the latter and all those persons solidarily liable with it for whatever obligation that may have arisen or connected with his overseas recruitment, placement and employment.   4. The FIRST PARTY hereby forever waives all rights and choses of action against the SECOND PARTY, its directors, officers and employees, and his foreign employer, arising from or connected with his overseas employment.   5. The FIRST PARTY agrees and undertakes to desist from initiating, instituting and prosecuting any other suit, action or proceeding against the SECOND PARTY, its directors, officers and employees and his foreign employer, arising from or connected with his overseas employment.   IN WITNESS WHEREOF, the FIRST PARTY and the SECOND PARTY have by these presents signed this Compromise Agreement with Release, Quitclaim, Waiver and Desistance with full knowledge of its legal implications this 30 th day of January, at Pasay City, Philippines.   (Signed)   GERMAN MARINE MATEO ALCANTARA AGENCIES, INC. First Party Second Party By: (Signed) ATTY. FRANCISCO S. DE GUZMAN Counsel for the Second Party   With my conformity:   (Signed) ATTY. MARCEL G. SILVESTRE Counsel for the First Party