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Amicable Settlement Sample
Amicable Settlement Sample
AMICABLE SETTLEMENT
WHEREAS, both vehicles involved were seized and taken into legal custody
by the Philippine National Police of Dipolog City – Traffic Management in
accordance with their rules and procedures.
WHEREAS, the owner of the Passenger Motorcab offers to pay PHP 15, 000
as payment for the cost of repair of the Mitsubishi Mirage, PHP 7,000 to be
given as partial payment and remaining balance to be paid in full upon the
approval and release of the insurance;
FINALLY, the parties hereby authorize the Chief of Police of PNP Dipolog
City Station to release the Mitsubishi Mirage vehicle with plate number ADO
8869 and PASSENGER Motorcab with plate number JY 7341.
MARIBETH E. BUSICO
Affiant
REYNALDO M. SASUMAN
Affiant
Represented by:
Harvel C. Vidad
_____________________ ___________________
ACKNOWLEDGMENT
This instrument, consisting of two (2) pages, including the page, has
been signed on the left margin of each and every page thereof by the concerned
parties and their witnesses, and sealed with my notarial seal.
NOTARY PUBLIC