PARTNERSHIP AGREEMENT

THIS PARTNERSHIP AGREEMENT made and entered to this 6 TH day of OCTOBER 2021 (the EXECUTION
DATE).

BETWEEN:

JESSA JANE MARIANO and JANNELLE SAPIANDANTE (individually the PARTNERS)

BACKGROUND:

A. The Partners wished to associate themselves as partners in business

B. This Agreement sets out the terms and conditions that govern the partners within the
partnership

IN CONSIDERATION OF and as a condition of the PARTNERS entering into this agreement and other
valuable consideration, the receipt and sufficiency of which consideration is acknowledged, the parties
to this agreement agree as follows;

FORMATION:

1. By this Agreement the partners enter into a general partnership (“the Partnership”) in
accordance with the Law of the State. The rights and obligations of the Partners will be as stated
in the applicable legislation of The State except as otherwise provided within this Agreement.

NATURE OF BUSINESS

2. The nature of business will be: GENERAL TRADING OF AGRICULTURAL PRODUCTS

TERM OF BUSINESS

3. The partnership will begin on October 2021 and will continue until terminated as provided in
this Agreement

PLACE OF BUSINESS

4. The principal office of the business of Partnership will be located at SANTO DOMINGO, NUEVA
ECIJA.

CAPITAL CONTRIBUTIONS

5. Each of the Partners has contributed to the capital of the Partnership, in cash agreed upon as
follows; (the CAPITAL CONTRIBUTION)

NAME CONTRIBUTION DESCRIPTION AGREED VALUE

JESSA JANE MARIANO CASH (Php) 170, 000.00 php
JANNELLE SAPIANDANTE CASH (Php) 100, 000.00 php
 6. All partners will contribute their respective CAPITAL CONTRIBUTION fully and on time.

WITHDRAWAL OF CAPITAL

7. No partner will withdraw any portion of their Capital Contribution without the express written
consent of the remaining partners.

CAPITAL ACCOUNTS

8. An individual capital account will be maintained for each partner and their profit share will be
credited to this account.

FINNCIAL DECISIONS

9. Decisions regarding the distribution of profits, allocation of losses, and the requirement for
Additional Capital Contributions as well as all other financial matters will be decided by a
unanimous vote of the Partners.

PROFIT AND LOSS

10. Subject to any other provision of this Agreement, the net profits and losses of the Partnership,
for both accounting and tax purposes, will accrue to and be borne by the partners in agreed
proportions.

PROFIT SHARING

11. It is as agreed that Party A (Ms. Mariano) will have a profit share of 70% and Party B (Ms.
Sapiandante) will receive a 30% profit share. Profit Share is the net profit of one load deducted
will all the expenses acquired and used as per delivery of the goods. The profit share will then be
deposited to the private accounts of the Partners (monthly or per delivery, as agreed).

LOSS

12. Loss is inevitable to any business. The lossage will be reflected on the net capital share if
unavoidable, and will be replenish once profit is made on the following deliveries.
13. All of the rights, remedies and benefits provided by this Agreement will be cumulative and will
not be exclusive of any other such rights, remedies and benefits allowed by the law.

IN WITNESS WHEREOF the Partners have duly affixed their signatures underhand on this day of October
6, 2021.

Party A: JESSA JANE MARIANO Party B: JANNELLE SAPIANDANTE

Witness A: ARIEL ALEJO JR. Witness B: ALDRIN ESPINO