Sample Deed of Acknowledgment & Recognition

DEED OF ACKNOWLEDGMENT & RECOGNITION

KNOW ALL MEN BY THESE PRESENTS:

       I, JUAN DELA CRUZ, of legal age, single and with residence and postal address at No. 17 Acacia Street, Pembo, Makati City, do hereby expressly acknowledge receipt from ABC Company an advance fund in the amount of P20,000.00 covered by Voucher No. 123, which fund has been entrusted to me for the sole purpose of convenience and expediency in the handling of company affairs in connection with my work as manager of the same.

      I hereby expressly declare and admit that the above fund is the exclusive and sole property of ABC Company and that I, individually, and my heirs, executors and administrators or assigns have no rights, interest or title in said fund whatsoever.

      I hereby further expressly declare, manifest and undertake that immediately upon termination of my employment or in the event of death or bankruptcy, or whenever so required by the said company, I my heirs, executors and administrators, or assigns shall return or pay to ABC Company the full amount of the advance fund. 

     IN WITNESS WHEREOF, I have hereunto set my hand this 7th day of January 2014 at Makati City.

JUAN DELA CRUZ   

                  

Signed in the presence of:

MARIA MAKILING                      JUAN TAMAD

   

ACKNOWLEDGMENT

Republic of the Philippines)
City of Makati                  ) S.S.

BEFORE ME, a Notary Public, for and in the City of Makati, this 7th day of January 2014 personally appeared:

                         Name                       Identification Card        Issued On/At

             JUAN DELA CRUZ                    SSS I.D. No. 123         1-1-11/Makati
             MARIA MAKILING                    SSS I.D. No. 444          4-1-11/Makati 
             JUAN TAMAD                           SSS I.D. No. 555          5-1-11/Makati

   all known to me to be the same persons who executed the foregoing instrument and hereby acknowledged to me that the same is their free and voluntary act and deed.
      

               WITNESS MY HAND AND NOTARIAL SEAL.

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