COMPROMISE AGREEMENT

We, Complainant _____________, and the Respondent _____________,

hereby enter into this Compromise Agreement / Settlement of Any and All
Claims, and by virtue thereof manifest as follows:
That Complainant _____________, by these presents, and for and in
consideration of the total amount of __________________________
(P_____________), which he acknowledged to have received to his full and
complete satisfaction from the Respondent _____________, hereby declares
that he has no further claims whatsoever against the Respondent
_____________ or any of its managers, staff, directors or officers and that
he hereby releases and forever discharges the said Respondent from any
and all claims, demands, cause of action, or liability of whatever nature
arising out of his employment with the said Respondent;

That Complainant _____________ further manifests that the

aforementioned amount that he received from Respondent _____________
shall be in full and final settlement of all his claims and benefits from the
said Respondent, including those treated in the above-captioned case and
that the payment so received as provided herein should not in any way be
construed as an admission of liability on the part of Respondent
_____________;

That this Compromise Agreement / Settlement of Any and All Claims

constitutes a Release, Waiver and Quitclaim and that no further claim, suit
or proceeding of whatever nature may be filed in any court or agency of the
government against the herein Respondent or any person acting in its
interest, since any and all claims in connection with the previous
employment of the said Complainant have been finally settled once and for
all.
As such, the parties hereto respectfully request the National Labor Relations
Commission to treat the above-captioned case as CLOSED and/or finally
DISMISSED with prejudice.

IN WITNESS WHEREOF, we have hereunto set our hands this

_____________ at _____________, Philippines, after the contents of
this Compromise Agreement / Settlement of Any and All Claims were read
and understood by me after they have been explained by the Administering
Officer.
COMPLAINANT RESPONDENT

SIGNED IN THE PRESENCE OF:

__________________ __________________
(ACKNOWLEDGMENT)