SUPPORT AGREEMENT

This Support Agreement ("Agreement") is made and entered into on [Date], by and between [Your Name], residing at [Your Company Address], hereinafter referred to as the "Custodial Parent", and [Name of Non-Custodial Parent], residing at [Non-Custodial Parent Address], hereinafter referred to as the "Non-Custodial Parent", (collectively referred to as the "Parties").

1. Purpose

This Agreement aims to establish clear and fair financial provisions for the care and upbringing of the child(ren), [Child(ren) Name(s)], born on [Date(s) of Birth], ensuring their well-being and stability.

2. Child Support Obligations

2.1 Amount and Frequency

The Non-Custodial Parent agrees to provide child support in the amount of [Amount] per [Frequency of Payment] to the Custodial Parent, commencing on [Insert Date].

2.2 Additional Expenses

In addition to the basic child support obligation, the Parties agree that the Non-Custodial Parent shall contribute to other pertinent expenses, including healthcare, education, and extracurricular activities, as outlined in Section 4.

3. Preparation of Agreement

3.1 Legal Representation

Both Parties acknowledge that this Agreement has been thoughtfully prepared with the assistance of legal professionals, allowing for transparency and fairness in its construction.

3.2 Drafting and Review

The Custodial Parent initiated the drafting process, ensuring that the terms of child support are comprehensive and equitable. The Non-Custodial Parent has thoroughly reviewed and had the opportunity to negotiate the terms before finalization, fostering mutual understanding and cooperation.

4. Other Related Expenses

4.1 Healthcare

The Non-Custodial Parent shall contribute [Percentage/Amount] of any uninsured medical, dental, and vision expenses incurred for the child(ren)'s healthcare, ensuring their physical well-being is adequately supported.

4.2 Education

The Non-Custodial Parent shall contribute [Percentage/Amount] toward educational expenses, including tuition, school supplies, and extracurricular activities, prioritizing the child(ren)'s academic development and prospects.

4.3 Extracurricular Activities

The Parties shall share the costs of extracurricular activities, such as sports, music lessons, or summer camps, in proportion to their respective incomes, encouraging a well-rounded and enriching experience for the child(ren).

5. Common use cases

5.1 Divorce or Separation

This Agreement provides essential guidelines to ensure that the child(ren) receives consistent and adequate support, irrespective of the custodial arrangements, fostering stability and security during times of familial transition.

5.2 Unmarried Parents

Even in cases where legal marital ties do not exist, this Agreement formalizes the financial responsibilities of both parents, promoting accountability and cooperation in the best interests of the child(ren).

5.3 Modification of Support

This Agreement acknowledges the potential for changing circumstances and outlines a procedure for modification to reflect evolving needs, promoting flexibility and adaptability over time.

5.4 Enforcement of Support

By establishing clear obligations and legal recourse in case of non-compliance, this Agreement provides a robust framework for enforcing child support commitments and safeguarding the child(ren)'s rights and welfare.

6. Dispute Resolution

In the event of any dispute arising under this Agreement, the Parties agree to first attempt to resolve it amicably through mediation. If mediation fails, the Parties agree to pursue arbitration by the laws of [State/Country].

7. Signatures

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.

[Your Name]

[Name of Non-Custodial Parent]

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