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XXXXXXXXXXXXXXXXXXX,
Accused.
x-----------------------------------------------------------------------------------------x
COMPROMISE AGREEMENT
This compromise agreement is entered into this 23rd day of August 2019
by and between:
-and-
WITNESSETH:
WHEREAS, the Plaintiff has filed a criminal case for two (2) counts
of Violation of Pambansa Blg. 22 or Anti Bouncing Check Law against the
Accused now pending before Branch 35 of the Quezon City Metropolitan
Trial Court captioned as People of the Philippines vs. xxxxxxxxxxxxxxxxxxxx
and docketed as Crim. Case No. 123456789;
1
1. That the Accused admits and acknowledges to have issued Plaintiff
two (2) BDO checks with check nos. 0123584 dated August 1, 2016 and
0123585 dated August 15, 2016, respectively, subject of the above-captioned
case, in the amount of ONE MILLION PESOS (P1,000,000.00) per check or
in the total amount of TWO MILLION PESOS (P2,000,000.00).
2. That upon presentment for payment to the drawee bank, both checks
bounced for the reason – account closed.
3. That in order to buy peace, Plaintiff has agreed to accept from the
Accused the settlement amount of ONE MILLION SEVEN HUNDRED
FIFTY THOUSAND PESOS (P1,750,000.00) to be paid as follows:
4. That the Accused shall issue Plaintiff ten (10) post-dated checks
representing the above-enumerated schedule of monthly payments;
6. That the Accused understands and agrees that in case any of the check
payments shall bounce or otherwise denies Plaintiff encashment thereof by
the drawee bank, the subject case shall be revived without prejudice to all
other legal recourses that may be available at the time to the Plaintiff.
2
IN WITNESS WHEREOF, the parties hereto have caused this
Compromise Agreement to be executed and duly delivered and effective as of
the date of the last party to sign this Compromise Agreement below.
________________________________
Yyyyyyyyyyy
Plaintiff
________________________________
Zzzzzzzzzzzzzzzzzzzz
Accused
ACKNOWLEDGMENT
WITNESS MY HAND AND SEAL on the date and place first above
written.