CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This Contract made and entered into this __________________________ at Iloilo City,
Philippines, by and between:

QM CONSTRUCTION., a domestic corporation registered and

existing under and by virtue of the laws of the Republic of the
Philippines, with principal address at Pavia Iloilo, Philippines,
represented herein by its Operation Representing Mr. Francis
Montano (hereinafter the “MAIN CONTRACTOR”),

– and –

STAR ARCOR CONSTRUCTION SERVICES, a domestic company

registered and existing under and by virtue of the laws of the
Republic of the Philippines, with principal address at Balantang,
Jaro, Iloilo City, represented in this act by its Operation Manager,
MR. Leo Dignadice (the “SUB-CONTRACTOR”), (collectively the
“Parties”)

WITNESSETH THAT:

WHEREAS, in order to immediately implement the Construction Works for BFP Building
(“Project”) located at Poblacion, San Jose , Antique, belonging to the MAIN CONTRACTOR, the
MAIN CONTRACTOR invited bids from various contractors;

WHEREAS, the SUB-CONTRACTOR and other bidders submitted their bids for the supply
of materials, equipment and labor needed for the foregoing Project;

WHEREAS, after the evaluation of bids, the bid submitted by the SUB-CONTRACTOR at its
lump sum price set forth in its proposal was found to be the lowest acceptable bid in the
amount of:

FIVE MILLION TWO HUNDRED THOUSAND Philippine Pesos (₱5,200,000.00)

WHEREAS, the lowest bid submitted by the SUB-CONTRACTOR was accepted by the
MAIN CONSTRACTOR on November 2, 2020 through a formal Notice of Award and to Proceed;

NOW, THEREFORE, for and in consideration of the foregoing premises and the mutual
covenants, stipulations and agreements herein contained, and the payment by the MAIN
CONTRACTOR of a sum of money in the manner hereinafter specified, the MAIN CONTRACTOR
and the SUB-CONTRACTOR have agreed, as they do hereby agree and contract as follows:

ARTICLE I
DEFINITION OF TERMS

As used in this Contract, the terms below shall have the following corresponding meaning:

(a) Project Engineer shall mean the individual or firm authorized by the MAIN
CONTRACTOR to oversee the execution of this Contract, acting either directly or

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 through properly authorized agents, each agent acting only within the scope of
authority delegated to him by the MAIN CONSTRACTOR;

(b) Sub-Contractor shall mean any person, firm or corporation entering into agreement
with the MAIN CONTRACTOR for the performance of the scope of work, or any part of
the SUB-CONTRACTOR’s obligation under this Contract;

(c) Contract Documents shall mean all written agreements entered into by the MAIN
CONSTRACTOR and the SUB-CONTRACTOR for the performance of work such as but
not limited to the specifications and shown on the drawings, change orders issued by
the MAIN CONTRACTOR and similar documents signed by the SUB-CONTRACTOR
pertaining to the Project after this Contract is awarded;

(d) Specifications shall mean the General Condition, Special Provisions and the Technical
Specification of the Contract together with all addenda and change orders issued with
respect thereto;

(e) Drawings shall mean those drawings accompanying the Specifications showing the
location, nature, extent and form of the work together with applicable details;

(f) Staging Area shall refer to the adjoining lot beside the construction site, which shall be
used as temporary storage site for construction materials, construction equipment,
Site Office, temporary quarters, and other uses of analogous nature;

(g) PERT/CPM and S-CURVE refers to the methods, schedule, and program of works of the
MAIN CONTRACTOR disclosed to the SUB-CONTRACTOR as it pertains to the Project
and are made integral hereof by this reference;

(h) Punch-listing shall mean the inspection of completed works to determine if they meet
the specifications set forth at the commencement of the Project;

(i) Works refers to the expected output of the SUB-CONTRACTOR in all respects and as
laid out in the scope of work described hereunder and in the Contract Documents;

ARTICLE II
CONTRACT DOCUMENTS

2.1 The following documents are hereby made integral to this Contract as fully as if the
contents thereof are reproduced, incorporated and set forth herein, and shall govern
and control the rights and obligations of the Parties, except as otherwise modified by the
terms and conditions of this Contract or by mutual agreement in writing by both parties:
(a) Notice of Award and to Proceed;
(b) Final Contract Breakdown;
(c) Specifications, Drawings, and Change Orders;
(d) PERT/CPM of OWNER; and
(e) Bill of Quantities if any.

