HOME DEVELOPMENT MUTUAL FUND. = Ortigas Branch Westar Bids 81° ° HOME ne pe x January 25, 2012 THE MANAGER LOOKGOOD INDS INC UNIT 2010 PRESTIGE TOWER F ORTIGAS JR RD ORTIGAS CTR PASIG CITY Dear Sir/Madam: We are furnishing you with » Ss: si your employees who have incurred arrearages in the payment of their monthly Multi-Purpose Loan (MPL) amortizations. Section 2, Rule VII of Republic Act 9679 states that “ If a member avails of any loan from the Fund and the member consents in writing to amortize or pay the same through salary deductions, the employer shall be duty-bound to faithfully implement the same and shall continue to do so until the loan is fully paid. Until the loan is fully paid, the employer shall not discontinue the salary deduction without the prior written consent of the Fund. For this purpose, the employer shail likewise act as agent both of the Fund and the employee.” in as much as said employees/borrowers signified their consent to the deduction by affixing their signatures on the MPL application form, kindly deduct and remit /update their payment directly to Pag-4BIG Fund Ortigas Branch the soonest possible time to prevent the accumulation of interest. Likewise the delay will subject the employer to a penalty of three percent (3) per month of the amount payable from the date the loan amortizations or payments fall due until paid. Should you have further queries, please feel free to call MR JOMAR SJ.CATBAGAN/ MR. MAURO S. BUNGAY/ MR. GENER PAUL D. CASTILLO at telephone numbers 747-53-87/ 636-48-15. ‘Thank you. Very truly yours, SYLVIA A. VISTA Branch Manager ‘THiS IS & SYSTEM-GENERATED LETTER IF ISSUED WITHOUT ALTERATION, THIS DOES NOT REQUIRE A SIGNATURE «Ortigas Branch Westar Buikling, 611 Shaw Boulevard, Pasig City 633-4568; 633-9514; 746-8784; 747-3129 LOPMENT MUTUAL FUND _ IPN,MOSOF TOTALARREARS EMPLOYER LNAME FNAME AMORT DELAY ASOF DEC. 2011 STARTTERM — ENDTERM LOOKGOOD INDS INC Total 5,190.50 JAMON LMA 519.05 10 5,190.50, wispou. = 12/15/2012 .