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Compromise Agreement: Agreement / Settlement of Any and All Claims, and by Virtue

This document is a compromise agreement between a complainant and respondent to settle all claims arising from the complainant's employment. It states that the complainant received a total payment from the respondent and agrees to release the respondent from any current or future claims. It further specifies that the payment settles all claims and benefits in a referenced case. Both parties request that the case now be closed and dismissed with prejudice due to the final settlement of all claims. The agreement is signed by the complainant and respondent representative and notarized.

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32 views2 pages

Compromise Agreement: Agreement / Settlement of Any and All Claims, and by Virtue

This document is a compromise agreement between a complainant and respondent to settle all claims arising from the complainant's employment. It states that the complainant received a total payment from the respondent and agrees to release the respondent from any current or future claims. It further specifies that the payment settles all claims and benefits in a referenced case. Both parties request that the case now be closed and dismissed with prejudice due to the final settlement of all claims. The agreement is signed by the complainant and respondent representative and notarized.

Uploaded by

CGROUP LEGAL DEPARTMENT
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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COMPROMISE AGREEMENT

We/I, Complainant/s and the Respondent hereby enter into


this Compromise Agreement / Settlement of Any and All Claims, and by virtue
thereof manifest as follows:

That Complainant by, these presents, and for and in consideration of the total amount of
which he acknowledged to have received to his full and complete satisfaction from the
Respondent and hereby declares that he had no further claims whatsoever against the
Respondent or any of its managers, staff, directors or officers and that he hereby
releases and forever discharges the said Respondent from any and all claims, demands,
cause of action, or liability of whatever nature arising out of his employment with the
said Respondent;

That Complainant further manifests that the aforementioned amount that he received
from Respondent shall be in full and final settlement of all his claims and benefits from
the said Respondent including those treated in the case entitled Single-
Entry Apporach (SENA) In the matter of Request for assistance of

That this Compromise Agreement / Settlement of any and All Claims constitutes a


Release, Waiver and Quitclaim and that no further claim, suit or proceeding of whatever
nature may be filed in any court or agency of the government against the herein
Respondent or any person acting in its interest, since any and all claims in connection
with the previous employment of the said Complainant have been finally settled once and
for all.

As such, the parties hereto respectfully request the National Labor Relations Commission
to treat the above-captioned case as CLOSED and/or finally DISMISSED with prejudice.

IN WITNESS WHEREOF, we have hereunto set our hands this 7th day of October 2020
at _____________, Philippines.

Complainant Representative

Acknowledgement

Republic of the Philippines)


____________________________) S.S

BEFORE ME, a Notary Public for and in the City of __________________ , personally
appeared and presented the following respective identification cards as competent proof of their
identity and are known to me to be the same person who executed the forgoing contract
consisting of ____________ pages excluding the annexes, and including this page where the
acknowledgment is written and affirmed to me that the same is of their own free will and
voluntary act and deed.

NAME I.D. Date Issued Signature


______________________________________________________________________________
______________________________________________________________________________

WITNESS MY HAND AND SEAL, this _________ day of _____________2020


NOTARY PUBLIC

Doc No. _________


Page No. ________
Book No.________
Series of ________

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