2.2 Other pertinent documents as may be reasonably required by existing laws are likewise
made integral hereof as if their contents are incorporated, reproduced and set forth
herein, and shall have the same force, effect and applicability as the documents
enumerated in the immediately preceding paragraph;

2.3 All Contract Documents are and shall remain in the property of the MAIN CONTRACTOR;

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 ARTICLE III
SUB-CONTRACTOR’S UNDERTAKING AND SCOPE OF WORK

3.1 In consideration of the payment made by the MAIN CONTRACTOR, the SUB-
CONTRACTOR hereby covenants to execute and complete the construction in conformity
with the provisions hereof and the Contract Documents, as follows:

SCOPE OF WORK

(a) General Requirements;

(b) BUIDING CONTRUCTION WORKS;
- Civil works
- Electrical works
- Plumbing works
- Painting works
- Other works, required to complete the
entire project

TOTAL CONTRACT PRICE (Lump Sum) ₱5,200,000.00

3.2 The SUB-CONTRACTOR agrees to commence, perform and complete the work called for
and defined in this Contract at its sole cost and expense, and to fully and faithfully
furnish all materials, tools, labor, supplies, equipment, services and superintendence for
the implementation of this Contract in accordance with the schedule in the Contract
Documents;

3.3 The SUB-CONTRACTOR guarantees, among others, that all tools, equipment, machinery,
instruments, accessories and materials it will supply or deliver or install and/or use in the
construction and workmanship of all his work under the Contract, shall be in accordance
with the Contract Documents. “Certificate of Acceptance” shall only be issued if there
are no defects discovered in the Works;

3.4 The SUB-CONTRACTOR recognizes the position of trust and confidence reposed in it
under this Contract and agrees to perform its obligations hereunder in the most efficient
and competent manner, use its skill and good judgment, always act in good faith, and
carry on the execution of this Contract in the most sound, expeditious and economical
manner consistent with the interest of the MAIN CONTRACTOR;

ARTICLE IV
CONSIDERATION

4.1 The amount of this Contract, inclusive of all taxes, shall be FIVE MILLION TWO
HUNDRED THOUSAND Philippine Pesos (₱5,200,000.00) (“Total Contract Price”);

The aforementioned amount shall be payable by the MAIN CONTRACTOR as follows:

(a) A down payment equivalent to fifty percent (10%) of the Contract Price or FIVE
HUNDRED TWENTY AND 00/100 Philippine Pesos (₱520,000.00), payable by the
MAIN CONTRACTOR to the SUB-CONTRACTOR in the following manner:

 10% upon submission of all Contract Documents, execution of this Contract, as

stated in Clause 5.1;

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 (b) The ninety percent (90%) balance of the Total Contract Price equivalent to shall be
billed on a progress billing with 10% retention and recoupment of down payment.
Billing shall be presented after the work is completed;

4.2 Any payment due and payable to the SUB-CONTRACTOR may be set off against
liquidated damages payable to the MAIN CONTRACTOR by the SUB-CONTRACTOR under
this Contract;

4.3 It is likewise understood that the SUB-CONTRACTOR shall show proof evidencing
payments by the SUB CONTRACTOR for labor, materials, supplies, equipment, such other
items used in the work, before any payment is made to it by the MAIN CONTRACTOR.
For this purpose, the SUB-CONTRACTOR shall, before payment is made on the works
accomplished, submit an affidavit certifying to the fact of payments of said labor,
materials, supplies, equipment, among others;

4.4 All payments shall be subject to existing company accounting and auditing rules and
regulations;

4.5 The MAIN CONTRACTOR shall have the right to deduct from the SUB-CONTRACTOR’s
progress billing such amount as may be necessary to cover third-party liabilities as well
as uncorrected discovered defects in the Project;

4.6 The SUB-CONTRACTOR shall be paid based on actual progress of works accomplished
through progress billing and which shall be released to the SUB-CONTRACTOR by the
MAIN CONTRACTOR within FIFTEEN (15) calendar days from the date of approval by the
MAIN CONTRACTOR including processing and checking by the MAIN CONTRACTOR or its
duly authorized representative at the project site;

