G & D EQUIPTMENT GROUP

INCORPORATED
Comp. Reg # CS2017218669

MR. GARY CHRISTOPHER AGREEMENT AS CEO

On behalf of (G&D Equipment Group, Inc.) a Philippine corporation (G&D Equipment Group, Inc”), I
am pleased to offer you the position of [CEO] of the Company. Your services by the Company shall
be governed by the following terms and conditions (of this “Agreement”): is made and entered
effective as of the 5th day of July 2017 between both parties.

W I T N E S S E T H:

WHEREAS, the Board of Directors of G&D Equipment Group, Inc., has approved the entering into an
agreement with the Mr. Gary Christopher as their CEO;

WHEREAS, then Mr. Gary Christopher is now the Chief Executive Officer of the G&D Equipment
Group, Inc., and thus the key senior officer of the G&D Equipment Group, Inc., Board of Directors
with full voting rights in case of a tie the CEO can vote twice;

WHEREAS, the Mr. Gary Christopher is currently under contractual rights pursuant to a copy of the
minutes of the Board of Directors meeting dated June 29th 2017 of G&D Equipment Group Inc. and
Mr. Gary Christopher

WHEREAS, the G&D Equipment Group, Inc., would like to enter into a formal agreement with Mr.
Gary Christopher to set forth the terms of Mr. Gary Christopher’s position and to provide for certain
payments and other benefits.

WHEREAS, Mr. Gary Christopher would like to provide some assurance to the G&D Equipment
Group, Inc., that as the CEO he will not solicit any employees of G&D Equipment Group, Inc., and
will not work for any entity which has any activities which compete with the G&D Equipment Group,
Inc., as further described below;

NOW THEREFORE, in consideration of the recitals and the mutual agreements herein set forth, the
G&D Equipment Group, Inc., and the Mr. Gary Christopher agree as follows:

1. Duties and Scope of Employment.

Mailing Address: Suite no. 10, VKV Building, 233 Capitol Site, Villa Kananga Road, Butuan City, Agusan del Norte, Philippines;
Email: g_and_d.equipments@outlook.com; Cell# Gensan/ Daniel 09329593820 Cell# Davao/Gary 09062463374
Cell# Butuan-Surigao/John 09273546328 Cell# Cebu/Jason 09176296299
 G & D EQUIPTMENT GROUP
INCORPORATED
Comp. Reg # CS2017218669
Position. For the term of your employment under this Agreement the Company has agreed
for five years (5) without termination to the position of (Chief Executive Officer/CEO)
another term can be extended if both parties agree. You will report to the Company’s
( EXECUTIVE BOARD OF DIRECTORS) of which you shall be a part of. You will be
working out of the Company offices within the Philippines, You will perform the duties
and have the responsibilities and authority customarily performed and held by a CEO in
your position.

Obligations to the Company. During your Service, you shall devote your full business
efforts and time to the Company. you shall not render services in any capacity to any
other person or entity that could harm or discredit G&D Equipment Group, Inc.,

No Conflicting Obligations. You represent and warrant to the Company that you are
under no obligations or commitments, whether contractual or otherwise, that
are inconsistent with your obligations under this Agreement. In connection with your
Services, you shall not use or disclose any trade secrets or other proprietary information
or intellectual property in which you or any other person has any right, title or interest
and your Service will not infringe or violate the rights of any other person. You represent
and warrant to the Company that you have returned all property and confidential
information belonging to any prior employer.

