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    Release Waiver and Quitclaim

    Uploaded by

    Carol Donsol
    1. The document is a release waiver and quitclaim signed by an employee acknowledging the lawful termination of their employment and releasing the company from any claims arising from their employment or termination. 2. The employee declares they have received full payment for salaries, benefits, and separation pay owed. 3. In consideration of the payments received, the employee releases the company from any civil, criminal, or administrative claims related to their employment or termination.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Release Waiver and Quitclaim

    Uploaded by

    Carol Donsol
    2K views2 pages
    1. The document is a release waiver and quitclaim signed by an employee acknowledging the lawful termination of their employment and releasing the company from any claims arising from their employment or termination. 2. The employee declares they have received full payment for salaries, benefits, and separation pay owed. 3. In consideration of the payments received, the employee releases the company from any civil, criminal, or administrative claims related to their employment or termination.

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    Release Waiver Quitclaim

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    1. The document is a release waiver and quitclaim signed by an employee acknowledging the lawful termination of their employment and releasing the company from any claims arising from their employment or termination. 2. The employee declares they have received full payment for salaries, benefits, and separation pay owed. 3. In consideration of the payments received, the employee releases the company from any civil, criminal, or administrative claims related to their employment or termination.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    2K views2 pages

    Release Waiver and Quitclaim

    Uploaded by

    Carol Donsol
    1. The document is a release waiver and quitclaim signed by an employee acknowledging the lawful termination of their employment and releasing the company from any claims arising from their employment or termination. 2. The employee declares they have received full payment for salaries, benefits, and separation pay owed. 3. In consideration of the payments received, the employee releases the company from any civil, criminal, or administrative claims related to their employment or termination.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    RELEASE WAIVER AND QUITCLAIM

    RELEASE WAIVER AND QUITCLAIM


    I,
    (name
    of
    employee),
    of
    legal
    age,
    residing
    at
    _____________________________, hereby acknowledge the involuntary and
    lawful termination of my employment from _________________________ (the
    Company) effective _________ and manifest and declare that:
    1.
    I
    have
    received
    and
    been
    paid
    the
    amount
    of
    _______________PESOS (P______________) by way of Cash (or Check No.
    ______________), representing full and complete settlement of my separation
    pay and/or retirement pay from the Company. I further declare that I have already
    been paid in full all amounts representing my salaries, allowances and other
    benefits, monetary or otherwise, due me from the Company, its stockholders,
    officers, directors, agents and/or its employees, whether such amount, are due
    me by virtue of any law, Company program, and/ or Company practice.
    2.
    In consideration of the foregoing payments, I hereby acknowledge
    and accept the involuntary and lawful termination of my employment with the
    Company and hereby release, remise, waive and forever discharge the
    Company, its stockholders, officers, directors, agents and/or its employees from
    any action, whether civil, criminal, administrative or otherwise, or from any claim
    of any kind or character on account of the termination or cessation of my
    employment and/or arising out of or in the course of my employment with the
    Company, such as, for example, salaries, allowances, holiday pay, fringe
    benefits, separation and retirement pay, etc.
    3.
    I undertake not to do or cause anything prejudicial to the interests
    of the Company or of any of its departments or divisions or of its officers,
    directors or stockholders. I also agree that whenever so requested, without any
    expectation of compensation, except where it involves a considerable amount of
    my time, I will assist the Company in any reasonable manner that may be
    requested of me relative to any matter of which I have knowledge by virtue of my
    previous employment therewith.
    4.
    I will not at any time in any manner whatsoever, directly or
    indirectly, disclose to any person or entity any confidential information of any kind
    relating to the business of the Company, including but not limited to, any of its
    clients or any other confidential information concerning the business of the

    Company, its manner of operation, its plans, processes or date of any kind which
    I acquired, learned or received in confidence during my employment.
    5.
    I shall render every cooperation necessary and obligate myself to
    turn over and account for all Company records, books, properties, and assets in
    my possession.
    6.
    I further acknowledge that should I be awarded any claim under
    any law or any order of a competent authority, the above-mentioned
    considerations shall be considered full and final settlement of any and all such
    claims.
    7.
    I have no cause of action whatsoever against the Company, its
    Board of Directors, its officers or employees in respect of any matter incident to
    or arising out of my employment with said Company or due to the cessation of
    said employment.
    8.
    Finally, I have read this document entitled Release Waiver and
    Quitclaim, 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.
    AFFIANT FURTHER SAYETH NAUGHT.
    (name and signature of employee)
    Affiant
    SIGNED IN THE PRESENCE OF:
    ____________________________

    ______________________________

    SUBSCRIBED AND SWORN to before me this ___ day of ____________,


    affiant exhibiting to me his Community Tax Certificate No. __________ issued on
    ____________________ at ___________________________.
    Administering Officer

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