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ARTICLES OF PARTNERSHIP
of
PIMANCA CREATIVE MINDS LTD.
ARTICLE II. That the principal office of the Partnership shall be located at ()* &cions, "anitoan,
"aga+an de ro "it+, Philippines.
ARTICLE III. That the names, citi-enship, residence and designation of the partners of said
partnership are as follows:
Name Citizensi! Resi"en#e Desi$nati%n
Pia Mariel . $illaflores ilipino "aga+an de ro /eneral Partner
ARTICLE IV. That the term for which said partnership is to exist is 12 +ears from the original recording of
said partnership b+ the &ecurities and #xchange "ommission.
ARTICLE V. That the purpose for which said partnership is formed are as follows: ). Toconduct
business related to graphics design and la+ outing including business promotion and advertising3 4. To
conduct photograph+ and videograph+ services for all occasions3 and 1. Toengage in business related to
computer bu+ing and selling as well as computer repair services.
ARTICLE VI. That the capital of the partnership shall be six hundred thousand, Philippine "urrenc+
contributed in cash b+ the partners as follows:
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That no transfer will reduce the ownership of ilipinos citi-ens to less than the re7uired percentage of
capital shall be recorded in the paper boo8s of the partnership.
ARTICLE VII. That the profits and losses shall be divided pro9rata among the partners.
ARTICLE VIII. That should there be an+ additional contribution made b+ a limited partner, such must be
agreed upon b+ all the partners in writing and dul+ recorded at least two 4; da+s after signing of same
agreement. &uch contribution shall amend rticle $I of the rticles of Partnership and in no case shall such
amendment be done less than one ); +ear after the original recording of said partnership b+ the &ecurities and
#xchange "ommission.
ARTICLE I). That the contribution of each limited partner ma+ be returned to him< her three 1; +ears
after the original recording of said partnership b+ the &ecurities and #xchange "ommission.
ARTICLE ). That the limited partner ma+ be given the right to substitute an assignee as contributor in
his place, provided that he has dul+ notified his partners in writing, stating the reasons therefor, five 5; da+s before
effectivit+ of said substitution, provided further that such limited partner has alread+ settled his obligations to the
partnership prior to the notification of substitution.
ARTICLE )I. That a partner ma+ admit an additional limited partner, provided that the other partners
have been dul+ notified in writing five 5; da+s before effectivit+ of admission and dul+ concurred b+ all the
partners in writing.
ARTICLE )II. That the remaining general partner or partners shall have the right to continue the
business in cases of death, retirement, civil interdiction, insanit+ or insolvenc+ of a general partner.
ARTICLE )III. That the firm shall be under the management of 0imberl+ T.Mendo-a, as /eneral
Manager and as such she shall be in charge of the management of the affairs of the partnership.
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ARTICLE )IV. That the partners willingl+ underta8e to change the name of the partnership immediatel+
upon receipt of notice< directive from the &ecurities and #xchange "ommission that another partnership,
corporation, or person has been declare misleading, deceptive, confusingl+ similar to a registered name or
contrar+ to public morals, good customs or public polic+.
IN WITNESS WHEREOF, we have hereunto set our hands this =th da+ of &eptember 42)> at
"aga+an de ro "it+, Philippines.
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ACKNOWLED+EMENT
BEFORE ME, a !otar+ Public, for and in "aga+an de ro "it+, Philippines, this = th da+ of &eptember,
42)), personall+ came and personall+ appeared the following persons with their "ommunit+ Tax "ertificates as
follows:
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