CONSOLIDATION AGREEMENT/

MANAGEMENT AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This MANAGEMENT AGREEMENT/CONSOLIDATION AGREEMENT is made
and entered this 27 day of March 2019 by and between in :

TIGERS TOURS AND TRANSPORT CORP. With company Reg. No.

CS201816284 , a corporation duly organized and existing under
Philippine laws, with present address at Room 2 2nd Floor Commercial
center #34 National Road Putatan Muntinlupa City , duly
represented by its President/Secretary JULIUS B. TEJADA, Patrick Neil
Jordan Clemente to be hereinafter named and called the
“CONTRACTOR”.

- and -

EDNA B. LORILLA , is a person, individual operator, , with

address at BRGY 62 PUROK 12 AGNA HOMAPA LIGASPI CITY , duly
represented by its _________, _______________________________, to be
hereinafter named and called the “OWNER/OPERATOR”

WITNESSETH: That

WHEREAS, the CONTRACTOR is a duly registered corporate entity with

capacity to undertake fleet management of vehicles under the scheme of
vehicle for hire, vehicle for tourist purposes, transport network vehicle services
(TNVS), and such other schemes for public transport as maybe authorized by law
or regulation.

WHEREAS, the OWNER/OPERATOR is the registered owner of a vehicle with

existing franchise with the route ____________________________, and which vehicle
is herein particularly described as follows:

Make Model : ISUZU

Chassis Serial No. : SPMM57742-92C
Case No. : 05-2016-0037
Plate/Conduction No. : EVD408

WHEREAS, the OWNER/OPERATOR intends to enroll his/her/its vehicle as above-

described under the fleet management program of the CONTRACTOR, which the
latter accepts, subject however, to the following terms and conditions herein set-
forth below.
 NOW THEREFORE, for and in consideration of the foregoing premises, the
PARTIES have agreed, covenanted, and bound themselves as follows:

1. The Owner/Operator shall cause the registration of this

memorandum/management agreement before the appropriate government
body/offices, particularly its registration documents before the vehicle-south to
be enlisted under the management program.

2. The Contractor shall cause the issuance of the franchise over the
above-described vehicle in its name, and the franchise to be secured from the
LTFRB shall not exceed one year.

3. The duration of this management contract shall be for one (1) year,
and shall commence upon signing and payment of the management fee by the
Owner/Operator to the Contractor. In the event, however, that the
management period of one (1) year has expired but franchise issued under the
contract has not yet expired, this management contract shall be renewed or
continued, and the Owner/Operator shall pay to the Contractor the
management fee for the year next following under the same terms and condition
as originally agreed, provided however, that should the Owner/Operator no
longer desires to pursue the contract for the succeeding year, or the vehicle
enrolled is taken, or shall be taken out for any reason for the service of the
franchise, or has been taken out by the owner or by any rightful party, then the
Owner/Operator shall pay the Contractor the management fee pro-rated from
the time that the franchise was caused to be issued until the same is lapsed.

4. The Contractor shall exclusively provide the technical support and

the preventive maintenance as may be required by the proper government
body/agency for the continued operation of the vehicle as a franchised unit. The
costs thereof shall shouldered by the Owner/Operator from his monthly
maintenance fee which shall be Five Hundred Peso (P500.00). The maintenance
facility shall be provided by the Contractor while the Owner/Operator shall
provide the spare parts, replacement, and other consumables as maybe needed
for the maintenance of the said franchised vehicle unit.

5. The Owner/Operator shall be liable for the registration fee of the

vehicle, its operation, and its employees with the Bureau of Internal Revenue, SSS,
Pag-ibig, HDMF, and other government bodies/agencies.
 6. The Owner/Operator guarantees that its drivers and employees meet
the minimum qualifications as required by the LTO, LTFRB, and such other
regulatory government bodies/agencies. The Owner/Operator shall be
responsible for its drivers and employees, particularly the payment of proper
wages, salaries, overtime pay, holiday pay, and such other benefits as mandated
by law where there exists as between an employer-employee relationship.

7. The Owner/Operator shall provide or secure an insurance for the its

enrolled vehicle, and any liability arising from any act causing damage to goods,
property, and/or injury or death to any third party or person shall be for sole and
exclusive account of the Owner/Operator.

8. The Owner/Operator shall faithfully comply with the established and

well-defined service quality performance measures as required by the contractor,
such as but not limited to: on time performance; safety performance;
maintenance reliability; costumer/passenger satisfaction; and others.

9. The Owner/Contractor shall faithfully comply with the methods and

frequency of performance measurements that will be implemented by the
Contractor.

10. The Owner/Contractor shall faithfully comply with the

communication system to be established by the Contractor for its fleet
management program or operation.

11. The Contractor shall provide the Owner/Operator with bookings and
which shall be given priority by the Owner/Operator. For the said bookings by the
Contractor for the Owner/Operator, the Contractor shall be entitled to fifteen
(15%) percent of the booking price. For Tourist Transport booking, the premium
for the booking shall be deducted in advance from the booking price.

12. This agreement shall inure to the benefit of both parties, and is not
contrary to laws, good morals, customs and traditions, and shall be binding and
effective upon all the heirs, successors, assigns, executors, and administration of
both parties.

13. The obligations, rights and privileges of both parties under this
agreement are personal to them, and may not be assigned or transferred to any
other person, firm, corporation, or other entity without the prior express and written
consent of the parties.
 14. The individuality of any portion of this agreement will not and shall not
be deemed to affect the validity of any other provision. In the event that any
provision of this agreement is held to be invalid, the parties agree that the
remaining provisions shall be deemed to be in full force and effect as it they had
been executed by both parties.

15. Any disputes, issues, and/or controversies that may arise out of this
agreement and/or for the enforcement of this agreement shall be instituted
exclusively within the Province of _________________l.

IN WITNESS WHEREOF, we have hereunto affixed our signatures on the date

and place above-written.

________________________ __________________________
CONTRACTOR OWNER/OPERATOR

SIGNED IN THE PRESENCE OF:

______________________ _______________________

ACKNOWLEDGEMENT
Republic of the Philippines)
__________________________) S.S.

BEFORE ME, a Notary Public for and in ______________, this ____ day of
_______________, personally appeared the above-named parties, with their
respective competent proof of identities as above-indicated and known to me
and to me known to be the same persons who executed the foregoing instrument
consisting of two (2) pages including the page on which this acknowledgement
is written, and they have freely and voluntarily executed this instrument through
their act and deed.

Doc. No. _____;

Page No. _____;
Book No. _____;
Series of 20___.