ARTICLE V
COMPLETION TIME, LIQUIDATED DAMAGES

6.1 The SUB-CONTRACTOR agrees and obligates itself to perform and complete all works set
forth in this Contract “ As per Gen Con Schedule” including Sundays and Holidays,
commencing on November 9, 2020 or upon signing of contract or receipt of down
payment, whichever is earlier, and ending “As per Gen Con Schedule”. Unless sooner
terminated or extended by mutual agreement of the Parties, the end of the whole
project and the termination of this Contract shall be on the third month of from the day
the SUB-CONTRACTOR receives the down payment;

6.2 Time is of the essence of this Contract. Should the SUB-CONTRACTOR refuse or fail to
satisfactorily complete the work within the specified contract time, plus any time
extension duly granted and thereby deemed in default hereunder, the SUB-
CONTRACTOR shall pay the MAIN CONTRACTOR liquidated damages and not by way of
penalty an amount determined in accordance with the following formula for each
calendar day of delay, until the work is completed and accepted or taken over by the
MAIN CONTRACTOR:

(a) Upon failure of the SUB-CONTRACTOR to complete the work within the stipulated
completion date forestated, the SUB-CONTRACTOR shall pay the OWNER one-
tenth (1/10) of one percent (1%) of the balance of work of the Contract as

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 determined from the Project's PERT/CPM and S-Curve per day of delay as
liquidated damages;

(b) Should the SUB-CONTRACTOR be delayed in the implementation of the Contract

due to delays caused by the MAIN CONTRACTOR, the SUB-CONTRACTOR shall be
entitled to claim for standby time charges which will be determined by the MAIN
CONTRACTOR to cover the overhead expenses;

6.3 It is understood that the damages herein provided are fixed and the liquidated damages
as well as the entitlement thereto by the MAIN CONTRACTOR need not be proven nor
shall the MAIN CONTRACTOR prove that it has incurred actual damages. Such amount
shall be deducted from any money due or which may become due the SUB-
CONTRACTOR under the Contract and/or collect such liquidated damages from the
retention money or other securities posted by the SUB-CONTRACTOR whichever is
convenient to the MAIN CONTRACTOR;

6.4 In no case, however, shall the total sum of liquidated damages exceed twenty percent
(20%) of the Total Contract Price, in which event the Contract shall automatically be
taken over by the MAIN CONTRACTOR or award the same to a qualified contractor
through negotiation and the erring SUB-CONTRACTOR’s retention money shall be
forfeited. The amount of the forfeited retention money shall be set aside from the
amount of the liquidated damages that the SUB CONTRACTOR shall pay the MAIN
CONTRACTOR under the provisions of this clause;

6.5 Upon receipt of a request from the SUB CONTRACTOR that the Project is ready for final
inspection and acceptance, the MAIN CONTRACTOR or its authorized representative
shall promptly do the inspection and if the MAIN CONTRACTOR finds the work
acceptable under the terms and conditions of this Contract and that said Contract has
been fully and satisfactorily performed, the MAIN CONTRATOR or its authorized
representative shall immediately issue a “Certificate of Final Acceptance” over his own
signature stating that the Project provided for in this Contract has been completed and is
accepted by him under the terms and conditions hereof. If within thirty (30) calendar
days after the receipt of above written notice the MAIN CONTRACTOR has not advised
the SUB CONTRACTOR of any such defects (except latent defects) within the period, the
vices and the Works shall be deemed accepted by the MAIN CONTRACTOR and the
entire balance found to be due to the SUB CONTRACTOR noted in said Certificate of Final
Acceptance shall be payable within thirty (30) calendar days from submission of billing;

6.6 If at any time before taking over of the whole of the Works, the MAIN CONTRACTOR
shall take possession of any section of the Works, either with consent of the SUB-
CONTRACTOR or as provided for within the Contract Documents, the OWNER and/or its
authorized representative shall issue a certificate stating the estimate of the total value
of that section within fourteen (14) calendar days from the date on which the MAIN
CONTRACTOR shall have taken over the relevant section;

ARTICLE VI
EXTENSION OF CONTRACT TIME

8.1 Should the amount of additional work of any kind or other special circumstances of any
kind whatsoever occur such as to fairly entitle the SUB-CONTRACTOR to an extension of
contract time, the MAIN CONTRACTOR shall determine the amount of such extension:
Provided, that the MAIN CONTRACTOR is not bound to take into account any claim for
an extension of time unless the SUB-CONTRACTOR has, prior to the expiration of the

