MEMORANDUM OF AGREEMENT

[Investor Agreement]

This Memorandum of Agreement (the “Agreement”) is entered into on this _____ day of
_________________ 2021 in _________________, Philippines by and between:

DIGITAL DEVILS represented by __________________________, Filipino, of

legal age, with address at _____________________________________________,
hereinafter referred to as the “Management”;

-and-

___________________________________, [Filipino, of legal age/a corporation

organized and existing under the laws of the Republic of the
Philippines], with address at
_________________________________________________________________,
[represented by its ___________________, Mr./Ms. ______________________],
hereinafter referred to as the “Investor”.

I. TERMS AND CONDITIONS

A. The Investor hereby agrees to provide sponsorship to the Management for managing a
professional esports team in [game] under the name of [team name].

B. The Management agrees to promote and provide other benefits to the Investor in
exchange for the sponsorship.

II. DURATION OF THE AGREEMENT, TERMINATION, AND RENEWAL

This Agreement shall be valid for a period of _____________________ and may be renewed
thereafter by mutual agreement of both parties.

III. OBLIGATIONS OF THE PARTIES

1. The Investor agrees to provide the amount of THIRTY THOUSAND PESOS

(Php30,000.00) every month to the Management. Said amount shall be given every
________ day of the month.

2. The Management undertakes to promote and advertise the name/business of the

Investor through marketing, branding, inclusion of business name/logo in the esports
team’s jersey and other materials, and the like.

IV. PAY-OUTS AND DIVISION OF TOURNAMENT WINNINGS

A. The division of tournament winnings will be among the Management, the Investor, and the
Players. The details of the division are as follows:

Management Fee 20%

This portion will go to the Management as
fee for managing the team

Operational Fees 30%

This portion will go to the Investor as a
return for their sponsorship

Players Fees 50%

This portion will go to the Player as
compensation under this Agreement. This
may be in cash or in-kind.

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 Incentive 10%
This portion will go to the Players who
consistently perform well. This may be in the
form of cash or in-game items.

TOTAL 100%

B. Payment will be made through Bank Deposit or Cash Deposit.

C. Payments will be given within ten (10) business days.

D. No changes to the above provisions shall be recognized unless made in writing or email
and agreed upon by both parties.

V. MISCELLANEOUS PROVISIONS

A. The invalidity or unenforceability of one or more provisions of this Agreement shall not
affect the effectivity of the other provisions which are deemed valid.

B. The parties acknowledge that this Agreement is subject to the laws and regulations of
the Republic of the Philippines.

C. The parties acknowledge that this Agreement contains the entire agreement of the
parties and that no term or condition otherwise agreed upon by the parties after
execution of this Agreement shall modify or change the same unless made in writing
and signed by both parties. All prior agreements made which are inconsistent hereto
shall be deemed superseded.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures on the date and
at the place abovementioned.

DIGITAL DEVILS
By:

________________________________ ________________________________
Management Investor

REPUBLIC OF THE PHILIPPINES)

_____________________ ) S.S.

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in ____________________________, Philippines, the following
personally appeared:

Name Government-issued ID Date/Place of Issuance

Digital Devils
Represented by:
______________________________ ______________________________ ______________________________
______________________________ ______________________________ ______________________________

known to me and to me known to be the same persons who executed the foregoing Memorandum
of Agreement consisting of three (3) pages, including the acknowledgment page, and acknowledged
to me that the same is their free act and voluntary deed.

WITNESS MY HAND and notarial seal at the place and on the date first above-written.

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Doc. No. __________;
Page No. __________;
Book No. __________;
Series of 2021.