Compromise Agreement
Compromise Agreement
Compromise Agreement
2. That upon signing this compromise agreement, JESS DE GUZMAN will pay
SPOUSES MERLIN the sum of P500,000.00;
3. The balance of defendant JESS DE GUZMANs obligation shall be payable in 10
equal monthly installments beginning on the month immediately following the
signing of the Compromise Agreement;
4. The initial payment by defendant JESS DE GUZMAN shall be made in cash. The
monthly installments shall be covered by post-dated checks drawn by
defendant JESS DE GUZMAN as payable to petitioner SPOUSES MERLIN;
5. Upon delivery of the initial payment and the post-dated checks drawn by
defendant JESS DE GUZMAN, the parties shall seek Court approval of this
Compromise Agreement and the dismissal of the complaint filed by petitioner
SPOUSES MERLIN against respondent JESS DE GUZMAN;
6. Upon signing of the Compromise Agreement, the parties shall jointly move for
the dismissal of all pending cases;
7. Upon full, prompt, and faithful performance by Jess and Harvey of their
obligations under the Compromise Agreement, Mr. and Mrs. Merlin shall release
them from any and all obligations in relation to or arising out of the accident
resulting in Angelicas death;
9. The foregoing covenants are not contrary to law, morals, or public policy and
the parties bind themselves to comply strictly with their undertakings.
IN WITNESS WHEREOF, parties herein affixed their signatures this 20th day of
March, 2018 at Quezon City, Metro Manila.
_________________________
_________________________
ALEX MERLIN
JANNELLE MERLIN
Plaintiff
Plaintiff
_____________________
JESS DE GUZMAN
Defendant
Signed in the presence of:
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Annie Del Rosario
______________________________
Procorpio Almario