I, Complainant Mr. Juan de la Cruz, and the Respondent ABCD, Inc.

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

That Complainant Mr. Juan de la Cruz, by these presents, and for and in consideration
of the total amount of SEVENTY-FIVE THOUSAND PESOS (P75,000.00), which he
acknowledged to have received to his full and complete satisfaction from the
Respondent ABCD, Inc., hereby declares that he has no further claims whatsoever
against the Respondent ABCD, Inc. 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 Mr. Juan de la Cruz further manifests that the aforementioned
amount that he received from Respondent ABCD, Inc. 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 ABCD, Inc.;

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 28 th day of April 2020 at
Cebu City, 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.

Mr. Juan de la Cruz ABCD, Inc.

Complainant Respondent

SIGNED IN THE PRESENCE OF:

__________________ __________________

(ACKNOWLEDGMENT)