This PRE-NUPTIAL AGREEMENT, entered into this _______ day of ___________________ 20___ in __________, by and between JUAN DE LA CRUZ, and MARIA REYES, both of legal age, and residing at ____________________________________________________ ________________. WITNESSETH: THAT the parties hereto are about to enter into a contract of marriage, tentatively scheduled to take place sometime in _____month_______ 20___; THAT they hereby mutually agree that all the property, real and personal, now owned by the future wife, MARIA REYES, shall remain to be own exclusive and separate property, subject to her disposition, administration, and enjoyment; while those of the future husband, JUAN DE LA CRUZ shall likewise remain also to be his own exclusive and separate property, subject to his absolute disposition and administration; THAT all properties and earnings acquired after marriage by any party or jointly by both parties shall constitute conjugal properties or funds which, among other common purposes, shall defray or take care of family expenses, including the rearing and education of future children that may be begotten or that may be adopted during the marriage; THAT this agreement shall take effect upon the celebration of the marriage. IN WITNESS WHEREOF, the parties hereto have signed their names unto this document on the date and at the place first above written. JUAN DE LA CRUZ MARIA REYES Future Husband Future Wife SIGNED IN THE PRESENCE OF: _________________________ __________________________ ANKNOWLEDGMENT Republic of the Philippines) __________________________) SS. BEFORE ME, a Notary Public in and for __________________, Philippines, this ____________________ personally appeared: Name Res. Cert. No./ Date/Place Passport No. Issued JUAN DELA CRUZ ________________________ MARIA REYES ________________________ known to be the same persons who executed the foregoing instrument and they acknowledged to me that the same is their free and voluntary act and deed. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal on the date and place first above written. Doc. No. ______ Page No. ______ Book No. ______ Series of ______. A contract is a legally binding agreement reached between two parties, the terms of which the courts have the authority and obligation to enforce. An agreement is a less formal creation of an obligation between the two parties. An agreement usually lacks one or more of the essential elements that are required to be present in order to form a valid contract that will be considered legally enforceable by a court of law.