MEMORANDUM-OF-AGREEEMENT-with-CONJUGAL-AND-MARITAL-SETTLEMENT ANGEL
MEMORANDUM-OF-AGREEEMENT-with-CONJUGAL-AND-MARITAL-SETTLEMENT ANGEL
RECITALS:
1. The parties to this Agreement were settled this day regarding on the
settlement of their child in relation to financial support needed by
the child named ANGEL MAE PAICA.
IT IS AGREED:
A. Personal Property
The parties have agreed between them, and to their mutual satisfaction,
the personal effects, household furniture and furnishings, and all other articles,
tangible and intangible, of personal property which hereto had been used by the
FIRST PARTY and neither will make any claim for such articles which are now in
the possession or control of the FIRST PARTY. Neither, the SECOND PARTY has
no right to claim for all properties incurred by the FIRST PARTY.
The SECOND PARTY also have no right to claim for all real properties as
well as benefits/claim that the FIRST PARTY will acquired in the future. Any
violation of this is a clear manifestation of Breach of Contract.
Except as specifically provided herein, each party releases the other from
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any and all claims or demands of whatsoever nature which either party has or
may claim to have against the other arising out of or in any way connected with
their marriage to each other and its subsequent dissolution. This Agreement is
intended to be a full, binding and complete settlement between the parties,
except as specifically set forth herein, subject only to approval of the court.
Financial Support
That the FIRST PARTY will support ANGEL MAE PAICA daughter of
SECOND PARTY AND FIRST PARTY by means to transmitting TWO THOUSAND
PESOS ONLY (Php 2,000.00) per month that will start on August 30, 2023.
Unless, the FIRST PARTY didn’t have any source of income to used with.
Increase of such support will depend on the needs of the child base on
education and other personal needs.
That BOTH PARTIES have no right to file any suit and used the social
media for any conflict of interest. Each parties have the right to file any suit if
such action will determined base on criminal and civil act.
The FIRST PARTY shall have the right for the custody of the child anytime
thereafter.
B. Successors Bound
Each and every provision herein shall inure to the benefit of, and be
binding upon, the Personal heirs, assigns, personal representatives and all other
successors in interest of each party.
C. Non-Waiver
D. Complete Agreement
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DB. Effective Date
DD. Modification
The parties have of their own volition entered into this Agreement upon
mature consideration, and it is expressly based upon the premise that both
parties have made full disclosure of their assets and debts and that neither
party has any significant asset or debt except that which is described and
distributed herein.
Each party hereby warrants to the other party that they have not incurred
any liability or obligation on which the other is or may be liable except as
expressly set forth herein.
KIMBERLY BATIQUIN
Second Party
Witnessed by:
______________________________ ____________________________
ACKNOWLEDGEMENT
BEFORE ME, a Notary Public in the City of _________________ this ____ day
of January 2021 personally appeared KIMBERLY BATIQUIN AND EDISON
REGIS PAICA known to be the same person who executed the foregoing
Memorandum of Agreement and who acknowledged to me that the same is their
free and voluntary act and deed.
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This Memorandum of Agreement consisting of Four (4) pages, has been
signed by EDISON REGIS PAICA AND KIMBERLY BATIQUIN and their
witnesses and sealed with my Notarial Seal. Affiant has exhibited to me his
Government Issued Identification Card (_________________________) No.
___________________ issued on __________________.
WITNESS MY HAND AND SEAL, on the date and at the place stated above
– written.
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