The parties were divorced on March 14, 1974. The judgment incorporated a separation agreement which provided for alimony and child support payments. The separation agreement further provided that if the husband's annual income should fall below $15,000, or if it should exceed $35,000, the payments were to be renegotiated through the process of arbitration. Payments were duly made through December, 1974. It is not disputed that on December 9, 1974 appellant-husband, at age...
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