suffered by them and acknowledge that the Company may proceed
against me for breach of this confidentiality clause.

6. I have read this document and fully understood every word


of it and its meaning and have affixed my signature hereunder
voluntarily and freely with the full and complete knowledge of the
meaning and intent of this document and of my rights under existing
laws and rules on equity.
[Place and Date].

_________________________
[Signature over Printed
Name]

SIGNED IN THE PRESENCE OF:

__________________ ___________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )


CITY OF _____________________ )

BEFORE ME, this ____ day of ____________, 200___, at


_________________, personally appeared ____________________
with Community Tax Certificate No. _____________ issued on
__________________ at _____________________, known to me
and to me to be the same person who executed the foregoing
instrument and he acknowledged to me that the same is his free act
and deed.

IN WITNESS WHEREOF, I have hereunto set my hand and


affixed my notarial seal, the day, year and place above written.

Doc. No._______;
Page No._______;
Book No. ______;
Series of 2018.

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