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AND
WITNESSETH:
WHEREAS, the FIRST PARTY is engaged in the multi-level marketing business with
marketing network found all-over the Philippines with its members and leaders at its
grassroots level;
NOW WHEREFORE, on the basis of the foregoing premises, the parties have agreed
to wit:
1. The SECOND PARTY shall purchase from the FIRST PARTY various
merchandize in the sum of Twenty Five Thousand Pesos Only (P25,000.00)
2. The SECOND PARTY shall have an option to (1) withdraw the merchandize
from the FIRST PARTY and for the latter to deliver the same at the designated
time and place, or (2) grant the FIRST PARTY the authority to sell the same
under its owns marketing strategy and schemes within a reasonable period to
dispose the same at the price profitable;
4. The FIRST PARTY shall notify the SECOND PARTY (35) thirty five working
days from the execution hereof with 10 days grace period, the status of
marketing of its goods the date of the turn-over of the proceeds the reasonable
profit therein produced.
ACKNOWLEDGEMENT
CITY OF BACOLOD )
REPUBLIC OF THE PHILIPPINES___.)S.s
X. ______________________________ X
All known to me and me known to be the same persons who executed the
foregoing instrument and acknowledged to me that the same is their own free act and
voluntary deed.
This instrument consisting of two (2) pages, including this page wherein the
acknowledgment is written, signed by the parties.
WITNESS MY HAND AND SEAL on the date and place first above written.
Doc. No. _______;
Page No. ______;
Book No. ______;
Series of 2021