YI-TONG INTERNATIONAL TRADING/GEORGE TAN/BEVERLY CONSTANTINO, PETITIONERS, VS. NATIONAL LABOR RELATIONS COMMISSION, SECOND DIVISION, GUILLERMO C. ENDRINA AND BELINDA M. MAYOR, R…
ZALAMEDA, R.V., J.:
“X x x
QUITCLAIM AND RELEASE
COME NOW, the undersigned complainants assisted by PAO counsel in the above-entitled case, respectfully manifest:
That for and in consideration of the sum of ONE HUNDRED THIRTY THOUSAND PESOS ONLY* (Php130,000.00*) paid in cash by YI-TONG INTERNATIONAL CO. SERVICES, et al., FULL SETTLEMENT OF THE JUDGMENT AWARDS, receipt of which is hereby acknowledged to our complete and full satisfaction, We hereby RELEASE and DISCHARGE the said company and its officers from any and all claims by way of unpaid wages, separation pay, overtime pay, differential pay or otherwise as may be due us in connection with our past employment with said establishment and its officers and vice-versa.
IN VIEW WHEREOF, We have hereunto set our hands this 6th day of May 2014 at Quezon City, Metro Manila.
Mr. Guillermo C. Endrina and Ms. Belinda M. Mayor received the payment of P65,00.00 each today (05-06-14).
(SGD.) GUILLERMO C. ENDRINA (SGD.) BELINDA M. MAYOR Complainant ComplainantX x x”[6]
Under Article 1306 of the Civil Code of the Philippines, contracting parties may establish such stipulations, clauses, terms and conditions, as they may deem convenient, provided that these are not contrary to law, morals, good customs, public order, or public policy.
WHEREFORE, in view of the foregoing, petitioners’ Manifestation is NOTED and the prayer for the withdrawal of the instant Petition is hereby GRANTED.
Accordingly, the case is deemed CLOSED and TERMINATED.
SO ORDERED.
Bato, Jr., (Chairperson), and Peralta, Jr.,[1] JJ., concur.
[1] Acting Junior Member, per Office Order No. 405-14-RSF dated 30 September 2014.
[2] Rollo, page 192.
[3] Id. at 207 to 208.
[4] Id. at 209.
[5] Jenneth B. Napiza.
[6] Rollo, page 211.