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Form No. 1--Compromise
Agreement Labor Case
(Compromise Agreement Labor Case)
COMPROMISE AGREEMENT
We, Complainant
_____________, 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
__________________________
(P_____________), which he
acknowledged to have received to his full and complete satisfaction
from the Respondent _____________,
hereby declares that he has 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 above-captioned case and that the payment so received
as provided herein should not in any way be construed as an
admission of liability on the part of Respondent
_____________;
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 _____________
at _____________, Philippines, after
the contents of this Compromise Agreement / Settlement of Any and
All Claims were read and understood by me after they have been
explained by the Administering Officer.
COMPLAINANT RESPONDENT
SIGNED IN THE PRESENCE OF:
__________________ __________________
(ACKNOWLEDGMENT)
Form No. 1--First
Notice
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