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Old 01-05-2014, 02:53 PM
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<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <wontGrowAutofit/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> The parties acknowledge that upon this payment, each of the parties will be financially independent and will not require financial assistance from the other.


(3) The parties realize that their respective financial circumstances may change in the future by reason of their health, the cost of living, their employment and otherwise. No change whatsoever, even if it be material, profound, catastrophic or otherwise, will give either party the right to claim or obtain interim or permanent support pursuant to the Family Law Act, the Divorce Act, or any other relevant statute or law of Ontario or any other jurisdiction, from the other.
Optional)
(4) The parties agree that the divorce judgment will be silent as to spousal support.
(Support and Maintenance‑Child)
14. CHILD SUPPORT
(1) Commencing on, and on the day of each subsequent month, the husband will pay to the wife for the support of [the/each] child the sum of $___________ (making a total of $____________ each month) until one of the following occurs:
(i) The child ceases to reside full-time with the wife, and "reside full-time" includes the child living away from home to attend an educational institution, pursue summer employment or vacation but otherwise maintaining a residence with the wife;



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(iii) The child becomes_____years of age;
(iv) The child marries;
(v) The wife dies; or
(vi) The husband dies.
15. RETROACTIVE SUPPORT PROVISION
Commencing on_______(date) , and on the day of each month thereafter, the husband will pay to the wife support for the child of the marriage in the sum of $________ per month (making a total of $________ each month). The parties acknowledge and agree that all support payments made by the husband pursuant to this agreement on or after_______(date) , will be deemed deductible by him as periodic payments and includable by the wife in the calculation of their incomes for tax purposes and considered as having been paid and received pursuant to the provisions of subsection 56.1(3) and subsection 60.1(3) of the Income Tax Act.
16. POST-DATED CHEQUES
Immediately upon the execution of this agreement, the husband will provide to the wife a series of twelve (12) post‑dated cheques, each dated for the first of the month from________(date), to________(date), inclusive, for the amounts payable to the wife pursuant to paragraph(s) 11, 12 and 14 above, and in each subsequent year, on or before the <!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" LatentStyleCount="156"> </w:LatentStyles> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} </style> <![endif]--><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" LatentStyleCount="156"> </w:LatentStyles> </xml><![endif]--><!--[if !mso]><object classid="clsid:38481807-CA0E-42D2-BF39-B33AF135CC4D" id=ieooui></object> <style> st1\:*{behavior:url(#ieooui) } </style> <![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} </style> <![endif]-->