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Release, Quit Claim

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RELEASE, WAIVER AND QUITCLAIM

KNOW ALL MEN BY THESE PRESENTS:

I, (Odeza Raze Evasco), Filipino,single, of legal age, and a resident of (245 Balisay St Bacood
Sta Mesa Manila), confirm my separation from employment with (ARC Refreshment Corp), a
corporation duly organized and existing under Philippine laws with office address at (Blk 37 G Lot 21
phase 3 F1 Dagat Dagatan Caloocan City) (herein called the “ARC”), and by reason thereof hereby:

1. Release, remit and forever discharge said Company, its directors, stockholders, officers, agents
and employees; all their successors and assigns from any action, sum of money or other obligations
arising from or in connection with my previous employment with said Company or the cessation thereof.

2. Acknowledge that I have received all amounts that are now or in the future may be due me
from the Company through direct credit to my (Gcash No ____________) on (Date of
Payment_________) amounting to (AMOUNT IN WORDS) (Php_40,330..72__) representing my full
separation benefits.

3. Acknowledge that I have no cause of action, claim or grievance whatsoever against the said
Company, its directors, stockholders, officers, agents or employees, all their successors and assigns, with
respect to any matter incident to or arising out of my employment or the cessation thereof. Any
consideration received by me shall not be taken by me or my heirs or assigns as an admission of liability
by the Company, its directors, stockholders, officers, agents or employees; its successors and assigns for
all legal intents and purposes, nor does its arise out of a Company rule or policy.

4. Undertake not to disclose confidential or commercially sensitive information obtained in the


course of my employment with the Company to any other party at any time, directly or indirectly, without
prior written consent of (Name of Company). I understand that this obligation of confidentiality shall
subsist in perpetuity.

5. I have read and understood this document and the release, waiver and quitclaim executed
herein is given by me willingly and voluntarily and that this is a full settlement of my Separation pay and
other benefits from the Company, its directors, stockholders, officers, agents and employees, their
successors and assigns.

IN WITNESS WHEREOF, I have hereunto set my hand this (January 30, 2024) at (Metro
Manila).

(NAME OF FORMER EMPLOYEE)


Releaser

Signed in the presence of: ________________________ ________________________

ACKNOWLEDGMENT

Republic of the Philippines )


City of _____________ ) S.S.
BEFORE ME, a Notary Public in and for (Place of Notarization), this (Date of Notarization),
personally appeared (Name of Signatory), with (Government ID Details), valid until (Date of Expiry)
known to me to be the same person who executed the foregoing instrument and acknowledged the same
as his/her own free will and deed.

WITNESS MY HAND AND NOTARIAL SEAL on the date and place first above written.

Doc. No. _____;


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

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