Compromise Agreement Support
Short Description
Compromise...
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COMPROMISE AGREEMENT KNOW ALL MEN BY THESE PRESENTS:
This Agreement entered this __________________ by and between: A,
of legal age, single and residing at Brgy. Carlosa, Calatagan, Batangas, hereinafter referred to as the FATHER -and-
B,
of lega legall age, age, sing single le and a reside resident nt of Pila Pilarvi rvill lle e Subd. Subd.,, Ban Bano o !ast !ast,, Tanauan City, Batangas, hereinafter referred to as the MOTHER. WITNESSETH:
"#!$ "#!$!A !AS, S, the the %arti %arties es are are the the biolo biologi gi&a &all %arent %arents s of mino minorr 'the 'the C#()*+ born on Se%tember /01 "#!$!AS, the %arties desire to %rovide for a &om%lete settlement of the the issu issues es %ert %ertai aini ning ng to the &ust &ustod ody y, visi visito tori rial al righ rights ts,, su%% su%%or ortt and and maintenan&e of the &hild1 "#!$!AS, ea&h %arty a&2nowledges his or her %ersonal obligations as %arent of the &hild and, by these %resents, ea&h hereby underta2es to render the %erforman&e of these obligations to the &hild and &om%ly with his or her duties as a %arent1 34", T#!$!54$!, for and in &onsideration of the %romises and dis%ositions made in this agreement, the %arties hereto have agreed as follows: I.
CUSTODY OF THE CHILD
The mother mother shall shall &ontinue &ontinue to have have &ustod &ustody y over over shall e6er&ise visitorial rights as hereunder stated.
K
while the father
Both %arties, by these %resents, underta2e to ta2e every measure ne&essary, desirable and %ro%er, to &onsider the best interest of the &hild at all all time times s, wheth hether er with ith them hem or away away from rom them. hem. Any Any a&t, a&t, word ord or mani%ulative s&heme that may &ause the alienation of feelings or loss of res%e&t or that either one or both of them, from either one of the %arties, shall never be tolerated.
II.
CHILD SUPPORT AND MAINTENANCE
a.
(mmediately effe&tive u%on the signing of this agreement, the father, without need of demand, shall %ay to the mother the sum of Ph% 7,8. %er month for the su%%ort and maintenan&e of the &hild during the %eriod of his minority, or until further ordered by any Court of &om%etent urisdi&tion in the Phili%%ines.
b.
(n %arti&ular, the father shall %ay to the mother, by de%osit into a ban2 a&&ount designated by her, the above-mentioned amount on the following basis: /. Ph% 9,8. on or before the /th day of ea&h month1 and . Ph% 9,8. on or before 8th day of ea&h month.
&.
Above-mentioned amount may be in&reased de%ending u%on the needs of the &hild and finan&ial &a%a&ity the %arents. As mu&h as %ossible, the shares of both %arents should remain e;ual1
III.
CHILD’S EDUCATION and HEALTH CARE
a. Both %arents shall e;ually share in the %ayment of the regular edu&ation and medi&al &are of the &hild that is not &overed< nonreimbursable by the health insuran&e
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