AXIE SCHOLARSHIP CONTRACT

This Contract of Engagement is entered into by and between the following

parties, to wit—

JAMES AFANTE, of legal age, Filipino, single, with

residential address at
______________________________________________;

-and-

___________________________, likewise of legal age,

Filipino, with residential address at
______________________________________________________
____.

I. PURPOSE AND SCOPE

This Memorandum of Agreement shall set forth the rights and obligations
that will govern the contractual relationship of the parties as indicated above.
Furthermore, this Memorandum of Agreement shall lay down the terms and
conditions by which those rights and obligations shall be governed.

II. EFFECTIVITY

This agreement shall take effect upon signing of this contract by all concerned
and shall be in full force for until terminated by either party for cause as
enumerated in this Contract.

III. BACKGROUND

Both Parties envision a contractual agreement involving Axie Infinity, a

blockchain-based trading and battling game which permits players to collect,
breed, raise, battle, and trade token-based creatures known as “Axies”, which
are digitized as their own NFTs (Non-Fungible Tokens).

Both Parties see the commercial value and the potential of entering into a
contract with each other and the potential of the game to earn income.

IV. TERMS AND CONDITIONS

An Axie Scholar should follow a “one mobile phone-one account policy.” The Axie
Scholar shall not, directly or indirectly, contract with another provider of an
Axie account. The scholar shall be provided with a mobile phone specifically
for the purpose of using Axie.

Axie Scholar is prohibited to adjust the date and time of his or her device to
manipulate the energy. This will automatically lead to account banning and
the forfeiture of the amount tendered for the Axie account.
Profit sharing is on a 30%-5%-65% basis. Thirty percent (30%) of the total
profit shall inure to the benefit of the Scholar; Five percent (5%) shall be given
to the manager; the remaining sixty five percent (65%) shall be given to the
Principal. Scholars may be promoted to managers subject to performance
review of the Principal.

The QR Code for the account will be given by the Manager to the Scholar.
Accounts provided are non-transferrable, non-assignable, and non-
negotiable. The QR Code must not be shared with anyone.

Payouts are scheduled every fifteen (15) days. In the event that the SLP value
has increased at a certain point, it will be up to the principal and manager(s)
to convert SLPs. Scholars will be advised regarding the matter. Scholars are
typically paid in SLP, although bank transfer, cash, and other means of
payment may be considered on a case to case basis.

A minimum of ______ SLP per week or _____ SLP daily shall be

implemented. In the event that the Scholar fails to complete the daily task of
collecting ____ SLP due to personal reasons, he or she will be given warnings
and/or penalties:

(a) First Infraction- Verbal Warning

(b) Second Infraction- ___ SLP or a total of one day will be deducted from
his or her pay out
(c) Third Infraction- Scholar shall be kicked out of the program and shall
get 50% of his remaining pay out.

In the event of server maintenance, the application should be closed or logged

out immediately. It is the Scholar’s responsibility to coordinate with the team
via group chat for possible announcements to prevent the occurrence of
unnecessary issues.

In the event of a ban, the parties involved shall be investigated. If it is proven

that the scholar caused the ban, the scholar agrees to pay for the current value
of the banned Axie(s) or the actual purchase price, whichever is higher.

The scholar must refrain from the use of VPN or any relative tools.

The scholar agrees to provide his or her own data connection to be used for
playing Axie Infinity. This data connection must never be shared with any
other person playing Axie Infinity to prevent the account from getting
banned. He or she may use WiFi connection only if the scholar is the only one
playing Axie Infinity inside the household.

AFK while in-game is strictly prohibited. Once the game has commenced, the
scholar must check his screen at all times. Axie Infinity randomly sends anti-
bot pop-ups. The scholar must be prepared for this when launching the
application.

The Scholar shall be obliged to take good care of the phone used in playing
Axie Infinity. Any damage, may it be physical or digital, shall be borne by the
scholar. The Scholar shall be obliged to replace the phone in the event of
damage.
 Non-Performance of the above terms and conditions shall warrant the
termination of this contract.

V. REPRESENTATIONS

Both Parties represent and warrant that they have the requisite capacity to
enter into contracts such as these. Also, both Parties understand that this is a
partnership venture and investment agreement.

