Compromise Agreement
2
COMPROMISE AGREEMENT This Agreement executed this 16th day of April, 2014 at Del Carmen, Iligan City, by and between: MR. APOLINARIO A. AMULAR, Filipino, of legal age, Head Teacher V, with address at Barangay Pala-o, Iligan City representing ILIGAN CITY NATIONAL HIGH SCHOOL ANNEX. -and- ANTONIO E. SURVILLA, Filipino, of legal age with address at Zone 12, Barangay Bagong Silang, Iligan, representing DOT CONSTRUCTION. WITNESSETH: That – WHEREAS, the ILIGAN CITY NATIONAL HIGH SCHOOL ANNEX represented by Principal Mr. Apolinario A. Amular and DOT Construction represented by Antonio E. Survilla have entered into contract for the Construction of Water Sanitation Facilities at Iligan City NHS-Palao HS Annex Brgy, Palao, Iligan City. WHEREAS, the septic vault of one classroom cannot be constructed due to site problem. WHEREAS, the parties desire to settle and arrange internally the problem to avoid delays in the construction of the project. NOW THEREFORE, in consideration of the foregoing and the further covenants hereinafter set forth, the parties agree as follows: 1. That the Principal have proposed to the contractor to convert/ changed the septic vault of one classroom into water system and the contractor have assented the same. 2. That the water system shall be in the same amount as reflected in the contract. 3. The signatories to this Agreement hereby represent and warrant that they are duly authorized to execute this Agreement. 4. The parties or their assigns hereby waive, renounce and forever quitclaim all their respective claims and counterclaims subject of the instant action as well as those that may arise therefrom, in connection therewith or in relation thereto.
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Compromise Agreement Sample
Transcript of Compromise Agreement
COMPROMISE AGREEMENT This Agreement executed this 16th day of April, 2014 at Del Carmen, Iligan City, by and between:
MR. APOLINARIO A. AMULAR, Filipino, of legal age, Head Teacher V, with address at Barangay Pala-o, Iligan City representing ILIGAN CITY NATIONAL HIGH SCHOOL ANNEX.-and-
ANTONIO E. SURVILLA, Filipino, of legal age withaddressat Zone 12, Barangay Bagong Silang, Iligan, representing DOT CONSTRUCTION.WITNESSETH: That
WHEREAS, theILIGAN CITY NATIONAL HIGH SCHOOL ANNEX represented by Principal Mr. Apolinario A. Amular and DOT Construction represented by Antonio E. Survilla have entered into contract for the Construction of Water Sanitation Facilities at Iligan City NHS-Palao HS Annex Brgy, Palao, Iligan City.WHEREAS, the septic vault of one classroom cannot be constructed due to site problem.
WHEREAS, the parties desire to settle and arrange internally the problem to avoid delays in the construction of the project.NOW THEREFORE, in consideration of the foregoing and the further covenants hereinafter set forth, the parties agree as follows:1. That the Principal have proposed to the contractor to convert/ changed the septic vault of one classroom into water system and the contractor have assented the same.
2. That the water system shall be in the same amount as reflected in the contract.
3. The signatories to this Agreement hereby represent and warrant that they are duly authorized to execute this Agreement.4. The parties or their assigns hereby waive, renounce and forever quitclaim all their respective claims and counterclaims subject of the instantactionas well as those that may arise therefrom, in connection therewith or in relation thereto.5. 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 on the date and place above written. MR. APOLINARIO A. AMULAR ANTONIO E. SURVILLA, JR.. Principal
Contractor Signed in the presence of: MARIA B. DAVID
JAMES R. CAPANGPANGAN N
OIC- CHIEF, CONSTRUCTION SECTION
PROJECT INSPECTOR I
![To compromise means to give up some principle/demand[s] so as to come to an agreement or to maintain peace. Merritt Malloy said, “Compromise is simply.](https://static.fdocuments.us/doc/165x107/56649d8c5503460f94a7358f/to-compromise-means-to-give-up-some-principledemands-so-as-to-come-to-an.jpg)
