COMPROMISE AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Agreement is executed this ___ day of _______ in the City of

________, Philippines, by and between:

___________________________, Filipino, of legal

age, and a resident of ________________________;

- and -

___________________________, Filipino, of legal

age, and a resident of ________________________;

WITNESSETH: That -

WHEREAS, _________________ and _________________ were

married on ______________ at the ________________________.

WHEREAS, on _____________, a son was born to

_________________ and _________________ and he was baptized
“_________________” (“_________________”);

WHEREAS, _________________ and _________________ have

been living separately since February 2011;

WHEREAS, _________________ is now four (4) years old and is in

the custody of _________________ since the separation;

WHEREAS, _________________ and _________________ have

agreed upon a mutually acceptable arrangement as to the custody and visitation
of the child;

NOW, THEREFORE, for and in consideration of the foregoing premises,

the mutual covenants and agreements provided hereunder and taking into
consideration the best interest of the child, the parties hereby agree, as follows:

1. CUSTODY. The parties agree that it shall be in the best interest of

the child _________________, who is of tender age, that sole and exclusive
custody over him remain with and be vested in his mother,
_________________, consistent with Art. 213 of the Family Code of the
Philippines.

2. VISITATION RIGHTS. _________________ recognizes the

right of _________________ to visit and spend time with the child.
_________________ shall be allowed to visit _________________ 4
times a month under the following conditions:

a. _________________ shall give _________________

a notice at least three (3) days prior to any intended visit.
_________________ shall communicate her response thereto within
one (1) day from receipt of notice;
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b. Visits shall be supervised by _________________ or any

representative/s of her choosing. Her choice of representative shall be
communicated to _________________ at least one (1) day prior to the
intended visit. _________________ shall allow
_________________ or her appointed representative to accompany
_________________ during the visits and _________________
shall ensure that _________________ is within the supervisor’s view
at all times;

c. By default, visits shall take place at

_________________’s chosen residence; however,
_________________ may choose another venue for the visit, provided
that her choice of venue shall be communicated to
_________________ at least one (1) day prior to the intended visit.
Visits may take place at a venue of _________________’s choosing
provided that _________________’s approval is obtained at least one
(1) day prior to the intended visit; and

d. Should there be a need for _________________ to travel

from the residence of _________________’s parents to another place,
he shall travel using _________________’s vehicle, which shall be
driven by a driver appointed by _________________. Should there be
a need to use any other vehicle or to replace the driver appointed by
_________________, such changes shall be communicated to
_________________ and her prior approval shall be obtained.

In addition to the monthly visit, _________________ may visit the

child on the following special occasions: _________________’s birthday,
_________________’s birthday, Fathers’ Day, Christmas and New Year’s
Day. These additional visits shall be subject to the same conditions as previously
enumerated.

_________________ may modify or dispense with any of the above-

enumerated conditions at any time, provided that any modification shall not in
any way diminish any of the benefits accorded to _________________ nor
shall they impose additional burden upon the latter.

The foregoing provisions shall be without prejudice to any additional

visitation benefits which _________________ may accord in favor of
_________________.

3. TRAVEL. Pursuant to her sole and exclusive right of custody over

_________________, _________________ acknowledges that
_________________ may travel with _________________ within the
Philippines or abroad without need of prior court approval or
_________________’s consent; provided that for travels abroad,
_________________ shall furnish _________________ with the
information about the travel which shall include the places to be visited, the
address of _________________ and _________________’s
accommodations abroad, the length of travel and the dates of departure and
arrival prior to the intended travel.

On the other hand, _________________ may travel with

_________________ within the Philippines or abroad as soon as
_________________ determines that _________________ is mature and
responsible enough to care for himself and only upon obtaining
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_________________’s written approval; provided, that

_________________ shall furnish _________________ with the same
information enumerated in the preceding paragraph whether the travel be local
or international; provided further, that the _________________’s travels
with _________________ shall be supervised under the same conditions
imposed for visits.

_________________ may modify or dispense with any of the above-

enumerated conditions at any time, provided that any modification shall not in
any way diminish any of the benefits accorded to _________________ nor
shall they impose additional burden upon the latter.

4. SUPPORT. Parties agree that they shall support the child together
and shall equally contribute in the maintenance and upbringing of the child. In
this regard, the parties recognize that the holistic support of
_________________ involves both financial and non-financial aspects, which
contribute to the child’s material and moral welfare and well-being.

