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Final Pay Computation

1. Manabat Joshfritz Puri signed a release waiver acknowledging receipt of PHP 12,701.55 from MAJOREL as settlement for all remuneration and benefits relating to Puri's termination from the position of Customer Service Representative IV. 2. In consideration of the payment, Puri releases MAJOREL from any past, present or future claims arising from Puri's employment and termination. Puri also agrees not to disclose any confidential information about MAJOREL. 3. Puri warrants that no action will be instituted against MAJOREL relating to the employment and termination. The document was signed voluntarily by Puri with full knowledge of legal rights.

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100% found this document useful (1 vote)
241 views1 page

Final Pay Computation

1. Manabat Joshfritz Puri signed a release waiver acknowledging receipt of PHP 12,701.55 from MAJOREL as settlement for all remuneration and benefits relating to Puri's termination from the position of Customer Service Representative IV. 2. In consideration of the payment, Puri releases MAJOREL from any past, present or future claims arising from Puri's employment and termination. Puri also agrees not to disclose any confidential information about MAJOREL. 3. Puri warrants that no action will be instituted against MAJOREL relating to the employment and termination. The document was signed voluntarily by Puri with full knowledge of legal rights.

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Kill Mint
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RELEASE WAIVER, NON-DISCLOSURE AND QUITCLAIM

I, Manabat Joshfritz Puri, Filipino, of legal age and with residence at 1960 South Daang Bakal, Dau, ,, hereby acknowledges
having received from MAJOREL, formerly known as ARVATO CORPORATION, (herein referred to as MAJOREL) the Amount of,
Twelve thousand Seven Hundred One Pesos and Fifty Five Centavos, (Php 12,701.55) as full and complete settlement of all my
remuneration, claims and all other benefits which I have accrued to me or which I am entitled under the law, in relation to
and/or in connection with my appointment and termination from, the position of Customer Service Representative IV (CSR IV)
L-II .

In consideration of which;
1. I remise, release and forever discharge MAJOREL, its successors-in-interest, stockholder, officers, directors, agent or
employees from any action, sum of money, damages, claims and demands whatsoever, which in law or equity I ever
had, now have or which I, my successors and assigns hereinafter may have by reason of any matter, cause or thing,
whatsoever, up to the time of these presents, the intention hereof being completely and absolutely to release MAJOREL
its successors-in-interest, stockholder, officers, directors, agent or employees from all liabilities arising wholly and
partially or directly from my appointment to and termination from the position of Customer Service
Representative IV (CSR IV) L-II.

2. I also manifest that the payment by MAJOREL of all the foregoing sum of money, shall not be taken by me, my heirs or
assigns as a confession and/or admission of liability on the part of MAJOREL its successors-in-interest, stockholder,
officers, directors, agent or employees for any matter, cause, demand or claim that I may have against any or all of
them. I acknowledged that I have received all the amounts that are now, or in the future, maybe due to me from
MAJOREL. I also acknowledge that during the entire period of my employment with MAJOREL, I received and I was paid
all compensations, benefits and privileges to which I am entitled under the law. And if I were hereafter found in any
manner to have been entitled to any amount, the above consideration is full and complete satisfaction of any and all
such undisclosed claims.

3. I will not in any time and in any manner whatsoever directly or indirectly, disclose to any person or entity any
information of any kind relating to the business of MAJOREL or any other information concerning the business of
MAJOREL, its manner of operations, its plans, its process or data of any kind.

4. I will agree that except, for truthful statements in any proceedings to enforce this agreement or pursuant to a valid
subpoena or court order, neither will make or publish any statement (orally or in writing) that becomes reasonably
could be expected to become publicly known, instigate, assist or participate in the making or publication of any
statement, which would libel, slander or disparage (whether or not such disparagement legally constitute libel or
slander) with respect to MAJOREL, any of its affiliates, any of their affairs or operations, or the reputations of any of
their past or present officers, directors, agents, representatives and employees.

5. Without the prior written consent of MAJOREL, except to the extent required by an order of a court having jurisdiction
or under subpoena from an appropriate government agency, in which event, I shall use the best effort to consult with
MAJOREL prior to responding to any order or subpoena, I shall not disclose any confidential or proprietary trade secrets,
customer lists, drawings, designs, programs, software, protocols, information regarding product development,
marketing plans, sales plans, manufacturing plans, management organization information, operating policies or
manuals, business plans, financial records, packaging design or other financial, commercial, business or technical
information (a) relating to MAJOREL or any of its affiliates or (b) that MAJOREL or any of its affiliates may receive
belonging to suppliers, customers or others who do business with MAJOREL or any of its affiliates (collectively,
“Confidential Information”) to any third person unless such Confidential Information has been previously disclosed to
the public or is in the public domain.
I further agree that the terms of this Agreement, and the negotiations leading up to it shall not be disclosed by the
parties to any person, other than in a proceeding to enforce the terms of this agreement or pursuant to valid subpoena
or court order.

6. I warrant that I will not institute any kind of action and will not continue to prosecute any pending action against
MAJOREL as well as its successors-in-interest, stockholder, officers, directors, agent or employees by reason of my
appointment to and termination from the position of Customer Service Representative IV (CSR IV)
L-II

7. I finally declare that I have read and understand this document and release, waiver and quitclaim hereby is made
willingly and voluntarily with full knowledge of rights under the law.
8. The invalidity of any portion of this agreement will not and shall not be deemed to affect the validity of any other
provision. In the event that any of the provision of this agreement is held to be invalid, I hereby agree that the remaining
provisions shall be deemed to be in full force and effect as if they have been executed by me subsequent to the
expungement of the invalid provision.

IN WITNESS WHEREOF, I have hereunto set my hand this day of _____________ at _____________, Philippines.

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