RELEASE WAIVER AND QUITCLAIM

KNOW ALL MEN BY THESE PRESENTS:

That I, ARGIE P. DIONIO Filipino, of legal age, a resident of DAANTABOGON

TABOGON CEBU and formerly employed with VERTEX ONE APPAREL PHILS., INC. do by
these presents acknowledge receipt of the sum of TWO THOUSAND FIFTEEN PESOS AND
72/100 ONLY (Php 2,015.72) Philippine Currency, from VERTEX ONE APPAREL PHILS, INC.
in full payment and final settlement of the (separation pay, overtime pay, salary or salaries, wage or
wages, commutable sick and vacation leaves, gratuities or any kind of compensation or emoluments)
due to me or which may be due to me from VERTEX ONE APPAREL PHILS., INC. or any of its
affiliate companies belonging to the Sportscity Group of Companies, the corporation’s
directors, stockholders, officers and employees, arising from my employment or related to
such employment with (and any matter in connection with the termination of my employment with
VERTEX ONE APPAREL PHILS., INC. or any of its affiliate companies belonging to the
Sportscity Group of Companies)

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
VERTEX ONE APPAREL PHILS., INC. or any of its affiliate companies belonging to the
Sportscity Group of Companies, its directors, stockholders, officers, employees, agents and clients
by reason of or arising from my employment with the company.  I will institute no action, whether
civil, criminal, labor or administrative against VERTEX ONE APPAREL PHILS., INC. or any of its
affiliate companies belonging to the Sportscity Group of Companies, its directors, officers,
stockholders. employees, agents and clients.  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 VERTEX ONE APPAREL PHILS., INC. or any of its affiliate companies
belonging to the Sportscity Group of Companies, its directors, officers, employees, agents and clients
are hereby deemed and considered voluntary withdrawn by me and I will no longer testify or
continue to prosecute said action(s).

            I declare that I have read this document and have fully understood its contents. I acknowledge
that this document was explained to me as well in the Visayan dialect to ensure my understanding of
the contents of this document.  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 Lapulapu City, Philippines, this
___ day of _____________ 2021.
                                                                               
            _______________________
                                                                                                            Affiant
  SIGNED IN THE PRESENCE OF

_______________________        ______________________

SUBSCRIBED AND SWORN to before me a notary public in and for the City of Lapulapu,
Philippines, this ____day of ________________ 2021, Affiant, having exhibited to me his/her Social Security
System (SSS) No. ______________.

Doc. No. _____;

Page No. ____;
Book No. ___;
Series of 2021.