COMPROMISE AGREEMENT

 
KNOW ALL MEN BY THESE PRESENTS:

 
This Agreement entered this 18th of July 2020 by and between:
 

Kiko Duque, of legal age, single and residing at Brgy. Politekniko, Sta.
Mesa, Manila, hereinafter referred to as the FATHER
 
-and-
 
Tonya Leachon, of legal age, single and a resident of DOH Subd.,
Quezon City, hereinafter referred to as the MOTHER.

 
WITNESSETH:
 
WHEREAS, the parties are the biological parents of minor (Harry
Duque, herein after referred to as the CHILD) born on 15th March 2008;
 
WHEREAS, the parties desire to provide for a complete settlement
of the issues pertaining to the support and maintenance of the child;
 
WHEREAS, each party acknowledges his or her personal
obligations as parent of the child and, by these presents, each hereby
undertakes to render the performance of these obligations to the child
and comply with his or her duties as a parent;

WHEREAS, the parties acknowledge that the Father is a business

man who owns one (1) restaurant with an average net income of Php
50,000 per month and that the Mother is an office worker, with a net
income of Php 30,000 per month. 

NOW, THEREFORE, for and in consideration of the promises and

dispositions made in this agreement, the parties hereto have agreed as
follows:
 
 I. CHILD SUPPORT AND MAINTENANCE
 
a. Immediately effective upon the signing of this agreement,
the father, without need of demand, shall pay to the mother
the sum of Php 10,000 per month for the support and
maintenance of the child during the period of his minority, or
until further ordered by any Court of competent jurisdiction
in the Philippines.
b. In particular, the father shall pay to the mother, by deposit
into a bank account designated by her, the above-
mentioned amount on the following basis:
1. Php 5,000 – on or before the 10th day of each
month; and
2. Php 5,000 –on or before 25th day of each month.

c. Above-mentioned amount may be increased depending

upon the needs of the child and financial capacity the
parents. As much as possible, the shares of both parents
should remain equal;

II. CHILD’S EDUCATION and HEALTH CARE

a. Both parents shall equally share in the payment of the

regular education and medical care of the child that is not
covered/ non-reimbursable by the health insurance/health
card of each parent. In such case/s where the mother
advanced the expense/s, the father shall pay and reimburse
his share provided that such expense/s is/are supported by
documents (e.g. receipts);

III. COURT APPROVAL OF AGREEMENT

 
This agreement shall be governed by and construed in accordance
with the laws of the Republic of the Philippines. The parties hereto shall,
in good faith, strictly abide by the terms hereof.
 
The parties agree to submit this written agreement for the court’s
approval.

 
 IV. JUDICIAL RELIEF
 
Should either one of the parties fail to comply with the terms and
conditions of this Agreement, the aggrieved party may seek judicial relief
against the erring party and apply with the proper court for a writ of
execution against said erring party to enforce his or her obligations
imposed in this Agreement. The offending party shall pay for the cost of
litigation, attorney’s fees, other expenses, and interest incurred in such
application for a writ of execution.
 
IN WITNESS WHEREOF, we have hereunto affixed our respective
signatures on the date and place hereinabove mentioned.
 
 

Kiko Duque Tonya Leachon

Father  Mother

Witnesses:

Farnacio, Maria Cristina

Marasigan, Jose Francis
Rivera, Ronald Carlo
Quiñones, Cepheus
Appendix I: Itemized List of Monthly Expenses

Child: Harry Duque

Age: 12
Grade Level: 6
School Attending: Montessori School

I. Child support and Maintenance – Php 20,000 from father

remitted through bank transfer in two equal payments, to wit:

1. Php 5,000 – on or before the 10th day of each month; and

2. Php 5,000 –on or before 25th day of each month.

Php per month

food @ Php 200/day = 6,000
clothing @ 500
house owned
contingency fund = 10 percent of 10k = 1,000
transportation expenses @ 2,500
==========
10,000

II. Education and Health

A. Private education @ Php 50,000 per year Matriculation Fee

payable in 10 equal installments = Php 5,000 monthly

Kiko Duque – Php 2,500 monthly

Tonya Leachon – Php 2,500 monthly

B. Health provider – All expenses covered by the mother’s health

insurance will be to the mother’s account. Everything not covered
by the health insurance will be charge to the father’s account.

C. Creation of a sinking fund for the child

Kiko Duque – Php 1,000 monthly
Tonya Leachon – Php 1,000 monthly

All expenses will be covered by a receipt. All unused funds will be

reverted to the child’s bank account.