COMPROMISE AGREEMENT

KNOWN ALL MEN BY THESE PRESENTS:

This Compromise Agreement (Agreement) executed this ____ day of

_____________, in by and between:

________________, of legal age, married, Filipino, with residence and postal

address at ___________________________________, hereinafter referred to as “First
Party”;
And

____________________________, of legal age, single/married, Filipino, with

residence and postal address at ___________________________________,
hereinafter referred to as “Second Party”.

Each a “Party” and collectively, the “Parties”.

WHEREAS, the First Party is the registered owner of the ____ square
meters land with Katibayan ng Orihinal na Titulo Bilang ______, situated in
___________________________.

WHEREAS, the Second Party is/are non-registered occupant/s or tiller/s

of the said land.

WHEREAS both parties represent that they are lawfully authorized to

transact, having full capacity to enter into compromise agreements, and to
bind (if any) their principal to any settlement herein below mentioned.

WHEREAS, the Parties have agreed to amicably settle the dispute and all
claims over the property under the terms and conditions hereinafter set forth;

1. The First Party binds himself to pay ________________) per square

meter with regard to the specific portion (______ sqm./s) occupied by the
Second Party under the following terms:

1
 2. Upon payment, the Second Party agrees to surrender the possession of
the land with all the trees and improvements attached and built therein. The
Second Party also obligates to oust any persons or caretakers staying in the
property.

3. The First Party agrees to give the Second party until

_______________________________ to harvest any products of the trees or plants
the Second Party was able to introduce inside the property.

4. The Parties have agreed to the foregoing terms solely in the spirit of
goodwill and to avoid the costs of litigation and the execution of this Agreement
shall not in any way be construed as an admission on the part of any Party of
any fault, negligence or liability, of whatever kind and nature, in connection
with the cases.

5. This Agreement shall be binding upon the representatives, heirs,

assigns, and other successor-in-interest of herein Parties.

6. This Agreement shall in no case bar the First Party to institute/file a

case against the Second Party in case of non-compliance with this Agreement.

IN WITNESS WHEREOF, we hereunto affix our signatures on the date and

place first above written.

FIRST PARTY SECOND PARTY