- 4 - Both Mr. Ray and Ms. Bader testified under oath that they understood and agreed to the terms recited therein. A transcript of the March 13 arbitration was prepared and was filed with the State court as “The Arbitration Agreement Statement of Facts Between Jennie Sophia Ray and John Robert Ray, IV March 13, 2002” (arbitration agreement). Under the arbitration agreement, Mr. Ray agreed to pay to Ms. Bader the sum of $20,000 in alimony, payable at the rate of $4,000 per month, beginning in April of 2002 and terminating in August of 2002. On April 22, 2002, the State court entered an Agreed Final Decree of Divorce (divorce decree), dissolving the marriage of Mr. Ray and Ms. Bader. Consistent with the arbitration agreement, section 1.2 of the divorce decree obligated Mr. Ray to pay a total of $20,000 in alimony, to commence on April 1, 2002. Section 1.2 of the divorce decree provides: 1.2 Terms, Conditions, and Contingencies Amount - JOHN ROBERT RAY, IV will pay to JENNIE SOPHIA RAY $4,000.00 per month as alimony. These payments will be payable beginning April 1, 2002, on or before the 1st day of each month, beginning on the first such day after the date of divorce in this case. Term - The payments will end after the payment of $20,000.00 total, with the last payment being due on August 1, 2002, providing all payments have been made.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011