DEED OF ASSIGNMENT OF SHARES

KNOW ALL THESE MAN BY PRESENTS:

This Deed of Assignment of Shares is entered into this _24fth___ day of

___July_____ at ____Mactan, Lapu-lapu_____________ by and between:
__Rex Bernie Lobo_______, Filipino, of legal age, married, and with residence at
_Looc Mandaue City___________________ herein referred to as the “ASSIGNOR”
-and-
____Jeremy Achurra_, Filipino, of legal age, married, and with residence at
__Northtown Home Cabancala Mandaue City___ herein referred to as the
“ASSIGNEE”,

WITNESS: That –
WHEREAS, the ASSIGNOR is a stockholder of _Subseatech Contracting
Corporation_ (hereinafter referred to as the “Corporation”), a corporation duly organized
and existing under the laws of the Republic of the Philippines;
WHEREAS, the ASSIGNOR is the exclusive registered owner of the
_______0.50%________ shares of common stock of the Corporation (hereinafter referred
to as the “Shares”);
WHEREAS , the ASSIGNOR desire to assign, transfer and convey all its right,
titles, and interest in and to the Shares, including all its dividend and subscription rights,
whether accrued, accruing, or which may accrue to the Shares, in favor of the
ASSIGNEE, and the ASSIGNEE accepts the assignment;
NOW, THEREFORE, for and in consideration of the foregoing premises and the
payment of the sum of ___(amount)______________ (Php), the ASSIGNOR hereby
assigns, transfer, and to the Shares, including all its dividend and subscription rights,
whether accrued, accruing, or which may accrue to the said Shares, unto and in favor of
the ASSIGNEE, its successors and assigns.
IN WITNESS WHEREOF, the parties have hereunto set their hands on the date
and place first above written.
Rex Bernie L. Lobo                               Jeremy L. Achurra
 ASSIGNOR                                       ASSIGNEE   
 

Signed in the presence of:

 
 
_____________________________                  ______________________________

ACKNOWLEDGEMENT
 
Republic of the Philippines)
______________________) S.S
 

BEFORE ME, a notary for and in the City of Manila, personally appeared:
 
   Name                       CTC Number                 Date/Place Issued    
 
Rex Bernie Lobo           00000000            January 15, 20__ / Cebu City
Jeremy Achurra                00000000            January 21, 20__ / Lapu-lapu City
 
Known to me and to me known to be the same persons who executed the
foregoing Deed of Assignment and transfer of Rights and acknowledged to me that the
same is their free and voluntary act and deed.
 
WITNESS MY HAND AND SEAL, on the date and place first above written.
 
 
Notary Public

Doc.  No.______;
Page No. ______;
Book No.______;
Series of 20____.