RELEASE, WAIVER AND QUITCLAIM
KNOW ALL MEN BY THESE PRESENTS:
That I, _____________________, of legal age, Filipino, and a resident of ______________________ hereby
acknowledged that my employment with PHILLOGIX SYSTEMS, INC. / IDEASERV SYSTEMS, INC.,
(hereinafter referred to as the “Company”) validly caused effective_________________, as a result of any
resignation / separation as of said date:
Furthermore:
1. I, release, remise and forever discharge the company, its present company, affiliates, and
subsidiaries from any action claim for sum of money, or any obligations arising from all incidents
of employment with the Company or the cessation of such employment.
2. I, acknowledge that I have received all amounts that are now or in the future may due me from
the company per check number __________, amounting to ______________________.
3. I acknowledge that I have no cause of action, complaint, case, or grievance whatsoever against
the company, affiliates and subsidiaries, directors, or employees in connection with or based on
my employment with the company or cessation of such employment.
4. I will not directly or indirectly disclose to any authorized person entity and confidential
information relating to the business of the Company, its manner of operation, plans, processing
of date, as well as other information or documents which have been expressly classified or by
nature considered as confidential.
5. I agree to indemnify the Company, affiliates and subsidiaries, directors, officers, or employees
for any loss or damage any or all of them may suffer by reason of my breach of any of the
undertakings and commitments expressed herein.
6. I finally declare that I have read this entire document, the contents of which have been
explained and which I acknowledge to understand, and that the entire release, waiver and
quitclaim hereby given and made willingly, voluntarily and with full knowledge of my rights under
the law.
IN WITNESS WHEREOF, I have hereunto set my hand at the City of _______________ this
day of __________________________.
_________________________
Affiant
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES)
________________________CITY) S.S
BEFORE ME, a Notary Public, in and for _______________________________, personally appeared
______________ with Residence Certificate Number ______________ Issued at _________________ issued
on _______________ known to me to be the same person who executed the forgoing release, waiver and
quitclaim and who acknowledge to me that the same person is his/her free and voluntarily act and deed.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal this day of
___________ at the City of ___________________.
Doc. No. _______
Page No._______
Book No._______
Series of_______