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CONTRACT AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Contract is made and entered into this ___________ 2023 at


__________________________________, Philippines, by and between:

MR. ________________ (“Mr. ______________”), of legal age,


resident of ________________________and citizen of the
Philippines;

-and-

MR. ________________ (“Mr. ______________”), of legal age,


resident of ________________________and citizen of the
Philippines;

(Collectively, the “Parties”)

Witnesseth; That:

WHEREAS, the undersigned Parties have on this day voluntarily


associated themselves together for the purpose of contributing money to a
common fund with the intention of dividing the profits among themselves
in proportion to their capital contributions subject to existing and
applicable laws of the Republic of the Philippines.

WHEREAS, ______________ agreed to contribute the amount of


_________________ PESOS (Php________) to _____________.

WHEREAS, this contract serves as the primary proof that the


amount of ____________________ PESOS (Php__________) was given to
and received by _____________.

WHEREAS, the Parties agreed that Ms. Del Rosario shall be


entitled to ______of the net income.

WHEREAS, the Parties further agreed that the expenses and losses
shall be divided equally in proportion to their capital contributions.

WHEREAS, the effectivity of this Agreement commences on


_______________ 2023 and shall be terminated upon the time that the
profits, expenses and losses are divided and distributed among the
Parties.

IN WITNESS WHEREOF, we have hereunto affixed our signatures


this ______ day of _________________ 2023 at ______________ Philippines.

________________________ ____________________________

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ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


____________________________ ) S.S.

BEFORE ME, a Notary Public, for and in _________________, this ____day


of _________, 20___, personally appeared the following persons:

Name TIN/ID/Passport No. Date & Place Issued

MR.

MS.

known to me and to me known to be the same persons who executed the


foregoing Agreement constituting of two (2) pages, including this page where
the acknowledgement is written, and they acknowledged to me that the same is
their free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.

NOTARY PUBLIC

Doc. No. ______;


Page No. ______;
Book No. ______;
Series of 2023 ______.

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