AD STATIKA CORP.

COMPUTATION OF RETIREMENT PAY FOR

The minimum "retirement pay" shall be equivalent of half month salary

(1/2) for every year of service, a fraction of atleast 6 months being considered as one
whole year.

Computation as follows:

Date Hired: 1/1/2011

Retirement Date: 30-Apr-19

Half Month Salary: 6,000.00

Total Number of Month 99

TOTAL 594,000.00

Divided by 12 months 12

RETIREMENT PAY 49,500.00

AD STATIKA CORP.

COMPUTATION OF RETIREMENT PAY FOR

The minimum "retirement pay" shall be equivalent of half month salary

(1/2) for every year of service, a fraction of atleast 6 months being considered as one
whole year.

Computation as follows:

Date Hired: 2/8/2015

Retirement Date: 30-May-19

Half Month Salary: 5660

Total Number of Month 51

TOTAL 288,660.00

Divided by 12 months 12

RETIREMENT PAY 24,055.00