Considering that _________________ shall keep

_________________ in her company, corollary to her full custody of the
child, the parties agree that her contribution to _________________’s
support shall pertain to the non-financial aspects. Hence,
_________________ shall have full responsibility to provide for
_________________’s moral, academic, spiritual, and social upbringing,
guidance and rearing.

On the other hand, _________________’s contribution to

_________________’s support shall pertain to the material and financial
needs of the child. For this purpose, _________________ shall pay for the
expenses for _________________’s monthly maintenance stipulated as
follows:

Monthly
Living Expenses:
Rental Expense P 75,000.00
Yaya 7,500.00
Alternate Yaya & All-
around helper 4,000.00
Driver 12,000.00
Utilities 15,000.00
Tutor & other out of
school academic & sports
activities 20,000.00
Food & Grocery 20,000.00
Gas 5,000.00
Clothing 5,000.00
Medical 5,000.00

Total P 168,500.00

The sole and exclusive custody being vested in _________________,

she shall be the custodian of the funds for _________________’s
maintenance. Thus, _________________ agrees to turn over to
_________________ the amount of P 168,500.00 per month, in cash.
However, _________________ shall have the option of directly making
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payments towards any of the items enumerated therein, in which case, he shall
provide _________________ with proof of payment. Upon presentation of
proof of payment, _________________ shall deduct the payments made from
the amount of support due from _________________.

In addition to the foregoing, _________________ agrees to shoulder

the amount needed for _________________’s tuition fees.
_________________ shall advance the funds needed for the payment of said
tuition fees, and thereafter, she shall present the receipts to
_________________ for reimbursements. Reimbursements shall likewise be
made in cash.

_________________ also agrees to provide a vehicle for the

_________________’s exclusive use. _________________ shall ensure
that the said vehicle shall be in good working condition. The vehicle provided by
_________________ shall be subject to replacement every seven (7) years, or
as necessitated by the circumstances.

Likewise, in case of _________________’s failure to timely turn-over

the amounts needed for _________________’s support,
_________________ may advance the funds therefor subject to
reimbursement from _________________. Thus, _________________
agrees to turn over to _________________ his past contributions for
_________________’s support covering the month of _________ up to the
time of payment.

Further, the parties agrees to each contribute the amount of P10,000.00

per month to be placed in an investment fund under _________________’s
name or for his benefit. The investment fund may be in the form of mutual
funds, UITF, time deposits or other investment products as the parties may agree
upon. The fund so contributed shall be for the exclusive benefit of
_________________.

The enumerated amounts may be modified, as justified by the

circumstances, upon the mutual agreement of the parties.

5. In addition to the foregoing conditions above-stipulated, the grant

of rights in favor of _________________ shall be conditioned upon the
latter’s demonstration of appropriate behavior. In this regard,
_________________ shall treat the Yaya/s, driver/s and any and all members
of _________________’s household with common courtesy and respect at all
times.

6. CONFIDENTIALITY AND NON-DISCLOSURE. The parties

mutually undertake that they will not disclose to another person or use for any
purpose the information stipulated in this Compromise Agreement. Parties shall
likewise use all reasonable efforts to prevent the publication or disclosure of this
Compromise Agreement by any of their representatives.

It is agreed that any party desiring to make any disclosure pertaining to

the instant Compromise Agreement must first inform the other party and obtain
his/her written consent thereto.

It is understood that the respective counsels of the parties shall have

access to the confidential information contained herein to the extent necessary to
enable them to perform their responsibilities in protecting their clients’ interests.
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7. Any violation of or non-compliance with any of the above-

conditions shall entitle _________________ to revoke any of the rights
accorded to _________________.

8. Any dispute or disagreement as to the implementation of this

agreement shall be settled through an appropriate court action.

9. The parties have read and understood the foregoing Agreement,

consulted their respective legal counsels and fully understood all the terms and
conditions stated herein.

IN WITNESS WHEREOF, the parties have hereunto set their hands in

___________, Philippines, this _______ day of _____________.

_________________________ _________________________

SIGNED IN THE PRESENCE OF:

________________________ _________________________

ACKNOWLEDGMENT

Republic of the Philippines )

) S.S.

BEFORE ME, a Notary Public for and in the ____________, this

_________________ personally appeared the following:

COMPETENT PROOF DATE ISSUED/

NAME
OF IDENTIFICATION VALIDITY

known to me and to me known to be the same persons who executed the

foregoing Compromise Agreement consisting of four (4) pages, including this
page, and they acknowledged to me that the same is their free and voluntary act
and deed.
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WITNESS MY HAND AND SEAL at the place and on the date first above
written.

Doc. No. ______;

Page No. ______;
Book No. ______;
Series of 2013.