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 contract time and within thirty (30) Calendar Days after such work has been commenced
or after the circumstances leading to such claim has arisen, delivered to the MAIN
CONTRACTOR written notices in order that it could have investigated them at the time.
Failure to provide such notice shall constitute a waiver by the SUB-CONTRACTOR of any
claim. Upon receipt of full and detailed particulars, the MAIN CONTRACTOR shall
examine the facts and extent of the delay and shall extend the contract time for
completing the contract work when, in the MAIN CONTRACTOR’s opinion, the findings of
facts justify an extension;

8.2 No extension of the contract time shall be granted to the SUB-CONTRACTOR due to (a)
ordinary unfavorable weather conditions; (b) inexcusable failure or negligence of the
SUB-CONTRACTOR to provide the required equipment, supplies or materials; or (c) other
causes for which the MAN CONTRACTOR is not directly responsible for;

8.3 Extension of the contract time may be granted only when the affected activities fall
within the critical path of the PERT/CPM network;

8.4 No extension of the Contract time shall be granted when the reason given to support the
request for extension was already considered in the determination of the original
contract time during the conduct of detailed engineering and in the preparation of the
Contract Documents as agreed upon by the Parties before contract perfection;

8.5 Extension of contract time shall be granted for rainy/unworkable days considered
unfavorable for the execution of the works at the site, based on the actual conditions
obtained at the site, for such period in excess of the number of rainy/unworkable days
predetermined by the MAIN CONTRACTOR and/or for the equivalent period of delay due
to major calamities such as exceptionally destructive typhoons, floods and earthquakes,
and epidemics, and for causes such as non-delivery on time of materials, working
drawings, or written information to be furnished by the MAIN CONTRACTOR, for delay
on the part of artists, tradesman or others engaged by the MAIN CONTRACTOR, in
executing work not forming part of this Contract, non-acquisition of permit to enter
private properties within the right-of-way resulting in complete paralization of
construction activities, and other meritorious causes as determined by the MAIN
CONTRACTOR’s authorized Project Engineer and approved by the MAIN CONTRACTOR.
Shortage of construction material, general labor strikes, peace and order problems that
disrupt construction operations through no fault of the SUB CONTRACTOR may be
considered as additional grounds for extension of contract time provided they are
publicly felt and certified by appropriate government agencies such as DTI, DOLE, DILG,
and DND, among others;

8.6 In case of addition or alteration in the Project as contemplated in Article IX hereof, a

written request shall be presented to the MAIN CONTRACTOR by the SUB-CONTRACTOR
for the approval of the MAIN CONTRACTOR within thirty (30) calendar days following
receipt of such written request;

ARTICLE VII
AMENDMENTS

9.1 No modification, alteration or waiver of any provision herein contained shall be binding
on the Parties hereto unless evidenced by a written amendment signed and approved by
the representatives herein or their duly authorized attorneys-in-fact;

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9.2 The MAIN CONTRACTOR may, as the need arises, order changes in the work through
additions, deletions or modifications without invalidating this Contract. Such changes will
take effect through written change orders delivered to the SUB CONTRACTOR describing
the change required in the work, together with any adjustment in Total Contract Price
and/or time of completion as hereinafter provided. Any change in Total Contract Price
shall be computed, using the additive/deductive unitary pricing agreed by the MAIN
CONTRACTOR and SUB CONTRACTOR. Such changes may be signed by the MAIN
CONTRACTOR and the SUB-CONTRACTOR. No such changes shall constitute the basis of
claims for damages or anticipated profits; however, the Project Engineer will make
reasonable allowance for the value of any work, materials or equipment furnished and
subsequently rendered useless because of such changes. Any adjustment in the Total
Contract Price resulting from a change order will be considered in computing
subsequently monthly payments due to the SUB-CONTRACTOR. Any work performed in
accordance with a change order shall be subject to all provisions of the original Contract
and the SUB-CONTRACTOR’s sureties shall be bound thereby by the same degree as
under the original Contract. Any and all change orders/extra work shall, in addition to
the rules herein provided, be governed by such rules, regulations, guidelines, policies
promulgated by authorities from time to time;