VI. NON-DISCLOSURE AGREEMENT

The Capitalist shall not disclose to third parties, any of the terms and
conditions stipulated in this Agreement. Any violation of this clause shall
hold Capitalist liable for damages.

VII. NOTICES

Any notice herein required from one party to the other shall be in writing and
shall be deemed duly received at the time of actual receipt, if delivered
personally, or properly sent by registered mail to the party concerned at the
address indicated in the first part of this Agreement.

VIII. NON-WAIVER OF RIGHTS

The failure of either party to insist upon strict performance of any of the
terms and covenants hereof shall not be considered a relinquishment or
waiver of any rights or remedies pertinent thereto, nor shall the same be
considered as a waiver or condemnation of any subsequent breach or default
of the terms and covenants hereof, all of which shall continue to be in full
force and effect. No waiver, express or implied by either of the parties, of any
of their respective rights or remedies under this Agreement shall be deemed
to have been made, and no evidence thereon shall be admissible, unless such
waiver is expressed in a written instrument duly signed by the party waiving
said rights or remedies.

IX. FORCE MAJEURE

Either party will not pay any penalties or charges in the event of force
majeure which prevents it from performing obligations under this contract
unless one of the parties contributed to the damage by committing
contributory negligence.

As used herein, Force Majeure shall mean events beyond the control, and
affecting the Managing Partner or Capitalist which cannot be foreseen, or
although foreseen cannot be prevented or avoided by the excess of due
diligence, such as but not limited to acts of war (declared or undeclared),
revolution, rebellion or insurrection, acts of government, intervention of the
State, hostilities, riot or civil commotion, strikes, acts of god, earthquake,
flood, fire caused by physical disasters, breakdown or injury to quarrying and
mining and/or site facilities; or any other act or event, cause or occurrence
rendering the Parties unable to perform its obligations, whether or not similar
to any of the foregoing and whether or not foreseeable.

X. EXCLUSIVENESS OF THE WRITTEN CONTRACT

 This Agreement expresses the entire agreement between the parties and there
are no oral or implied representations, guarantees or conditions contained
therein. This Agreement supersedes and renders void any and all
agreements and understandings, oral and/or written, previously entered into
between the parties regarding the subject matter hereof and shall not
hereafter be considered modified, altered or negated, except by a written
instrument duly signed by the party against which it is being invoked.

XI. ARBITRATION

If any dispute shall arise between Parties in connection with or arising out of
this agreement in relation to the execution of works, whether during the
progress of the work or after their termination, abandonment or breach of
contract, such dispute or difference shall be determined by a third person
expressly chosen for the purpose by the respective parties hereto. Arbitration
procedures to the applied shall be agreed upon by both parties concerned.

It is expressly stipulated and agreed that the decision of the arbitrator

designated by mutual consent of Parties for the purpose of resolving any
dispute or difference between them, shall be final, conclusive and binding
upon both parties to this agreement.

XII. VENUE OF ACTION

In case of litigation arising out of this Contract, the parties hereby agree to
solely and exclusively submit themselves to the jurisdiction of the
appropriate court in Pasay City.

XIII. SEPARABILITY CLAUSE

If any term or condition of this Agreement is held invalid or contrary to law,

the validity of the other terms and conditions hereof shall not be affected
thereby.

IN WITNESS WHEREOF, the parties have hereunto set their hands this _____
day of _________ at Pasay City.

JAMES AMFANTE (Scholar)

SIGNED IN THE PRESENCE OF:

_________________________ _______________________________
                     Witness                       Witness

REPUBLIC OF THE PHILIPPINES )

________________________________ ) S.S.

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public in and for the City of ___________________

personally appeared:
 PARTY VALID GOVERNMENT ID DATE ISSUED

known to me and to me known to be the same persons who executed the foregoing
instrument and they acknowledged to me that the same is their free and voluntary act
and deed as well as the free and voluntary act and deed of the firm represented. The
foregoing refers to a Memorandum of Agreement consisting of five (5) pages including
the page on which this acknowledgment is written.

WITNESS MY HAND AND SEAL, this ______________ day of __________ 2021

in __________________, Philippines.

NOTARY PUBLIC
Doc. No. _______
Page No. _______
Book No. _______
Series of 2021.