REPUBLIC OF THE PHILIPPINES

NATIONAL CAPITAL REGION

METROPOLITAN TRIAL COURT
BRANCH 27
MANILA

For
Branch 61
City of Makati

Xxxx
Plaintiff,

-versus- CIVIL CASE No. xxxxxxxxxxxx

For: COLLECTION OF SUM OF MONEY

xxxxxx,
Defendant.
x----------------------------------------------x

COMPROMISE AGREEMENT
COME NOW, Plaintiff a corporation, organized and existing under and by virtue of
the laws of the Philippines, represented by ___________, with principal office at
Metro Manila, hereinafter referred to as the FIRST PARTY represented by his
Attorney-in-Fact, _______________, of legal age, married, Filipino and with
residence and postal address at __________________________, Philippines,
pursuant to a Special Power of Attorney dated ________, notarized by Notary
Public _________, and registered in his Notarial Register as ___; Page __; Book
___; Series of ____ and Defendant _________________ of legal age, Filipino,
and a resident of ________________, hereinafter referred to as the SECOND
PARTY, represented by her Attorney-in-Fact, _____________, of legal age,
single, Filipino and with residence and postal address at
_______________________Philippines, pursuant to a Special Power of Attorney
dated July 11, 2018, notarized by Notary Public ________, and registered in his
Notarial Register as Doc No. 211; Page 44; Book XII; Series of 2018, unto this
Honorable Court most respectfully state:

1. That the FIRST PARTY is the plaintiff while the SECOND PARTY is the
Defendant in a Civil Case for Collection of Sum of Money and Damages filed
with Branch 61 of METROPOLITAN TRIAL COURT of City of Makati docketed
as CIVIL CASE No._____________, entitled "xxxxxxxxxxx”

2. That the parties have hereunto agreed to "buy peace", and avoid the time,
expenses and inconvenience of continued litigation and ultimately put to an
end the controversy between the parties hereto without further delay; and

1
 3. That the parties have agreed to settle the cases above described amicably
under the following terms and conditions:

3.1 That the SECOND PARTY agreed to pay the amount of Four Hundred
Fifty Thousand Pesos (Php450,000.00) inclusive of principal, interest
and filing/docket fees to the plaintiff;

3.2 That the SECOND PARTY shall make payments in 11 equal monthly
installments or FORTY THOUSAND NINE HUNDRED NINE PESOS
(Php40,909.00) every 15th day of the month, starting on October 15,
2018 up to August 15, 2019.

3.3 That said payments shall be made to the FIRST PARTY from the Asia
United Bank account number XXXXXXXXXXXX under the name of the
SECOND PARTY, through the following checks all made payable to
CASH, to wit:

3.4 Upon receipt of full payment of the aforesaid total amount, the FIRST
PARTY shall file MOTION TO DISMISS THE CASE with Branch 61 of
METROPOLITAN TRIAL COURT of City of Makati terminating the pending
action for Sum of Money and Damages against SECOND PARTY,
docketed as CIVIL CASE No. ______________, and the parties shall
thereafter waive whatever actions they may have against each other
arising from or related to the subject matter of the said cases;

3.5 Should the SECOND PARTY fail to pay any of the minimum and/or
monthly installments above-described in Number 3, the whole amount
of the obligation afore-stated in the same item shall be due and
demandable. Further, the FIRST PARTY can secure a Writ of Execution
from the Honorable Court to cause the enforcement of this Agreement
between the parties.

Compliance with this compromise agreement shall constitute full settlement

of the obligation in the instant case.

WHEREFORE, premises considered, it is most respectfully prayed of this

Honorable Court that this case be ARCHIVED based on this Compromise
Agreement.

Metro Manila for Makati City, Philippines.

____________________