A ALT GL@BAL February 17, 2020 Mr. Romualdo Pindos Bray. Zone 1, Sta Fe Leyte Dear Mr. Pindos, This has reference to our verbal agreement on the lease of your property situated at 1009 The Infinity 26" St., Bonifacio Global City, Taguig for the purpose of contracting telecommunication tower. We are offering the specific terms which are essential in the excavation of lease contract as follows: LEASE PERIOD ~ shall be for the period of TEN (10) YEARS, commencing on expiring on 2030. 3{ 2. RENTAL RATE— At EIGHT THOUSAND PESOS (8,000.00) ONLY, tobe pald in Philippine Peso 3. SECURITY DEPOSIT — One (1) months equivalent of the monthly rental EIGHT THOUSAND PESOS 2020 and (8,000.00) ONLY ‘X 4. ADVANCE RENTAL ~~ One (1) months equivalent of the monthly rental EIGHT THOUSAND PESOS (8,000.00) onLy \{. 5: ESCALATION RATE ~ INCREASE OF TWO PERCENT (2%), to start on the first month on the 3" year of Tease term EXTENSION OF LEASE — Unless otherwise extended by both parties, the lease contract automatically ‘ceases upon the duration of term of the contract. The contract of lease is extendable for another FIVE {5) years upon mutual consent by the parties; and 7. AGREEMENT ~ A signed copy of this agreement shall from part of Lease Contract to be executed by and between the parties. Terms and condition defining the responsibilities of both parties, including such other terms and condition necessary in protecting the interest of both parties, shall be include in the Lease Contract ‘Should you find the foregoing terms acceptable, please signify your conformance on the space provided below. Thankyou. REMARKS: Very Truly yours, 4CiTe RENTAL por MONTH =F 26,000.00 Ethel Andrade aSeeuerTy pepesit = & pours x F2r,c00.00 Site Acquisition Manager fo Be Wep Witt 10 YEARS ONLY CONFORME: ¢ MONTHLY KENTAL WILL STRET 20 DAYS Romualdo Pindos PTTCR SIENING OF CONTRACT e RY MORE GCCKLATION xAND INCKEASE wimnn jo yexRL Pe