9.3 The cost of the extra work done shall be submitted at the intervals to be determined by
the Project Engineer in a satisfactory form which shall be approved or adjusted at once
by the MAIN CONTRACTOR. Request for payment by the SUB-CONTRACTOR for any extra
work shall be accompanied by a statement, with the approved supporting forms, giving a
detailed accounting and record of the amount for which, he claims payment. Said
request for payment shall be included with the SUB-CONTRACTOR’s statement of
progress payment;

ARTICLE VIII
SUSPENSION OF WORK

The MAIN CONTRACTOR or its duly authorized representative shall have the authority to
suspend the work wholly or partly by written order for such period as may be deemed
necessary, due to force majeure or any fortuitous events or for failure on the part of the public
to carry out valid orders given by the Government or to perform any provisions of the Contract,
or due to adjustment of plans to suit field conditions as found necessary during construction.
The SUB-CONTRACTOR shall immediately comply with such order to suspend the work wholly or
partly. In case of total suspension, or suspension of activities along the critical path, which is not
due to any fault of the SUB-CONTRACTOR, the elapsed time between the effective order of
suspending operation and the order to resume work shall be allowed the SUB-CONTRACTOR by
adjusting the contract time accordingly;

ARTICLE IX
INSPECTION AND CONSTRUCTION OF CONTRACT WORK

Inspection of the contract work shall be made by the MAIN CONTRACTOR while such contract
work is in progress to ascertain that the completed works comply in all respects, with the
standards and requirements set forth in the Contract Documents. Notwithstanding such
inspection, the SUB-CONTRACTOR shall be held responsible for the acceptability of the finished
works. The SUB-CONTRACTOR shall promptly replace all materials and correct all works
determined by the OWNER as failing to meet requirements, at SUB-CONTRACTOR’s own
expense;

ARTICLE X

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 SUB-CONTRACTING

12.1 The SUB-CONTRACTOR shall not, without the confirmation approval of the MAIN
CONTRACTOR, assign, transfer, pledge, sub-contract, or make any other disposition of
interest in this Contract. Any unapproved assignment, transfer, pledge, sub-contract or
any disposition shall be sufficient ground for the MAIN CONTRACTOR to terminate or
cancel this Contract motu proprio without need of judicial action pursuant to Article 17.4
hereof. Should the OWNER give its written approval, such consent shall not relieve the
SUB CONTRACTOR of its responsibilities hereunder. The SUB-CONTRACTOR shall ensure
that the terms and conditions of any such sub-contracting engagement shall comply and
conform to the terms and conditions of this Contract and the SUB CONTRACTOR shall be
responsible for the observance by any such sub-contractor of the terms and conditions
hereof;

12.2 If any portion of the Project sub-contracted is not prosecuted faithfully in accordance
with the Contract, the Sub-contractor shall be removed or replaced immediately upon
the written request of the MAIN CONTRACTOR, provided, however, that any failure of
the MAIN CONTRACTOR to make such request shall not relieve the SUB-CONTRACTOR of
its obligations under the Contract. The MAIN CONTRACTOR shall not be responsible for
the delays or costs incurred by the SUB-CONTRACTOR because of the disapproval or
removal of the sub-contractor or because of the late submittal of its or his approval.

12.3 Sub-contracts may be permitted to such extent as shall be shown to be necessary or

advantageous to the SUB-CONTRACTOR in the execution of the work and without injury
to the OWNER’s interest. Each sub-contractor shall be properly licensed for the type of
work which he is to perform; but the SUB-CONTRACTOR shall perform not less than fifty
percent (50%) of the total value of the work with his own personnel;

ARTICLE XI
CONTRACTOR’S LIABILITY

The Parties, likewise, hereby agree that the employees of the SUB-CONTRACTOR are not
employees of the MAIN CONTRACTOR; and hence, the MAIN CONTRACTOR shall not in any way
be liable and/or responsible for any personal injury or damages, including death sustained or
caused by any of the employees of the SUB-CONTRACTOR and/or his sub-contractors, agents,
suppliers whether or not occurring during the performance of their duties. The SUB-
CONTRACTOR agrees and binds itself to indemnify the MAIN CONTRACTOR for whatever injuries
or damages caused or occasioned or contributed to by the failure, negligence or conduct of the
SUB-CONTRACTOR, and/or its employees, sub-contractors, agents and suppliers or consultants
arising out of or in connection with or on the occasion of the performance of this Contract. The
SUB-CONTRACTOR shall at all times, stand solely liable and/or responsible for the enforcement
of, and compliance with all existing laws, rules and regulations and binds itself to save and hold
the MAIN CONTRACTOR free and harmless from any and all liability in respect thereof and/or
arising therefrom and/or by reason of this Contract and its implementation;

