ADVERTISING CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

  This Advertising Contract is made and entered into by and between:

________________________________, a corporation duly organized and existing

under Philippine laws, with principal address at
_______________________________, Philippines and herein represented by
_______________________, Chief Operations Officer, hereinafter referred to as
“ADVERTISING AGENCY”;

-and-

ABC CONSTRUCTION AND HARDWARE CORPORATION, a

corporation doing business/operating under and by virtue of the laws of the
Republic of the Philippines as a food business, with principal office
_______________________________, Bohol, Philippines and represented by the
Branch Manager, PAUL L. LABAD, hereinafter referred to as the
“CLIENT/ADVERTISER”;

WITNESSETH:  That -

WHEREAS, Mama Lilia’s Food Product Inc., is engaged in construction

and hardware business;

WHEREAS, in order to sustain its sales the public must be well informed of
its products and services offered, thus a need to acquire newspaper advertising
services;

NOW THEREFORE, for and in consideration of the mutual covenants and

agreements herein agree upon, the Advertising Agency and the Advertiser/Client,
by these presents, have entered, as they hereby enter, into a Contract of
Advertising, under the following terms and conditions:

1. During the term of this agreement, we shall be the sole company charged
with the responsibility of preparing and placing advertising with respect to such
product(s) or service(s). You may assign additional products or services to us from
time to time, subject to our ability to handle same. If additional products or
services are assigned to us and we agree to handle same, our additional
compensation must be agreed upon in writing. All other terms and conditions
hereof shall apply in the same manner as with respect to the originally assigned
product(s) or service(s), unless otherwise mutually agreed to in writing. We are
authorized to act as your agent in purchasing materials and services required to
produce advertising on your behalf.
 2. The Advertising Agency shall perform the following services for his
Client in connection with the planning, preparing and placing of advertising for
your product(s) or service(s):

(a) Study Cleint’s products or services;

(b) Analyze Client’s present and potential markets;

(c) Create, prepare and submit to Cleint, for approval, advertising ideas and
programs;

(d) Employ on Client’s behalf our knowledge of available media and means
that can be profitably used to advertise your product(s) or service(s);

(e) Prepare and submit to Client, for approval, estimates of costs of these
recommended advertising programs;

(f) Advertiser, design, illustrate, produce or otherwise prepare your

advertisements, including commercials to be broadcast, or other appropriate forms
of your message;

(g) Order the space, time, or other means to be used for Cleint’s advertising,
endeavoring to secure the most advantageous rates available;

(h) Properly incorporate the message in mechanical or other form, and

forward it with proper instructions for the fulfillment of the order;

(i) Check and verify insertions, displays, broadcasts or other means used, to
such degree as is usually performed by advertising agencies; and

(j) Audit invoices for space, time, material preparation and services.

3. The basis of our compensation shall be as follows:

(a) On all media purchased by Adertiser on Client’s behalf, shall bill you at
the published card rates, or negotiated rates, as may be applicable. If no agency
commission is granted or allowed on any such purchases, Client shall agree that he
shall be made invoice as gross amount which, after deduction of our cost, will
yield us fifteen (15%) percent of such gross amount as agency commission.

(b) With respect to the engagement of talent, we shall bill you the authorized
engagement rate, plus any taxes, insurance, pension and health fund contributions,
talent payment service fees, etc. applicable thereto, plus a gross amount which,
after deduction of our cost, will yield us fifteen (15%) percent of such gross
amount as agency commission.

(c) On broadcast production, artwork, engravings, type compositions and

any and all art and mechanical expenses incurred by us, pursuant to Clients
authorization, Advertiser shall invoice you a gross amount which, after deduction
of our cost, will yield us fifteen (15%) percent of such gross amount as agency
commission.

(d) If Advertiser undertake, at Cleint’s request, special assignments such as

market, product or distribution research, or other research (with the exception of
research for copy development testing purposes), or special assignments such as
market counseling or sales meeting presentations, the charges made by us will be
agreed upon in advance whenever possible. If no agreement was made, we shall
charge you at our standard rates for the work performed by us. In addition, for
materials or services purchased from outside sources under your authorization, we
shall invoice you a gross amount which, after deduction of our cost, will yield us
fifteen (15%) percent of such gross amount as agency commission.

IN WITNESS WHEREOF, the parties hereunto set their hands

this 16 day of October 2021 at the City of Tagbilaran City, Bohol, Philippines.
th

______________________________________________

_____________________________
Chief Operations Officer
Advertising Agency
ID No. 2334790

ABC CONSTRUCTION AND HARDWARE CORPORATION

PAUL L. LABAD
Client/Advertiser
ID No. 448905

Signed in the presence of:

ISABEL M. GARBO PETER JAMES S. LASANG

 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF TAGBILARAN )S.S.

BEFORE ME, this 16th day of October, 2021 at ____________________,

Philippines, personally appeared the following persons above together with other
two (2) instrumental witnesses with their aforementioned competent evidence of
identity, who are known to me to be the same persons who executed the forgoing
instrument and acknowledged that the same is their free will and voluntary act.

This Advertising Contract consists of four (4) pages including this page in
which the acknowledgement is written duly signed by the parties and instrumental
witnesses at the left hand margin hereof.

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