WAIVER, RELEASE AND QUITCLAIM

I, _____________________, of legal age, Filipino, and a resident of

________________________________, after having been duly sworn in
accordance with law hereby depose and state:
1. I am an employee of _____________________ with office address at
_____________________ since _____________ and has rendered a
total length of service of ___________________;
2. I have already reached the age of sixty years old and is thus qualified for
the Optional Retirement Program of the company;
3. In consideration thereof and for reasons I deem beneficial to me, I hereby
wish to forego my employment in my present company;
4. For valuable consideration received, I am executing this deed to waive any
and whatever claim I may have present or contingent against the company
and release the company from any liability arising from my employment
therein;
5. I hereby acknowledge this deed to be my free and voluntary act.

IN WITNESS WHEREOF, I have hereunto affixed my signature this

_____ day of _______ 2019.

SUBSCRIBED AND SWORN to before me, a Notary Public for

_________ this ____ day of _______________ 2019. Mr./Mrs.
_____________ having exhibited to me his/her ___________________
issued at _________________ valid until _______________________
known to me and to me known to be the same person who executed this
Waiver, Release and Quitclaim and that the same is his/her free and
voluntary act.

WITNESS MY HAND AND SEAL this _____ day of ____________

2019 at ___________________________.

Doc. No.:
Page No.:
Book No.:
Series of 2019.