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DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale is made and entered into in Manila, Philippines this _____
day of _________ by and between:

I, TEDDY B. TEE, JR., of legal age, Filipino, with residence address at #26, Victoria
Street, Magallanes Village, Makati City hereinafter referred to as SELLER;

- and -

Raymond Allan P. Ronquillo, of legal age, Filipino, with residence address at #31
Xavierville Ave. Loyola Heights, Quezon City hereinafter referred to as BUYER;

WITNESSETH:

WHEREAS, the SELLER is the absolute and registered owner of the following motor
vehicle, more particularly described as follows:

MODEL/MAKE : LAMBORGHINI
SERIES: GALLARDO
COLOR: BLACK
BODY TYPE: SEDAN
MV FILE NO. : 0204-00002142287
SERIAL/CHASSIS NO. : ZHWGU11S54LA01717
 PLATE NO. : BEX 508

       WHEREAS, the SELLER desires to sell the aforesaid motor vehicle and
the BUYER is able, willing and ready to purchase the same under the terms and
conditions herein below set forth;

     NOW THEREFORE, for and in consideration of the sum total of SIX MILLION
PESOS (PHP6,000,000.00), Philippine currency, VAT Inclusive and receipt hereof is
hereby acknowledged by the said SELLER, the SELLER hereby
SELL,CEDE, TRANSFER and CONVEY unto the BUYER, in a manner absolute and
irrevocable the above-described 1 Unit of LAMBORGHINI GALLARDO, free from
any and all liens and encumbrances whatsoever and on an “AS IS WHERE IS
BASIS”.

The SELLER warrants that the Motor Vehicle is free from any liens and
encumbrances and that said SELLER shall defend the title and rights of the BUYER
from any claims of whatever kind or nature from third persons.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures on the
date and at the place first above-written.

     ______________________                ______________________

1
                   Seller                                          Buyer

SIGNED IN THE PRESENCE OF:

      ______________________              ______________________

ACKNOWLEDGMENT

Republic of the Philippines)


Manila ) S.S.

BEFORE ME, a Notary Public, for and in Manila, this _______ day of
_________________________ personally appeared:

         Name                   Identification Card       Issued On/At

Teddy B. Tee, Jr.     P9313065A 10/25/28 - DFA


Raymond Allan P. Ronquillo    P6884660B       05/31/31 - DFA

all known to me to be the same persons who executed the foregoing instrument and
hereby acknowledged to me that the same is their free and voluntary act and deed.

        This instrument consisting of two (2) pages, including this page on which
this acknowledgment is written refers to a DEED OF SALE of 1 Unit of
GALLARDO, LAMBORGHINI and has been signed by the parties and their
witnesses and sealed with my notarial seal.

WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No. ____


Page No. ____
Book No. ____
Series of 2022.

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