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INSTALLMENT PAYMENT AGREEMENT

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Date: 07 July 2020

MERLE, SERGIO holder of Account Id Number 129346364 hereby agrees to pay the MANILA ELECTRIC COMPANY the amount
of Php 5,501.93 for unpaid electricity used at:

Service Address Service Id Number


9001 @ CARILLO BARANGAY 4 (PARANG) PAGBILAO PAGBILAO QUEZON 4302 43493485-01

Covering unpaid bills plus interest, under the following conditions:

1. Unpaid bills covered by this agreement:

Bill Id Number Bill Amount VAT Amount Total Amount


19041082694 Php 110.81 Php 0.00 Php 110.81
20039700171 Php 1,910.95 Php 215.30 Php 2,126.25
20046576162 Php 1,897.37 Php 216.31 Php 2,113.68
20055517012 Php 1,032.25 Php 118.94 Php 1,151.19

2. Php 1,375.48 to be paid on the date of this agreement and the balance of Php 4,126.45
to be paid full on
X to be paid monthly the amount of Php 1,375.49 with % interest per month for 3 months until fully paid on
10/15/2021 .

# Due Date Principal Amount Interest Total Amount


1 07/15/2021 Php 1,375.48 Php 1,375.48
2 08/15/2021 Php 1,375.49 Php 1,375.49
3 09/15/2021 Php 1,375.48 Php 1,375.48
4 10/15/2021 Php 1,375.48 Php 1,375.48

3. That upon the account holder's failure to pay any of the installments when due and payable, the remaining balance shall be due
and demandable and the MANILA ELECTRIC COMPANY shall have the right to disconnect the particular service covered by this
agreement.

4. That in case the service is disconnected due to an unpaid regular bill/s and if the customer fails to take action to have his service
reconnected within 30 days grace period after disconnection, this agreement shall automatically be terminated.

5. That in case collection shall be enforced through the courts, the account holder agrees to pay reasonable attorney's fees, costs
of litigation and all expenses incurred as a result of the account holder's failure to pay any and all amounts due and payable.

MANILA ELECTRIC COMPANY ACCOUNT HOLDER

____________________________ ____________________________
Signature Over Printed Name Signature Over Printed Name

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