Commencement Date. You shall commence full-time as of July 5th 2017

2. Cash and Incentive Compensation.

a. Salary. The Company shall pay you as compensation for your services a salary that all
other Board of Directors shall receive equally set forth at 50,000 peso per month as
request at the last board meeting. Salary shall be payable in accordance with the
Company’s standard payroll procedures. The annual compensation specified in this
subsection (a), together with any modifications in such compensation that the Company
may make from time to time, is referred to in this Agreement as “Base Salary.” [The
Board or any Compensation Committee of the Board shall review your Base Salary at
least annually. Effective as of the date of any change to your Base Salary, the Base
Salary as so changed shall be considered the new Base Salary for all purposes of this
Agreement.]

b. [Incentive Bonuses. You will be eligible to be considered for an annual incentive bonus
each calendar year during the term of your employment under this Agreement based
upon the achievement of certain objective or subjective criteria established by the
Mailing Address: Suite no. 10, VKV Building, 233 Capitol Site, Villa Kananga Road, Butuan City, Agusan del Norte, Philippines;
Email: g_and_d.equipments@outlook.com; Cell# Gensan/ Daniel 09329593820 Cell# Davao/Gary 09062463374
Cell# Butuan-Surigao/John 09273546328 Cell# Cebu/Jason 09176296299
 G & D EQUIPTMENT GROUP
INCORPORATED
Comp. Reg # CS2017218669
Company’s Board of Directors (the “Board”) or any Compensation Committee of the
Board. The target amount for any such annual incentive bonus will be up to
[INCENTIVE BONUS TARGET] of 10% of the companies Base net profits.

c. [Stock Options. The Company’s Board of Directors (the “Board”), has approved to
grant you stocks covering [50%] shares of the Company’s Stock. The Option shall be
granted as soon as reasonably practicable after the date of this Agreement. The
exercise price per share will be equal to the fair market value per share on the date the
Option is granted, as determined by the Company’s Board of Directors in good faith
compliance with applicable guidance in order to avoid having the Option be treated as
deferred compensation You should consult with your own tax advisor concerning the tax
risks associated with accepting an option to purchase the Company’s Common Stock.
[The term of the Option shall be a minimum of 5 years without termination and
renewable upon Both parties agreeing [The Option shall be immediately exercisable,
but the purchased shares shall be subject to repurchase by the Company at the
exercise price if requested.. The Option will be an incentive stock option to the
maximum extent allowed and shall be subject to the other terms and conditions set forth
in the Company’s standard form of Stock Option Agreement (the “Stock Agreement”).

3. Business Expenses. The Company will reimburse you for your necessary and reasonable
business expenses incurred in connection with your duties hereunder upon presentation of an
itemized account and appropriate supporting documentation, all in accordance with the
Company’s generally applicable policies.

4. Termination.

a. Employment Non- Termination. Your services shall not be “terminated for a period of
5 years from the date of this agreement and can be renewed another five years if both
parties are agreeable and the company is doing better . However you shall be entitled to
terminate your Services at any time with reason and approved by the Board unless the
Board or its members are engaged in illegal unmoral and or dis-honest business
practices then you may terminate immediately based on that. Any contrary
representations that may have been made to you shall be superseded by this
Agreement. This Agreement shall constitute the full and complete agreement between
you and the Company on the “at-will” nature of your Services, which may only be
changed in an express written agreement signed by you and a duly authorized officer of
the Company.

b. Severance Pay. If, during the term of this Agreement, the other than Cause, death or
Permanent Disability, then, in addition to the amounts payable to be discussed the
Company shall pay you severance pay at a rate equal to your Base Salary in effect at
the time of such tragedy occurs Such severance pay shall be paid in accordance with

Mailing Address: Suite no. 10, VKV Building, 233 Capitol Site, Villa Kananga Road, Butuan City, Agusan del Norte, Philippines;
Email: g_and_d.equipments@outlook.com; Cell# Gensan/ Daniel 09329593820 Cell# Davao/Gary 09062463374
Cell# Butuan-Surigao/John 09273546328 Cell# Cebu/Jason 09176296299
 G & D EQUIPTMENT GROUP
INCORPORATED
Comp. Reg # CS2017218669
the Company’s standard payroll procedures on the Company’s payroll dates and shall
be subject to all applicable withholdings.

