Nace MJ Release and Quitclaim

Download as doc, pdf, or txt
Download as doc, pdf, or txt
You are on page 1of 2

RELEASE AND QUITCLAIM

KNOW ALL MEN BY THESE PRESENTS:

I, Mark James Nace, Filipino Citizen, Legal Age, Single and a Resident of
Netra Malanday San Mateo Rizal under oath, depose and say that I have
ceased to be employed by Mandriva Builders Inc. (MBI) (the Company) on
April 24, 2024. Furthermore, I acknowledge receipt of the total amount of
Philippine Pesos Nine Thousand Five Hundred Seventy-Seven and 81/100
(Php 9,577.81) in full satisfaction of all employment benefits due me,
including but not limited to salaries, 13 th month pay, leave benefits, retirement,
redundancy, separation benefits, if any, from the Company arising from my
employment and the cessation of such employment. I acknowledge receipt of
all separation benefits due me from the Company, its affiliates, officers,
directors or assigns and hereby waive and relinquish all rights that I may have
to any further amounts that may be accorded as separation benefits. In
consideration for this amount:

1. I hereby release and forever discharge the Company, its affiliates, its
officers, directors, agents or other parties with which the Company does
business, from any claim, demands or complaint, for lack of cause of action
therefor and hereby withdraw any claim or lawsuit if I have any, now or in the
future, against them under any contract, statute or local Company policy
whatsoever relative to my employment with the Company and the cessation of
such employment. Any consideration received by me shall not be taken by me
or my heirs/assigns as an admission of liability by the Company for all legal
intents and purposes.

2. In addition, I acknowledge that during my employment with the


Company, I received all compensation and benefits which are due me under
law, contract or Company business practice. Should I be found, judicially or
otherwise, to be entitled to any further amount, I admit and acknowledge the
aforementioned consideration as full, complete and final satisfaction of any
and all such undisclosed claims. I also acknowledge that I have not been and
am not now suffering from any work-connected illness or disability.

3. I agree and obligate myself to keep these proceedings, the receipt of


the above amount from the Company, and all matters made known to me by
reason of my employment in strictest confidence and that no unauthorized
disclosure or reproduction of the same shall be made by me at any time.

4. I have read this document and the release and quitclaim executed
herein is given by me willingly and voluntarily and that this document is a
complete settlement of all my claims against the Company, its officers,
directors and agents.

Page 1 of 2
IN WITNESS WHREOF, I have signed this deed on this _____ day of
___________________________, 2024, in ___________ City.

________________________________
Affiant

SIGNED IN THE PRESENCE OF:

__________________________
_________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


) S.S.

BEFORE ME, a Notary Public, for and in the above locality personally
appeared, ______________________________, with his/her ¨ Philippine Passport
No. ______ issued on __________ in ____________; or ¨ Philippine Driver’s
License No. __________ issued on ____________ in ___________, bearing his/her
photograph and signature, and who showed to me his/her Community Tax Certificate
Nos.__________ issued on ____________ in_____________, known to me and to me
known to be the same person who executed the foregoing Release, Waiver and
Quitclaim, consisting of 2 pages including this Acknowledgment, and he/she
acknowledged to me that the same is his/her free and voluntary act and deed.

WITNESS MY HAND AND NOTARIAL SEAL this ___ day of _________


2024 at ______________.

Doc. No. _____;


Page No. _____;
Book No._____;
Series of 2024.

Page 2 of 2

You might also like