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REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF LABOR AND EMPLOYMENT


NATIONAL LABOR RELATIONS COMMISSION
Quezon City

REYNALDO S. GERALDO,
Complainant,

- Versus - NLRC NCR Case No. 02-02167-12

THE BILL SENDER CORPORATION,


Respondent.
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QUITCLAIM, RELEASE AND COMPROMISE AGREEMENT


ON THE SATISFACTION OF JUDGMENT

I, REYNALDO S. DERALDO, Filipino, of legal age, after having been duly


sworn to in accordance with law, hereby depose and state, that:

1. I am the complainant in the above-captioned case.

2. For and in consideration of the amount of


________________________________________________(Php_____
_________), and other material considerations, receipt of which are
acknowledged as full and final settlement, and to my complete
satisfaction, by way of compromise duly explained and understood by
me, I hereby release and forever discharge THE BILL SENDER
CORPORATION, the partners, officers, agents or representatives,
subsidiaries and all parties in interest therein or thereon, whether
named or not named, from any and all claims, demands, debts, dues,
liens, actions, or causes of action against him, including the judgment
award in the above-captioned case and the writ of execution issued.

3. Aside from the final satisfaction of the judgment award, this


instrument, likewise, serves a GENERAL RELEASE intended to release
all liabilities of any character and/or claims or damages and/or losses
and/or any other liabilities whatsoever, whether contractual or
statutory, at common law or equity, tortuous or otherwise, now or
henceforth in any way related to or occurring as a consequence of my
employment with the said company or employer.
4. I further solemnly state and affirm that this Quitclaim, Release and
Satisfaction of Judgment is not being executed by reason of any
persuasive statement or representation by anyone whomsoever and
for any reason other than the consideration stated herein.

5. Upon signing of this instrument, the


execution/attachment/garnishment/levy pursuant to the writ of
execution done or implemented prior to, during or after the execution
of this instrument, shall be considered of no force and effect, thus, I
hereby move for the lifting and/or release of any and all
execution/attachment/garnishment/levy of any money, receivables, or
any property whatsoever belonging to THE BILL SENDER
CORPORATION whether tangible or intangible, or to any of partners,
stockholders, including its directors, officers, agents or
representatives, subsidiaries and all parties in interest therein or
thereon, whether named or not named.

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


____, _______, in ___________.

REYNALDO S. GERALDO
Affiant

SUBSCRIBED AND SWORN TO before me this __ day of November 2019


at Quezon City.

HON. ERIC V. CHUANICO


Labor Arbiter

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