DECLARATION OF INTENT TO FORM A PARTNERSHIP/ CORPORATION

We, Ellen Grace A. Tobeza and Ricky John T. Rizaldo proponent/s of ELRIC’s
Hydrophonic Farm hereby declare our intent to implement the said enterprise and form and
register it as a partnership/corporation within one (1) year from the receipt of financial grant
should we be chosen as one of the awardees of the Young Farmers Challenge (YFC) program.
Further, we commit ourselves to give time for the business and perform our individual
roles and responsibilities as owner/s of the (Name of agri-fishery enterprise), as follows:
Names Roles and Responsibilities
_____Ellen Grace A. Tobeza______ _________Production/Marketing_____________________
_____Ricky John T. Rizaldo_______ _________Production/Marketing_____________________
____________________________________ _________________________________________________________
____________________________________ _________________________________________________________
____________________________________ _________________________________________________________

Signed:

_____________________________________________ _____________________________________________
(Signature over Printed Name of Applicant 1) (Signature over Printed Name of Applicant 2)

Date: April 25, 2022