Date: 21 JANUARY 2025
Dear Clairevy Mateo,
NOTIFICATION OF TERMINATION OF EMPLOYMENT
Further to our various discussions, for business reason the Group has taken
the decision to lessen the manpower. This unfortunately means that your
employment with Wpay Technology Service Corp. (“the Company”) will terminate in
accordance with the applicable employment law principles.
This letter serves as notice of the termination of your employment, and I confirm
that your last date of employment will be on (31st January 2025) (“Termination
Date”).
As of 21 January 2025, you are on garden leave and are no longer required to
attend work unless specifically requested to do so. You should therefore refrain from
attending the office or contacting any of our customers, suppliers, employees,
officers, or representatives. However, you shall remain employed by the Company
and must be available and contactable during normal working hours to deal with any
work-related matters that may arise. You shall continue to receive your normal
salary and contractual benefits up to your final day of your employment (31st
January 2025).
During your notice period, you should be able to undertake any other business or
profession, attending interviews, or be or become an employee, officer or agent of
any other firm, company, or person.
Under your terms of employment, you are contractually or statutorily entitled to a
retrenchment/termination benefit, which is until the end day of your employment of
your basic salary (“Termination Benefit”). The payment of the Termination Benefit is
subject to lawful deductions, income tax clearance and you returning a duly signed
copy of the Deed of Release attached as Appendix A to this letter within three (3)
working days from the date hereof. The Termination Salary will be paid to you on the
[05 February 2025]
All employee benefits will cease on Termination Date and your entitlement will be
pro-rated up to the Termination Date. You will also need to return all Company
property currently in your possession on or before Termination Date; and will be
continuing to be bound by your continuing obligations under your contract of
employment.
If applicable and in accordance with its legal requirements, the Company will notify
the immigration authorities of the termination of your employment within seven (7)
working days of Termination Date and your employment visa will accordingly be
cancelled by the authorities immediately upon such notification, requiring you to
leave the country immediately.
If you have any questions in relation to this matter, please feel free to contact the HR
or me, The Group Secretary.
Please acknowledge receipt of this letter by signing and returning the duplicate of
this letter.
Yours faithfully,
MR. RICHARD LEE
HR Manager
For Wpay Technology Service Corp.
ACKNOWLEDGEMENT OF RECEIPT
I hereby acknowledge receipt of this letter.
…………………………………………..
Name:
Gov’t ID Number:
Date:
Appendix A
Deed of Release
In consideration of Ocean Gaming Ltd’s agreement to pay me the Termination
Benefit as referred to the Termination Letter dated [21 January 2025]
(“Termination Benefit”), I hereby agree and acknowledge, knowingly and voluntarily,
as follows:
1. That my execution and delivery of this Deed constitutes my acknowledgement
and representation that the payments in the Termination Letter constitute in
full all wages and benefits owed to me as at the Termination Date (as defined
in the Termination Letter) and that no disputed or undisclosed wage, benefits,
expense, rights or other claims exist or remain outstanding, except for the
Termination Benefit which is due to be paid in accordance with the
Termination Letter.
2. That I waive and release forever whatever claims I ever had, now have or
hereafter may have against Ocean Gaming Ltd. (“The Company”), its current
and former parent, subsidiaries, and associated companies and firms, and
their current and former officers, directors, shareholders, agents, and
employees and assigns, (collectively referred to as “the Group”), based upon
any offer, agreement, matter, occurrence or even existing or occurring prior
to the execution of this Deed in any way related to my employment and/or
the termination of my employment with the Group.
3. Never to institute any claim, suit or action at law or in equity in any court of
law or tribunal against the Group by reason of any claim I ever had, now have
or hereafter may have in respect of my employment with the Group, and/or
the cessation thereof. This expressly includes but is not limited to a waiver
and release of any rights and claims arising under any and all laws, rules,
regulations, or ordinances. I agree and undertake to fully indemnify and hold
the Group harmless from any loss, expense, legal costs, damage or liability
suffered or incurred in connection with any such claim, right, demand and/or
cause of action made by myself or my agents whether under the Industrial
Relations Act 1967 or otherwise.
4. The payment of the Termination Benefit by the Company does not in any way
indicate that I have any viable claims against the Group.
5. Not to, whether directly or indirectly, make, publish or otherwise
communicate any disparaging or derogatory statements, whether in writing or
otherwise, concerning the Group.
6. To keep the terms of this Deed strictly confidential and agree not to disclose,
communicate or otherwise make public the same to anyone (save where
disclosure is required by law).
7. To abide by the continuing obligations contained in my contract of
employment.
8. To comply with the exit procedure set out in the Termination Letter and as
required by the Company.
9. That breach(es) of paragraph 5,6,7 and/or 8 above will cause the Group
irreparable damage for which recovery of damages would be inadequate, and
that the Group shall therefore be entitled to obtain timely injunctive relief
under this Deed, as well as such further relief as may be granted by a court of
competent jurisdiction.
10. If any provision of this Deed is held invalid, unenforceable or illegal for any
reason, this Deed shall remain in full force apart from such provision which
shall be deemed deleted. I agree that the provision or provisions of this Deed
held to be unenforceable will be reformed without further action by me or the
Group and only to the extent necessary to make such provision or provisions
valid and enforceable.
I confirm that I have been given sufficient time to consider this release and its
consequences.
Signed by:
…………………………………………..
Name:
Passport Number:
Date:
In the presence of:
…………………………………………..
Name:
Passport Number:
Job Title:
21 January 2025
Private & Confidential
To whom it may concern,
Re: [CLAIREVY SAN AGUSTIN MATEO]
Further to your request for a reference for the above, Company policy is to only
confirm the following standard information
Dates of employment: 09 December 2024 to 31 January 2025
Job Title: Executive Assistant
The provision of such information does not imply any comment, negative or positive
about the employee or the course of their employment with the company.
The reference is given in the strictest confidence and without liability on our behalf.
Should you have any queries regarding the content of this letter please do not
hesitate to contact us.
Yours sincerely,
Richard Lee
Group Secretary
