RELEASE WAIVER AND QUITCLAIM

KNOW ALL MEN BY THESE PRESENTS:

That I, MIRASOL RANAS, Filipino, of legal age, a resident of 83 Silencio

St., Santol, Quezon City, and formerly employed with Caalen Trading, do by
these presents acknowledge receipt of the sum of Forty Eight Thousand Seven
Hundred Fifty (PhP48,750.00) Pesos, Philippine Currency, from Caalen Trading,
in full payment and final settlement of the (financial assistance or separation pay,
overtime pay, salary or salaries, wage or wages, commutable sick and vacation
leaves, gratuities or any kind of compensation or emoluments) due to me or
which may be due to me from Caalen Trading under the law or under any
existing agreement with respect thereto, as well as any and all claims of whatever
kind and nature which I have or may have against Caalen Trading, arising from
my employment with (and the termination of my employment with Caalen
Trading.

In consideration of said payment, I do hereby quitclaim, release, discharge

and waive any and all actions of whatever nature, expected, real or apparent,
which I may have against Caalen Trading, its proprietor, officers, employees,
agents and clients by reason of or arising from my employment with the
company. I will institute no action, whether civil, criminal, labor or
administrative against Caalen Trading, its proprietor, officers, employees, agents
and clients. Any and all actions which I may have commenced either solely in
my name or jointly with others before any office, board, bureau, court, or
tribunal against Caalen Trading, its proprietor, officers, employees, agents and
clients are hereby deemed and considered voluntary withdrawn by me and I will
no longer testify or continue to prosecute said action(s).

I declare that I have read this document and have fully understood its
contents. I further declare that I voluntarily and willingly executed this Release,
Waiver and Quitclaim with full knowledge of my rights under the law.

IN WITNESS WHEREOF, I have hereunto set my hand this _____ day of

_______________ 2018 at Pasig City, Metro Manila, Philippines.

__________________________
MIRASOL RANAS

SIGNED IN THE PRESENCE OF

_______________________ ______________________
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

PASIG CITY……………….………..) S.S.

BEFORE ME, a Notary Public, on this _____________________ at ____________

_____________________, personally came and appeared affiant with his/her
competent evidence of identity, to wit:

MIRASOL RANAS

Known to me to be the same person who executed the foregoing Release Waiver
and Quitclaim and acknowledged to me that the same is his/her voluntary act
and deed.

WITNESS MY HAND SEAL, on the date and at the place above written.

Doc. No. ____;

Page No. ___ _;
Book No. ____;
Series of 2018.