vendocorp VENDO CORPORATION MEMORANDUM OF AGREEMENT KNOW ALL MEN BY THESE PRESENTS: “This Contract, made and entered into this 23 of MAY, by and between: TTAGUIG SCIENCE HIGH SCHOOL a corporation duly organized and existing under and by vitue ofthe laws ofthe Republic of the Philipines vith principal offce at ML. QUEZON ST.,, BRGY SAN MIGUEL, TAGUIG CITY , herein represented by NELSON S. QUINTONG,, (PRINCIPAL), and hereinafter refered to as CLIENT. AND \VENDO CORPORATION, a corporation duiy registered and existing under the laws ofthe Republic of the Philippines with pincpal office at Annex 1-D CSP Blig. Coumpound, # 173 EDSA Mandaluyong City, herein represented by James A. ‘Alba, President, nd herenater referred to a CONTRACTOR. \WITNESsETH: ‘Thal the CONTRACTOR is engaged inthe business of operating vending machines and servicing them, in particular, the operation ‘of compact coin-operated dlspensing machines that can vend various sanitary products such as but na imied to personal hygiene products ‘Thalthe CLIENT is interested inthe services of he CONTRACTOR to instal and operate compact coin-operated dispensing machines to vend the folowing tolet/ washroom produc euch as pocket esue, sanitary napkin, Iner and wipes. ‘The partios hereto, by these presents, mutually covenant ahd agree as follows: 41. Thal the CONTRACTOR shal vend personal hygiene products as specified herein as an added service tothe employees and vistors of TAGUIG SCIENCE HIGH SCHOOL 2. Thatthe CONTRACTOR shall install FOUR (4 vending machines and operate said Vending Machines in TAGUIG SCIENCE HIGH SCHOOL as agreed upon by both partes. 3. That the CONTRACTOR shal, wit ts ovm management, supervision and resources, own, instal service, repair and maintain lis machine. And according o schedule, ts personne! shall ensure vending Unis operational. otis regar, the CONTRACTOR. hereby holds the CLIENT free and harmess from all claims by rd persons arising fom a malfunction ofits machine 2s wel 26. ‘fom any wilful ator negligence ofthe CONTRACTOR, is agents and employees. 4. That there is no employer-employee relation between the CONTRACTOR'S employees and the CLIENT. The CONTRACTOR hereby holds the CLIENT free and harmless ftom any caims interposed by its employees under existing labor laws and social legislation. '5. That he CLIENT shall be responsible for providing a space forthe CONTRACTOR and the CLIENT shall not be held able for any damages, lossteft or vandalism on the machines and the vending machines shall not be pulled-out or relocated without ‘ror notice or consent of the CONTRACTOR. 6. The CONTRACTOR agrees to return and surrender the areata be occupied bythe machine atthe end ofthe service agreement Inthe same condition a8 it was found at the start ofthe agreement. The CONTRACTOR shall repair any damages caused tothe ‘areas and restore the same tote condition was found tthe start of the agreement othe satisfaction ofthe CLIENT. 7. That this service agreement shall take effect onthe date the machines are installed and shal continue for a perpetual period ‘atherwige terminated by edher party by giving the other @ 90-day prior writen notice of ts intention to terminate IN WITNESS WHEREOF, the partes have signed this Memorandum of Agreement on the dale fst above writen. iy JUINTONG INCI TANES ALBA Vike SonPoramion AGU SEIENCE HoH SCHOOL ueSoNBED AND SWORN mint eis___dyel_ 201 Mtn Cy Ppa tn eng: tee ‘Santarmaaas ay hace taal at ara Sean cant cocoa SSunassten — Seren 207