c. Definition of “Cause.” For all purposes under this Agreement, “Cause” shall mean:

i. any [material] breach by you of this Agreement, the Confidential Information and
Invention Assignment Agreement between you and the Company[, or any
other written agreement between you and the Company, if such breach causes
material harm to the Company ;]

ii. any [material] failure by you to comply with the Company’s written policies or
rules, as they may be in effect from time to time during your Service if such
failure causes material harm to the Company ;

iii. your repeated failure to follow reasonable and lawful instructions from the
Company or the Board of Directors and your failure to cure such condition after
receiving 20 days advance written notice;

iv. commission, conviction of, or a plea of “guilty” or “no contest” to, a felony under
the laws of the Philippine or any such felony is work-related, materially impairs
your ability to perform services for the Company, or results in a material loss to
the Company or material damage to the reputation of the Company ;]

v. your misappropriation of funds or property of the Company;

vi. neglect of your duties; or

vii. any gross or willful misconduct by you [resulting in a material loss to the
Company or material damage to the reputation of the Company.]

We are all delighted to be able to extend you this offer and look forward to working with you. To
indicate your acceptance of the Company’s offer, please sign and date this letter in the space
provided below and return it to me, along with a signed and dated original copy of the Confidentiality
Agreement, on or before RETURN DATE. The Company requests that you begin work in this new
position on or before July 10th 2017.

Conforme:

Mailing Address: Suite no. 10, VKV Building, 233 Capitol Site, Villa Kananga Road, Butuan City, Agusan del Norte, Philippines;
Email: g_and_d.equipments@outlook.com; Cell# Gensan/ Daniel 09329593820 Cell# Davao/Gary 09062463374
Cell# Butuan-Surigao/John 09273546328 Cell# Cebu/Jason 09176296299
 G & D EQUIPTMENT GROUP
INCORPORATED
Comp. Reg # CS2017218669
__________________________
Mr.Gary Christopher CEO

Very truly yours,

G&D Equipment Group, Inc

By: All Board of Directors

Daniel Espa/President

Jason Joule Antonio C. Troyo/Vice President

John David B. Montilla/Secretary

Mae Ann Danao/Treasurer

Gilbert Casinas/Auditor

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES
(In the City of ________)
Mailing Address: Suite no. 10, VKV Building, 233 Capitol Site, Villa Kananga Road, Butuan City, Agusan del Norte, Philippines;
Email: g_and_d.equipments@outlook.com; Cell# Gensan/ Daniel 09329593820 Cell# Davao/Gary 09062463374
Cell# Butuan-Surigao/John 09273546328 Cell# Cebu/Jason 09176296299
 G & D EQUIPTMENT GROUP
INCORPORATED
Comp. Reg # CS2017218669

BEFORE ME, a Notary Public for and in above jurisdiction this, 11TH day of July, 2017, Gary
Christopher personally appeared with BIR ID No. 451-11-533 Issued at 6/26/2014 and Daniel P. Espa
personally appeared with BIR ID No. 180-671-596 issued at 1/29/96 and Gilbert Casiñas , personally appeared
with, LTO ID No. G01-00-26435 issued at 12/23/2014 and Mae Ann P. Danao, personally appeared with BIR
ID No. 429-978-590 Issued at 8/4/2014 and Jason Joule Antonio C. Troyo personally appeared with LTO ID
No. G01-83-006333 Issued at 4/30/2015 and John David B. Montilla, personally appeared with LTO ID No.
K01-04-000869 issued at 2/3/2016 all known to me to be the same person(s) who executed the foregoing
instrument and who acknowledged to me that the same is his free and voluntary act and deed.

This instrument consisting of one (6) page including this acknowledgment is written, has been signed by the
parties together with their instrumental witnesses, and refers to a Memorandum of Agreement

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

NOTARY PUBLIC

Doc. No. __________

Page No. __________
Book No. __________                                                                                           
Series of    2017

Mailing Address: Suite no. 10, VKV Building, 233 Capitol Site, Villa Kananga Road, Butuan City, Agusan del Norte, Philippines;
Email: g_and_d.equipments@outlook.com; Cell# Gensan/ Daniel 09329593820 Cell# Davao/Gary 09062463374
Cell# Butuan-Surigao/John 09273546328 Cell# Cebu/Jason 09176296299