3 February 2022

HON. MICHAEL TAN DEFENSOR

[address]

RE: BANNERS
===========================

Dear Hon. Mike Defensor:

We respectfully submit to you the following basic terms and conditions

for the production of the referenced matter, thus:

DESIGN Please see attached as Annex “A”

SIZE OF BANNER
QUANTITY
PRICE Php6,000,000.00
PRODUCTION PERIOD Four (4) weeks from the approval of this letter
TERMS OF PAYMENT - 50% down-payment upon approval of this letter
- 50% balance due upon completion and prior to
delivery

We hope that you find the above to be in order. If you approve of the
foregoing, we humbly ask that you express your conformity in the space
provided below.

Thank you for your attention and consideration. We wish you all the best
and we look forward to cooperating with you on this matter.

Sincerely,

[COMPANY NAME]

By:
_______________________________
[NAME OF REPRESENTATIVE]

CONFIRMED AND APPROVED:

________________________________
HON. MICHAEL TAN DEFENSOR
ANNEX “A”

[please input the design of banner to be produced]