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5/19/2018 Ar tic le s of Pa r tne rship Exa mple - slide pdf.c om

ARTICLES OF PARTNERSHIP
of 
PIMANCA CREATIVE MINDS LTD.

KNOW ALL MEN BY THESE PRESENTS:


That we, the undersigned, all of legal age and residents of the Republic of the Philippines have agreed to
amend a limited partnership under the terms and conditions herein set forth and subject to the provisions of
existing laws of the Republic of the Philippines.
AND WE HEREBY CERTIFY:

ARTICLE I. That the name of the partnership shall be:


PIM!" "R#TI$# MI!%& 'T%.

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 Citizensi! Resi"en#e Desi$nati%n
Pia Mariel . $illaflores ilipino "aga+an de ro /eneral Partner

0imberl+ T.Mendo-a ilipino "aga+an de ro /eneral Partner 


 ndrea P. $illania ilipino "aga+an de ro 'imited Partner 
"amille nne . bellen ilipino "aga+an de ro 'imited 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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5/19/2018 Ar tic le s of Pa r tne rship Exa mple - slide pdf.c om

Name Am%&nt C%nt'i(&te"


Pia Mariel . $illaflores P 445, 222.22
0imberl+ T.Mendo-a P 445, 222.22
 ndrea P. $illania P 65, 222.22

"amille nne . bellen P 65, 222.22

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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5/19/2018 Ar tic le s of Pa r tne rship Exa mple - slide pdf.c om

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.

PIA MARIEL A. VILLAFLORES KIMBERLY T. MENDO*A


TI!: TI!:

ANDREA P. VILLANIA CAMILLE ANNE O. ABELLEN


TI!: TI!:

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5/19/2018 Ar tic le s of Pa r tne rship Exa mple - slide pdf.c om

ACKNOWLED+EMENT

Republic of the Philippines ?


"it+ of "aga+an de ro ? &. &.

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:

Name CTC - Date  P/a#e Iss&e"


Pia Mariel . $illaflores "aga+an de ro "it+

0imberl+ T.Mendo-a "aga+an de ro "it+


 ndrea P. $illania "aga+an de ro "it+
"amille nne . bellen "aga+an de ro "it+

0nown to me to be the same persons who executed the FORE+OIN+ARTICLES OF


PARTNERSHIP, and the+ ac8nowledged to me that the same is their voluntar+ act and deed.

WITNESS MY HAND AND SEAL on the date first above written.

!ame of legal "ounsel


Notary Public
Valid Until December 31, 2014
PTR. No.
IBP No.
Roll o !ttorney No.
TIN
"a#ayan de $ro "ity
%oc. !o.:
Page !o.:
@oo8 !o.:
&eries of 42)>

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