Pre-nuptial Agreement Final.docx

PRE-NUPTIAL AGREEMENT

KNOW ALL MEN BY THESE PRESENTS: This PRE-NUPTIAL AGREEMENT, entered into this 4th day of March 2019 in Baguio City, by and between JUAN DE LA CRUZ, and MARIA REYES, both of legal age, and residing at Tenerace, San Vicente, Baguio City, Philippines 2600.

WITNESSETH: THAT the parties hereto are about to enter into a contract of marriage, tentatively scheduled to take place sometime in December 25, 2019; THAT the regime of “complete separation of property” shall govern the parties’ property relations during their marriage. THAT they hereby mutually agree that all the property, real and personal, now owned by the future wife, MARIA REYES, shall remain to be own exclusive and separate property, subject to her disposition, administration, and enjoyment; while those of the future husband, shall likewise remain also to be his own exclusive and separate property, subject to his absolute disposition and administration; THAT all existing and after-acquired properties of each party shall be considered as forming part of each party’s separate estate. THAT during the marriage, each party shall own, dispose of, possess, administer, and enjoy his or her own separate estate without the need of the consent of the other. THAT to each party shall belong all earnings from his or her profession, business, or industry. In the event, however, the parties choose to enter into a profession, business, or industry together, all earnings shall be jointly owned by the parties (in proportion to their contribution) and form their conjugal property. All losses incurred from the parties' joint endeavors shall likewise be borne out of their conjugal property.

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THAT to each party shall belong all fruits, natural, industrial, or civil, due or received during the marriage from his or her separate property. THAT all properties acquired jointly by both parties for valuable consideration, or given or granted to the parties by gratuitous title, shall be considered jointly owned by the parties, except when there is designation of determinate shares, in which case the determinate share shall be the exclusive property of the party concerned. THAT family expenses shall be primarily borne by the parties' conjugal property, if any. In the absence or insufficiency of such, both parties shall bear the family expenses in proportion to their income, or in case of insufficiency or default thereof, to the current market value of their respective separate properties. THAT this agreement shall take effect upon the celebration of the marriage. IN WITNESS WHEREOF, the parties hereto have signed their names unto this document on the date and at the place first above written.

JUAN DE LA CRUZ Future Husband

MARIA REYES Future Wife

SIGNED IN THE PRESENCE OF:

MARIA LORDES C. ARTHUR

LEILA K. PAMILO

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ACKNOWLEDGMENT

Republic of the Philippines) City of Baguio, Benguet) s.s.

BEFORE ME, a Notary Public in and for the City of Baguio, Philippines, this 4th day of March 2019 personally appeared:

Name

Res. Cert. No./ Passport No.

Date/Place Issued

JUAN DELA CRUZ

P533071A DFA- Baguio/ March 8, 2008

MARIA REYES

P553071F

DFA- Baguio/ July 8, 2007

known to be the same persons who executed the foregoing instrument and they acknowledged to me that the same is their free and voluntary act and deed. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal on the date and place first above written.

JET MATAAS SYA Notary Public Doc. No. 5; Page No. 89; Book No. XIX; Series of 2019. Page 3 of 3