APPENDICES

Appendix A: Demand Questionnaire

Appendix E:
Permits and
Licenses
SANITARY PERMIT
FIRE SAFETY INSPECTION CERTIFICATE
APPLICATION FOR PERMIT TO ENGAGE IN BUSINESS
CERTIFICATE OF CLEARANCE
PERMIT TO ENGAGE IN BUSINESS
 ARTICLES OF PARTNERSHIP

KNOW ALL MEN BY THESE PRESENTS:

That we, the undersigned partners, all of legal age, residents and citizens of the Philippines, have on this

day voluntarily associated ourselves together for the purpose of forming a general partnership under the

following terms and conditions and subject to existing and applicable laws of the Republic of the

Philippines.

AND WE HEREBY CERTIFY:

ARTICLE I. That the name of this partnership shall be Karrotte Enterprise and shall transact

business under the said company name.

ARTICLE II. That the purpose for which this partnership is formed is to produce Crepe flavored

in carrot which is to be sold to consumers.

ARTCILE III. That the principal place of business of this partnership shall be located at 1st floor

Baguio Centermall, Magsaysay Road, Baguio City.

ARTICLE IV. That this partnership shall have a term of five (5) years from and after the original

recording of its Articles of Partnership by the Secutities and Exchange Commission.

ARTCILE V. That the names, nationalities and residence addresses of the partners are as follows:

Name Nationality Residence

Ducas, Betany G. Filipino Upper Pinget, Baguio City

Hernandez, Liezl P. Filipino Bambang, Nueva Vizcaya

Orpilla Aprilene Grace L. Filipino Bauko, Mountain Province

 ARTICLE VI. Capital Contributions: That the capital of this Partnership shall be the amount of,

Philippine Currency, contributed in cash by the partners, as follows:

Name Amount Contributed

Ducas, Betany G. 116,000.667

Hernandez, Liezl P. 116,000.667

Orpilla, Aprilene Grace 116,000.667

That no transfer of interest which will reduce the ownership of Filipino citizens to less than the

required percentage of capital as provided by existing laws shall be allowed or permitted to be recorded in

the proper books of the partnership.

ARTICLE VII. That the profits and losses of this partnership shall be divided and distributed

proportionately on the ratio of the capital contribution of each partner.

ARTICLE IX. That this partnership shall have all the partners as General Managers, who shall be

in charge of the management of the affairs of the company. They shall have the power to use the partnership

name and in otherwise performing such acts as are necessary and expedient in the management of the firm

and to carry out its lawful purposes.

ARTICLE X. That the partners undertake to change the name of this partnership, as herein

provided or as amended thereafter, immediately upon receipt of notice or directive from the Securities and

Exchange Commission that another corporation, partnership or person has acquired a prior right to the use

of that name or that the name has been declared as misleading, deceptive, confusingly similar to a registered

name, or contrary to public morals, good customers or public policy.

ARTICLE XI. That the partnership books shall be maintained at the principal office of the

partnership, and each partner shall have access during the normal business hours. The books shall be closed

and balanced at the end of each calendar year.

 ARTICLE XII. That the partnership may be dissolved at any time by the agreement of the partners,

in which event the partners shall precede reasonable promptness to liquidate the assets of the partnership.

ARTCILE XIII. That any controversy or claim arising out of or relating to this Agreement, or

breach thereof, shall be settled by arbitration in accordance with the rules and judgment upon the award

rendered may be entered in any court having jurisdiction thereof.

ARTICLE XIV. That upon the death of either of the partners, the surviving partners shall have the

right either to purchase the interest of the decedent in the partnership or to terminate and liquidate

partnership business. If the surviving partners elects to purchase the decedent’s interest, they shall serve

notice in writing such election, within three months after the death of the decedent, upon the executor of

administrator of the decedent, or, if at the time of such election no legal representative has been appointed,

upon anyone of the known legal heirs of the decedent at the last known address of such heir.

a.) If the surviving partners elect to purchase the interest of the decedent in the partnership, the

purchase price shall be equal to the decedent’s capital account as at the end of the prior fiscal year, increased

by their share of partnership profits or decreased by their share of partnership losses for the period from the

beginning of the fiscal year in which their death occurred until the end of the calendar month, and decreased

by withdrawals charged to their income account during such period. No allowance shall be made for

goodwill, trade name, patents or other intangible assets, except as those assets that have been reflected on

the partnership books immediately prior to the decedent’s death; but the survivor shall nevertheless be

entitles to use the trade name of the partnership.

b.) Except as herein stated, the procedure as to liquidation and distribution of the assets of the

partnership business shall be the same as stated in the Voluntary Termination Clause.

ARTICLE XV. That the partners undertake to change the name if the partnership immediately

upon receipt of notice or directive from the Securities of Exchange and Commission that another
partnership, corporation or person has acquired prior to the use of that name or that name of the partnership

has been misleading, deceptive, or confusingly similar to a registered name.

IN WITNESS WHEREOF, we have here unto affixed our signatures this 1st day of June, 2019 in Baguio

City, Philippines.

Ducas, Betany G. Hernandez, Liezl P.

Orpilla, Aprilene Grace L.

 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES ( _____________________________) S.S.

BEFORE ME, a Notary Public, for and in__________________, this____ day of _______, 20__,

personally appeared the following persons:

Name TIN/ID/Passport No. Date and Placed Issued

__________________ _________________ __________________

__________________ _________________ __________________

__________________ _________________ __________________

__________________ _________________ __________________

__________________ _________________ __________________

Known to me and to me known to be the same persons who executed the foregoing Articles of Partnership

constituting of ___ pages, including this page where the acknowledgement is written, and they

acknowledged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND SEAL ON date and place above written.

NOTARY PUBLIC
Doc. No. ____________
Page. No. ____________
Book No. ____________
Series of 20_____
Appendix F: References
Appendix G:
Curriculum
Vitae