ARTICLE XII
RESPONSIBILITY OF THE SUB-CONTRACTOR

14.1 The SUB-CONTRACTOR shall assume full responsibility for the entire contract work until
its final acceptance by the MAIN CONTRACTOR and shall be held responsible for any
damages or destruction of works until such final acceptance;

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14.2 The SUB-CONTRACTOR shall be fully responsible for the safety, protection, security and
convenience of its personnel, third parties and the public at large, as well as the works,
equipment, installation and the like to be affected by the construction work;

14.3 The SUB-CONTRACTOR shall keep the site of work and other areas used by him in a neat
and clean condition and free from any accumulation of rubbish. Construction debris and
garbage shall be collected, removed and disposed of on a daily basis;

14.4 The SUB-CONTRACTOR shall not store any materials within the building structure. All
such construction materials shall be stored properly in the staging area;

14.5 The SUB-CONTRACTOR shall guarantee the entire work constructed by him under the
Contract to be free of defects in materials (except those supplied by the OWNER) and
workmanship for a period of one (1) year following the date of the acceptance of work
by the MAIN CONTRACTOR. The SUB-CONTRACTOR shall agree to make at his own
expense any repairs or replacement made necessary by defects in materials and
workmanship, which become evident within the guaranteed period. The SUB-
CONTRACTOR shall further agree to indemnify and make harmless the MAIN
CONTRACTOR and Project Engineer and their officers, agents and employees, against
and from all claims and liability arising from damages and injury due to said defects. The
SUB-CONTRACTOR shall make all repairs and replacements within thirty (30) days from
notice upon receipt of written order from the Project Engineer. If the SUB-CONTRACTOR
fails to make the repairs and replacements within thirty (30) days from notice, the MAIN
CONTRACTOR may do the work and the SUB-CONTRACTOR and the retention money
mentioned in this Contract shall be liable to the MAIN CONTRACTOR of the cost of such
work;

14.6 The SUB-CONTRACTOR shall be responsible for any and all construction materials
supplied by the MAIN CONTRACTOR, if any, from the time of its delivery at the agreed
place. The SUB-CONTRACTOR shall likewise be responsible for any cost of procuring
sufficient and appropriate insurance cover should it opt to do so for its protection and
convenience;

14.7 The SUB-CONTRACTOR shall provide identification cards to all his construction personnel
(e.g. project engineers, managers, workers) which must be worn while on the job site;
ARTICLE XIII
INDIVISIBILITY OF OBLIGATION

It is the intent of the Contract that all the documents, annexes and addenda forming part
hereof, shall be read together and that each and every provision or stipulation hereof be given
full force, effect and applicability. However, in the event that one or more provisions or
stipulations herein be declared null and void by the courts, or otherwise rendered ineffective,
the remaining provisions and stipulations shall not be affected thereby.

ARTICLE XIV
EFFECTIVITY

This Contract shall take effect immediately upon signing of both Parties on every page hereof.

IN WITNESS WHEREOF, the Parties have signed this Contract on the date and place first
abovementioned.

REPRESENTED BY;

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MR FRANCIS MONTANO MR. LEO DIGNADICE
Main Contractor Sub Contractor

SIGNED IN THE PRESENCE OF:

(Please print name and signature) (Please print name and signature)

REPUBLIC OF THE PHILIPPINES )

CITY OF ILOILO ) S.S.
x----------------------/

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public for and in the City of Iloilo, Philippines, this
__________________, personally appeared the following person(s):

NAME Government Issued ID DATE & PLACE OF ISSUE

FRANCIS MONTANIO
LEO DIGNADICE

and by virtue thereof I sufficiently identified them to be the same persons who executed and
signed the foregoing instrument, consisting of _______ (__) pages, and they acknowledged to
me that the same is their free and voluntary act and deed, and that of the entities which they
respectively represent.

Witness my hand and seal on the date and place abovementioned.

Doc. No. : ___________;

Page No. : ___________;
Book No. : ___________;
Series of : ___________.

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