1

Republic of the Philippines)

City of Talisay, Cebu . . . . . ) S.S.

COMPROMISE AGREEMENT
We, ________________________, of legal age, Filipino, married and a
resident of ______________________, Philippines, herein called as FIRST
PARTY and HONEYLYN NACORDA, of legal age, Filipino, married and a
resident of ______________________________, Philippines herein called as
SECOND PARTY, after having been duly sworn to in accordance with
law, do hereby depose and say:

1. That the FIRST PARTY and SECOND PARTY are married to

each other and have two minor children named:
________________– __ years old and ______________________ – __ years
old, who are all under the care and custody of the SECOND
PARTY;

2. That the FIRST PARTY is an employee of

____________________________-, with a daily wage of _______________,
Philippine Currency;

3. That due to present controversy as to the support of the

FIRST PARTY to the SECOND PARTY and their minor children
who is considered to be in need of care and attention, the
FIRST PARTY and SECOND PARTY came to an agreement that
the FIRST PARTY shall give the SECOND PARTY a monthly
support of one half of his net earnings, and the same shall be
given into two (2) equal parts or every 15th and 30th day of the
month and every month thereafter as monthly support to their
child and the same shall begin on _____________________17;

4. The said support shall not include medical and school

expenses of their children;

5. That the FIRST PARTY agrees that starting ______________________,

the monthly support for the children will be increased to
___________________________, Philippine Currency, and the same
shall be given into two (2) equal parts or every 15 th and 30th
day of the month and every month thereafter;

6. That both FIRST PARTY and SECOND PARTY agree that the
FIRST PARTY shall not enter into any loan that would diminish
the net pay into an amount less than the promised support for
the children, and whenever the same is inevitable, the
knowledge and consent of the SECOND PARTY is absolutely
needed;
Page 1 of 2
 2

7. That the FIRST PARTY is in conformity that the SECOND

PARTY shall be the custodian of their children but FIRST
PARTY have visitation rights over the children;

8. That the FIRST PARTY and SECOND PARTY are fully aware
that the agreement for support is subject to changes depending
upon the needs of the child as well as the FIRST PARTY’S
financial ability bearing in mind the best interest of their child
who is most given the outmost consideration in this amicable
settlement;

9. That the FIRST PARTY and SECOND PARTY have entered

into this Amicable Settlement for the best interest of their
children and the same was made freely and voluntary and in
good faith and free from force of whatever kind, coercion or
intimidated from any person who, whether or not, has an
interest with the execution of this Amicable Settlement.

IN WITNESS WHEREOF, we have hereunto affixed our signatures

this _______________________, 20 __ at ________________, Philippines.

_________________________ ____________
(Affiant) (Affiant)

SUBSCRIBED AND SWORN to before me this ___________ 20__ at

________________, Philippines. The undersigned has explained to the
affiants the contents of this agreement in a dialect known to them.

ATTY. ____________________________

Page 2 of 2