MEMORANDUM OF AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Agreement is made and executed this____day of___________________2023 ,by and between:

_________________________________ hereinafter referred to as “ SELLER” / SPA and

REYNALDO R. LLANES MA. FE D. DE TORRES

______________________________________and _______________________________hereinafter referred to as
Negotiator and Buyer’s Agent

Filipino of legal age and a residence of the Philippines,

WITNESSETH:
WHEREAS, the Seller’s Broker and the Buyer’s Trustee/Negotiator is entering into this agreement for purpose of
disposing the property specifically described below, to wit:
Location : _____________________________________________________
Descriptions :_____________________________________________________
Improvements :NONE
Classification : (x) Agricultural Land
Registered Owner :_____________________________________________________
Title # :_____________________________________________________
Tax Declaration No. :_____________________________________________________
Lot Area :_____________________________________________________
Seller’s Price :_____________________________________________________
Agent’s Commission= _____________________

A.) The 5% Commission of theSeller’s price of __________Php______________________________

( ___________________________________________________________________to be given to the

Seller’s Agent’s, Negotiator’s and Buyer’s Agent (3- WAY)

A-1. SELLER SIDE:1.25 % Php___________________________

NAMES/ Signature NAMES /Signature

1. Sarah A. Abedin __________________ 9. Marcelina D. Barrameda _______________

2. Rowena G. Gallardo _______________ 10. Luisito G. Tayag _____________________
3. Basilia P. Navarro _________________ 11. Abigail T. Ander _____________________
4. Lorideth N. Anteneo _______________ 12. Roselyn G. Baterna __________________
5. Vicente G. Rivera _________________ 13. Beverly L. Moaton ___________________
6. Michael Joseph G. Villanueva _______ 14. Ronald G. Palacay __________________
7. Madel C. Ramos ________________ 15. Maybelline L. Castro ________________
8. Melanie Jane R. Crizaldo ___________

A-2. NEGOTIATOR ( Seller Side ) 1.25% :Php______________________

NAMES /Signature

1. MA. FE DE TORRES ________________________________

2. REYNALDO R. LLANES ________________________________
3. FERLIN T. LLANES ________________________________
4. KATLYNNE PEARL OCTOSO ________________________________
5. GINA ARMIENTA _______________________________
6. LHEREZLE R. RELOX _______________________________
A-3. Buyer Side2.5 % : Php___________________________

NAMES SIGNATURE

1. ----------------------------------------------------____________________________
2. ___________________________________________________________
3. ___________________________________________________________
4. _______________________________ ____________________________`

B. Schedule of Payment on the Commission and additional commission will be prorated,

based on the mode of payment ofthe Buyer.

C.1 Ifin-case the Buyer will only pay30% , 50% or whatever amount as Earnest Money;
The Seller will also pay the Agent’s Commission base on the amount paid by the Buyer.

NOW, THEREFORE, for and in consideration of mutual covenants and promises herein set forth, the parties here to
have agreed on the following:

1.Definition of Terms

Property is the asset to be disposed which include the land and any improvements thereon.
Seller’s Broker / Agentis/are the person(s) entrusted by the Seller to sell and negotiate his property.
Negotiator is / are the person (s) entrusted to Negotiate between ( Seller and Buyer of the property.
Buyer’s Broker is/are person(s) mandated by the Buyer to look and negotiate for a specific
property to be acquired.

2. Main Duties and Responsibilities

The Seller’s Broker/Agent, Negotiator and Buyer’s Broker shall actively participate in the negotiation
and closure of thesale and purchases transaction. Their participation shall include but not limited to
submission of documents required, preparation and drafting of documents, coordination and
communication with the Seller or Buyer of the terms and conditions of the sale and purchase.

IN WITNESS WHEREOF, the parties hereby set their hands this _________ day of ______, 2023 at

______________________________________________.

SIGNED:

_____________________________________
SELLER /LOT OWNER

1.________________________________ 1.__________________________________
Seller’s Agents/ NegotiatorBuyer’sAgent / Negotiator

SIGNED IN THE PRESENCE OF:

_________________________________ ____________________________________
Witness Witness

_________________________________ ____________________________________
Witness Witness
REPUBLIC OF THE PHILIPPINES)

________________________) S.S

BEFORE ME, a notary public for and in ________________________ this _______day of

__________, 2023 personally appeared the following:

Who identified themselves to me through their foregoing valid identification documents bearing their picture and
signature, representing to me that they are the same persons who executed the foregoing instrument, and who
acknowledge to me that the same is their own free and voluntary act and deed.

This instrument consisting of three (3) pages including this page where the acknowledgment is written refers
to Memorandum of Agreement, and is signed by the parties and their witnesses on each every page thereof.

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

DOC. NO. ________;

PAGE NO. ________;
BOOK NO. ________;
SERIES OF 2023