Compromise Agreement

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RELEASE, WAIVER AND QUITCLAIM

(COMPROMISE AGREEMENT)

ALDRICH ZYMONHE MAKIGAYA SESMA, herein represented by his


____________, _________________________________, and DANIEL F. ASEDILLO, JR., by
themselves and/or their representatives, most respectfully state:

1. The parties, pursuant to their intention to amicably settle their dispute


involving the car accident on 11 August 2023 hereby agree to bear their own expenses for
the medical needs of each other, and repairs of their respective vehicles.

2. The parties confirm that the above-mentioned terms are the same terms that
were agreed upon by the parties and acceptable to them as full settlement of the case.

3. The parties hereby state that:

a. The parties have no more claims against each other;

b. Both parties hereby undertake to absolutely, unconditionally and


forever release, discharge and quitclaim the other party from any and
all claims arising from and in connection with the incident and the
any other case, if any, involving the same parties and monetary or
otherwise;

c. Both parties have no claims, causes of action, complaint, case or


grievance whatsoever relating to the abovementioned incident
against each other and, therefore, they hereby warrant that they will
not file any and all cases, complaints, causes of action or commence
proceedings, be it civil, criminal, administrative or otherwise in any
court, tribunal, or agency;

d. Both parties expressly agree that this Agreement may be pleaded as a


bar to any suit or proceeding which they, their heirs, assigns or
successors-in-interest, may take in connection with the foregoing;

e. The parties undertake that this Compromise Agreement is not


contrary to law and public policy; and

f. The parties undertake to keep confidential all matters in this


Agreement and shall not disclose to third parties such information.

IN WITNESS WHEREOF, we hereby sign this document this __________________ in


________________________.

______________________________________
Aldrich Zymonhe Makigaya Sesma
First Party

______________________________________
Representative of the First Party

______________________________________
Daniel F. Asedillo, Jr.
Second Party

1
Signed in our presence:

_________________________ _________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )


______________________________ ) S.S.

BEFORE ME, a Notary Public for and in the place above-mentioned the above-named
persons personally appeared and presented to me their respective valid government-
issued IDs as sufficient proofs of their identities who are known to me and to me known
to be the same persons who have executed the foregoing instrument and acknowledged
to me that the same is their free act and deed and the free act and deed of the person
therein being represented.

This Agreement consisting of two (2) pages duly signed by the parties and their
instrumental witnesses in all pages including the page whereon this acknowledgement
is written, refers to a Release, Waiver & Quitclaim (Compromise Agreement).

WITNESS MY HAND AND SEAL this ____________________ at


_____________________.

Doc. No. ________;


Page No. ________;
Book No. ________;
Series of 2023.

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