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Sample Compromise Agreement

This document is a compromise agreement between Edrianne Beth Jaso and June Erek Ylanan to settle a criminal case for estafa. The agreement states that Jaso misappropriated jewelry worth PHP 700,000 belonging to Ylanan. As part of the agreement, Jaso will pay PHP 350,000 to Ylanan upon signing, and the remaining PHP 350,000 on September 25 to settle the case and avoid further litigation. Both parties signed the agreement voluntarily with their lawyers as witnesses.

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Sam Dave Solas
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5K views4 pages

Sample Compromise Agreement

This document is a compromise agreement between Edrianne Beth Jaso and June Erek Ylanan to settle a criminal case for estafa. The agreement states that Jaso misappropriated jewelry worth PHP 700,000 belonging to Ylanan. As part of the agreement, Jaso will pay PHP 350,000 to Ylanan upon signing, and the remaining PHP 350,000 on September 25 to settle the case and avoid further litigation. Both parties signed the agreement voluntarily with their lawyers as witnesses.

Uploaded by

Sam Dave Solas
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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COMPROMISE AGREEMENT

This Agreement is entered into this 23rd of September


2016, in the City of CTagum, Philippines, by and between:
EDRIANNE BETH JASO, of legal age, Filipino,
and residing at Lot 9201-A-2, Purok Lemonsito,
Barangay Mankilam, Tagum City, Davao del Norte,
hereafter referred to as the FIRST PARTY;
AND
JUNE EREK YLANAN, of legal age, Filipino
and residing at Lot 9202-A-2, Purok Lemonsito,
Barangay Mankilam, Tagum City, Davao del Norte,
Philippines hereafter referred to as the SECOND
PARY.

WITNESSETH, THAT:
WHEREAS, FIRST PARTY and SECOND PARTY are the
accused and the private complainant in Criminal Case. No.
25 entitled People of the Philippines vs. Edrianne Beth Jaso
for Estafa (Article 315, par.1b) pending before the Municipal
Trial Court in Cities in the City of Tagum (hereafter the
Case) respectively;
WHEREAS, the Case stemmed from misappropriation
of the pieces of jewelry entrusted to the FIRST PARTY by the
SECOND PARTY on March 10, 2016;
WHEREAS, as a result of the Misappropriation and
upon the complaint of the SECOND PARTY, the Case was
instituted against the FIRST PARTY;
WHEREAS, during the pendency of the Case several
opportunities for discussions and negotiations of a possible
compromise on matters that are allowed to be compromised
by existing law were given to the parties by the court;
WHEREAS, after such negotiations and discussions the
parties mutually realized and deem it best and convenient to

resolve the case in an amicable manner in order to avoid a


protracted litigation;
WHEREAS, the SECOND PARTY had manifested its
willingness to be indemnified reasonable value of the pieces
of jewelry misappropriated by FIRST;
WHEREAS, both parties have come to a mutually
beneficial arrangement as to the method of payment and
mode of settlement for its convenient and immediate
disposition;
NOW THEREFORE, for and in consideration of the
mutual covenants and agreements herein established, the
parties hereto agree as follows:
AMOUNT OF DAMAGE
SECOND PARTY, by its own independent and voluntary
assessment categorically expresses that the price of the
jewelry amounts to SEVEN HUNDRED THOUSAND PESOS
(PhP700,000.00) which the FIRST PARTY is willing to
shoulder and pay.
INDEMNITY
FIRST PARTY, mindful of such loss and desirous to
alleviate SECOND PARTYs difficult condition as a result of the
Incident agrees to pay the abovementioned amount in a
manner and term provided hereunder:
(i)

First half of the amount or THREE HUNDRED


FIFTY
THOUSAND
PESOS
(PhP
350,000.00) shall be paid and given to the
SECOND PARTY at the execution of this
Agreement, and receipt of which is hereunder
acknowledged by the SECOND PARTY;

(ii)

The remaining balance of THREE HUNDRED


FIFTY
THOUSAND
PESOS
(PhP
350,000.00) shall be paid on September 25,
2016.

Both parties have executed this Agreement by their


own voluntary act and deed and in their mutually agreed

terms. Both parties warrant further, that they did so with the
full understanding of its nature and its consequence to the
pending Case.

EDRIANNE BETH JASO


YLANAN
FIRST PARTY

JUNE EREK

Assisted by:

Assisted by:

SECOND PARTY

ATTY. SAMUEL DAVE SOLAS


CONDOR

ATTY.

CYREL

WITNESSES:
REVELEN SOLIS

ERMALYN CANOY

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