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RELEASE WAIVER AND QUITCLAIM

KNOW ALL MEN BY THESE PRESENTS:

1. That I, Purple Thanos , Filipino, of legal age, a resident of Milky Way Avenue Corner
Blackhole St., Universe City, and formerly employed with Avengers Corporation, do by these
presents acknowledge receipt of the sum of Two Hundred Fifty Thousand (250,000.00),
Philippine Currency, from Avengers Corporation as full payment and final settlement of the
financial assistance and separation pay due to me or which may be due to me under the
Labor Code or under any existing agreement with respect thereto, as well as any and all
claims of whatever kind and nature which I have or may have against Avengers Corporation
arising from my employment and termination of my employment with them.

1.1 The remuneration is as follows:

a. Separation pay: 60 years of service x 3,0000.00 = 180,000.00


b. Financial assistance for length of service rendered = 70,000.00
c. 180,000.00 + 70,000.00 = 250,000.00

2. In consideration of said payment, I do hereby quitclaim, release, discharge and waive


any and all actions of whatever nature, expected, real or apparent, which I may have against
Avengers Corporation and I will institute no action, whether civil, criminal, labor or
administrative against them. Any and all actions which I may have commenced either solely
in my name or jointly with others before any office, board, bureau, court, or tribunal against
Avengers Corporation, is hereby deemed and considered voluntary withdrawn by me and I
will no longer testify or continue to prosecute said action(s).

3. I declare that I have read this document and have fully understood its contents. I
further declare that I voluntarily and willingly executed this Release, Waiver and Quitclaim
with full knowledge of my rights under the law.

IN WITNESS WHEREOF, I have hereunto set my hand at _____________, this ___ day of
_______________, 2019.

Purple Thanos
Affiant

SIGNED IN THE PRESENCE OF

_______________________ ______________________

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