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COMPROMISE AGREEMENT
This Compromise Agreement entered into this ______________________ in Que-
zon City, Philippines by and between:
-and-
MARY JOY V. DELA CRUZ, of legal age, single/married Filipino and with postal ad-
dress at ____________________________________________ hereinafter referred to as
complainant DELA CRUZ;
-and-
Witnesseth that:
WHEREAS, Complainants MARAMARA and DELA CRUZ and Respondents
WAYPOINT SHIPPING & MARITIME SERVICES CORP. are the Parties in the
above entitled case pending before this Honorable Office;
WHEREAS, the Parties desire to settle the payment of the monetary award in
the above captioned case between themselves and to that end are willing to enter into
this compromise agreement;
3. For this purpose, complainants MARAMARA and DELA CRUZ and re-
spondent WAYPOINT SHIPPING shall jointly execute a Motion to Lift the No-
tice of Garnishment in relation to the Writ of Execution issued by Hon. LA MA.
CLARADEL C. JAVIER-ROTOR dated 24 February 2022 in order that the re-
spondent WAYPOINT SHIPPING will be able to utilize the funds in their bank
accounts to fund the postdated checks issued to the complainants.
7. The provisions of this agreement shall likewise bind the parties’ respec -
tive assignee, transferee and/or successor-in-interest as the case may be.
8. The parties understand that if any of the provisions contained in this
Compromise Agreement shall be declared invalid, illegal or unenforceable in
any respect, the validity, legality and enforceability of the remaining provi -
sions hereof shall not in any way be affected or impaired.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
____ day of September 2022 at Quezon City, Philippines.