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ARELLANO, MARK ADRIAN P.

ASSIGNMENT 1

COMPROMISE AGREEMENT

SO THE PUBLIC MAY KNOW:

This Agreement executed between:

SALES, BERNARDO P., Filipino, of legal age, and residing at Thrush


Street, Countryside Village Phase III, Parañaque City;

- and -

SEIZE TOMORROW CORPORATION (STC) a corporation duly


organized and existing under Philippine laws with principal office located
at Atrium of Makati, G/F, Makati Ave., Makati City, represented by its
President, GREDOÑA, PAOLO B., duly authorized for this purpose, as
shown by the attached authority.

Antecedents:

Bernardo Sales filed a complaint against Seize Tomorrow


Corporation (STC) and a number of its officers before the arbitration branch
of the National Labor Relations Commission, Regional Office IV located in
Calamba City, Laguna, docketed as NLRC Case RAIV 82345-07 for a
number of issues arising from the last company action against him.

During the mandatory conference between the parties, they amicably


settled their differences.

ACCORDINGLY, for and in consideration of the foregoing premises, the


parties agree as follows:

A. SEIZE TOMORROW’S Obligation:

1. To pay Bernardo the sum of P500,000.00 cash upon execution of this


compromise agreement as a way of financial assistance.

B. BERNARDO’s Obligations:

1. To be committed not to do any acts that may prejudice the interest of


STC, its branches, or its projects arising from or with respect to his previous
employment.

2. To execute a quitclaim against the same company and its officers.

(SGD.) BERNARDO P. SALE (SGD.) PAOLO B. GREDOÑA


PRESIDENT OF SEIZE
ARELLANO, MARK ADRIAN P. ASSIGNMENT 1

TOMORROW CORPORATION (STC)

Signed in the presence of:

(SGD.) RODEL C. TAMAYO (SGD.) LARRY A. CRUZ

ACKNOWLEDGMENT

BEFORE ME, personally appeared:

Name Passport Date/ Place Issued


1. Bernardo P. CC246530 9-05-2018/ Manila
Sales

2. Pedro C. DD298945 10-17-2018/ Manila


Tabaquin,
President of Seize
Tomorrow
Corporation

They are known to me to be the same persons who presented the


foregoing contract and acknowledged to me that the signatures they affixed
in it are their voluntary acts for the purposes stated in their document.

SIGNED AND SEALED in Manila, 15 November 2018.

(SGD) Jose R. Mendoza


Notary Public for Manila
Suite 212 Burke Building, Escolta, Manila
Commission Serial 65453
Until Dec. 31, 2019
Roll of Attorney 38718
PTR 56789; 1-12-19; Manila
IBP 24680; 1-12-19; Manila

Doc. 16;
Page 3;
Book I;
Series of 2019
ARELLANO, MARK ADRIAN P. ASSIGNMENT 1

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