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    Waiver & Quitclaim

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    Anonymous uMI5Bm
    The document is a release waiver and quitclaim signed by an employee acknowledging the lawful cessation of their employment with LBP Service Corporation. It releases the employer from any claims arising from the employment or separation, and acknowledges receipt of all salaries, benefits, and amounts due. It also includes confidentiality and cooperation clauses, and authorizes the deposit of quitclaim proceeds to the employee's payroll account.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Waiver & Quitclaim

    Uploaded by

    Anonymous uMI5Bm
    592 views1 page
    The document is a release waiver and quitclaim signed by an employee acknowledging the lawful cessation of their employment with LBP Service Corporation. It releases the employer from any claims arising from the employment or separation, and acknowledges receipt of all salaries, benefits, and amounts due. It also includes confidentiality and cooperation clauses, and authorizes the deposit of quitclaim proceeds to the employee's payroll account.

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    The document is a release waiver and quitclaim signed by an employee acknowledging the lawful cessation of their employment with LBP Service Corporation. It releases the employer from any claims arising from the employment or separation, and acknowledges receipt of all salaries, benefits, and amounts due. It also includes confidentiality and cooperation clauses, and authorizes the deposit of quitclaim proceeds to the employee's payroll account.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    592 views1 page

    Waiver & Quitclaim

    Uploaded by

    Anonymous uMI5Bm
    The document is a release waiver and quitclaim signed by an employee acknowledging the lawful cessation of their employment with LBP Service Corporation. It releases the employer from any claims arising from the employment or separation, and acknowledges receipt of all salaries, benefits, and amounts due. It also includes confidentiality and cooperation clauses, and authorizes the deposit of quitclaim proceeds to the employee's payroll account.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    REPUBLIC OF THE PHILIPPINES }

    _______________________ } s.s

    RELEASE WAIVER AND QUITCLAIM

    I, _________________________________________of legal age, with address at


    _______________________________________________, hereby acknowledge and accept the
    lawful cessation of my contractual employment with LBP Service Corporation (LBPSC, for brevity)
    hereinafter referred to as Employer, effective on ________________, and further manifest and
    declare that:

    1. I acknowledge having received from my Employer to my full and complete satisfaction, all
    amounts due me from my Employer. I further declare that I have been fully paid my salaries, and
    such other benefits/amount including any financial assistance that may be due me, whether such
    amounts are by virtue of my contract of employment, the lawful cessation of my employment
    with the Employer or any laws, rules on equity, company program and/or company practices.

    2. In consideration of the foregoing payments, I hereby release, remise, waive and forever discharge
    my Employer, its principals, stockholders, officers, directors, agents, employees and associates
    from any action, whether civil, criminal, administrative or otherwise, or from any claim of any
    kind or character arising out of or in connection with any employment or any legal separation
    therefrom such as, without limitation, salaries. Allowances, holiday pay, fringe benefits, 13 th
    Month Pay, tax refunds, or any financial assistance.

    3. I will not, at any time in any manner whatsoever, directly or indirectly, disclose to any person or
    entity any information of any kind relating to the business of LBPSC or any of its client companies
    to where I am assigned, or to any of their affiliates or related companies, including but not
    limited to information concerning their business, their manner of operations, plans, processes or
    data of any kind which I acquired, learned, and received during my employment.

    4. I shall render every cooperation necessary and obligate to turn over and account for all records,
    banks, money, properties and assets in my possessions.

    5. I hereby declare that I have no cause of action whatsoever against my employer, its principals,
    stockholders, officers, directors, agents, employees and associations in respect of any matter
    incident to or arising out of my employment or cessation thereof.

    6. I further declare that if I commit an act contrary to any provision of this document, I will hold my
    employer free and harmless from any and all liabilities and will pay for all damages suffered by
    them.

    7. I have read this document entitled Release Waiver and Quitclaim, and fully understood every
    word of it and its meaning and have affixed my signature hereunder voluntarily and freely with
    the full and complete knowledge of the meaning and intent of the documents and of any rights
    under existing laws and rules on equity.

    8. I HEREBY AUTHORIZE LBPSC TO DEPOSIT THE PROCEEDS OF MY QUITCLAIM TO MY LANDBANK


    ATM PAYROLL ACCOUNT NO. ________________________.

    Affiant Date

    Subscribed and sworn to before me this day of___________200 , affiant exhibiting to


    me his/her SSS Identification Card No. ___________________.

    Doc. No. _______


    Page No. _______
    Book No. _______
    Series of _______

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