Child Maintenance Agreement
Child Maintenance Agreement
1. Introduction
This Child Maintenance Agreement ("Agreement") is entered into on [Date], between [Your Name], residing at [Your Company Address], hereinafter referred to as "Primary Custodial Parent," and [Name of Non-Custodial Parent], residing at [Address of Non-Custodial Parent], hereinafter referred to as "Non-Custodial Parent."
Purpose of the agreement
The purpose of this Agreement is to establish the terms and conditions for child maintenance, including financial support, medical expenses, educational expenses, and extracurricular activities, for the benefit of the child(ren) of the parties.
2. Child Custody and Support
2.1 Designation of the primary custodial parent
The parties agree that [Your Name]shall have primary physical custody of the child(ren), and [Name of Non-Custodial Parent] shall have visitation rights as outlined below.
2.2 Visitation schedule for non-custodial parent
The non-custodial parent shall have visitation rights every alternate weekend and one evening per week, as mutually agreed upon by both parties.
2.3 Determination of child support obligations
The non-custodial parent shall provide financial support for the child(ren) of $500 per month, payable to the custodial parent.
3. Child Support Payment
3.1 Amount of child support payments
The monthly child support payment shall be $500 and shall be paid on the 1st day of each month.
3.2 Frequency of payments
Payment transactions should be conducted every month.
3.3 Method of payment
Child support payments shall be made via direct deposit into the custodial parent's bank account.
4. Medical Expenses
4.1 Allocation of responsibility for medical expenses
The responsibility for medical expenses is to be shared equally between the parties involved. This encompasses all costs associated with medical care, which notably includes insurance premiums needed for coverage, co-pays or the fixed portions of the medical expenses the insured party typically pays, and all other medical costs that are uninsured.
4.2 Procedures for reimbursement or sharing of medical expenses
Each party shall provide the other party with receipts or invoices for medical expenses incurred, and reimbursement shall be made within 30 days of submission.
5. Educational Expenses
5.1 Responsibility for educational expenses
The responsibility for the educational expenses, which encompasses fees such as tuition, provisions for school supplies, and expenditures related to extracurricular activities, shall be borne equally by the parties in question.
5.2 Procedures for reimbursement or sharing of educational expenses
Each party shall provide the other party with receipts or invoices for educational expenses incurred, and reimbursement shall be made within 30 days of submission.
6. Extracurricular Activities
6.1 Agreement on participation in extracurricular activities
Both the parties involved in this agreement have mutually agreed upon the encouragement of their child(ren) to participate actively in extracurricular activities. However, the kind and level of activities will be deemed appropriate by the parent who has the primary custody of the child(ren). The custodial parent will determine the relevance and suitability of the extracurricular activities. This mutual agreement aims to ensure the overall development and well-being of the child(ren).
6.2 Responsibility for costs associated with extracurricular activities:
The financial expenses that are associated with and incurred due to extracurricular activities shall be divided in an equal manner and shared equally by both parties involved.
7. Modification of Agreement
7.1 Procedures for modifying the agreement
This Agreement carries the possibility of being altered or modified, such agreement to take place upon the mutual agreement of both parties involved, provided that such modifications are made in written form.
7.2 Requirement of written consent for modifications
Changes, alterations, or amendments to the contents and clauses of this Agreement will only be acknowledged and considered valid if they are documented in writing and have undergone the due process of receiving the express and written consent and approval from both parties involved in the said Agreement.
8. Dispute Resolution
8.1 Procedure for resolving disputes
If any disputes or disagreements should arise under this Agreement, the parties agree to first attempt to resolve the issue through a process of mediation. This would involve both parties coming together with a neutral third party, who would guide them towards a mutually agreed upon resolution. Furthermore, it is important to note that each party would be responsible for the costs and fees associated with the mediation process. Only after this mediation has occurred, and is presumed unsuccessful, should either party consider pursuing further legal remedies or interventions.
8.2 Jurisdiction and venue for resolving disputes
Any legal action arising out of or related to this Agreement shall be brought in the appropriate court of [Jurisdiction], with the venue being proper in the county where the child(ren) primarily resides.
9. Termination of Agreement
9.1 Circumstances under which the agreement may be terminated
This Agreement may be terminated upon the emancipation of the child(ren) or by mutual agreement of the parties.
9.2 Procedure for termination of the agreement
This Agreement can be terminated by either party involved and such termination can be facilitated through the means of providing a written notice to the party on the other end.
10. Miscellaneous Provisions
10.1 Governing law
This Agreement shall be governed by and construed under the laws of the State of [State].
10.2 Severability
Suppose any clause or provision in this Agreement is deemed invalid or unenforceable by any lawful authority or court of competent jurisdiction. In that case, it should be noted that this would not diminish the validity and enforceability of any remaining provisions or clauses. These remaining provisions will continue as outlined in the agreement, in their entirety and with full force and effect.
10.3 Entire agreement
This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.
11. Signatures
IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written.
[Your Name]
[DATE SIGNED]
[Name of Non-Custodial Parent]
[DATE SIGNED]
