ACKNOWLEDGEMENT RECEIPT

This is to certify that I acknowledge to have received 60 checks and each check
amounting to Eighty Eight Thousand, Two Hundred Nine and 15/100 (P 88,
209.15), with check no. _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, _____________, _____________, _____________,
_____________, on behalf of ____________________________Inc., as
payment for the debt of ____________________________________amounting
to Five Million, Two Hundred Ninety-Two Thousand, Five Hundred Forty-Nine
and 32/100 (Php 5, 292, 549.31) in ____________ on ________________.

_________________