Articles of Partnership

of
Palacios-Reginio Motor Parts and Accessories
Co.

KNOW ALL MEN BY THESE PRESENTS:

That we, the undersigned partners, all of legal age, residents and citizens of
the Philippines, have on this day voluntarily associated ourselves together for the
purpose of forming a general partnership under the following terms and conditions

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and subject to existing and applicable laws of the Republic of the Philippines:

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AND WE HEREBY CERTIFY:

by
First: That the name of this partnership shall be Palacios-Reginio Motor
Parts and Accessories Co. and shall transact business under the said company
name.
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Second: That the purpose/s for which this partnership is formed is/are:
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1. To engage in and carry on the business of trading motor parts and

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accessories.
2. To provide after-sales services such as maintenance
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Third: That the principal place of the business of this partnership shall be
located at: 362 MANILA HILTON VILLAGE NIOG II WEST DISTRICT, BACOOR
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CITY, CAVITE, REGION IV-A (CALABARZON), 4102;

Fourth: That the term of existence of this partnership shall be indefinite;

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Fifth: That the names, nationalities and complete residence addresses of the
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partners are as follows:

Kind of
Name Nationality Residence
Partner

JANICE QUING Philippine, blk 1 lot 15 Manila Hilton Village General

PALACIOS Filipino Niog II West District, BACOOR Partner
CITY, CAVITE, REGION IV-A
(CALABARZON), 4102

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MARINELA Philippine, LOT 21 BLK 2 3RD STREET SITIO General
GARCILA REGINIO Filipino EVERGREEN Pasong Tamo Partner
DISTRICT 6, QUEZON CITY,
SECOND DISTRICT, NATIONAL
CAPITAL REGION (NCR), 1107

Sixth: That the capital of this Partnership shall be the amount of Four
Hundred Thousand Pesos (P400,000.00), Philippine Currency, contributed in
cash by the partners, as follows:

Name Amount Contributed

JANICE QUING PALACIOS P200,000.00

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MARINELA GARCILA REGINIO P200,000.00

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Total P400,000.00

That no transfer of interest which will reduce the ownership of Filipino citizens
to less than the required percentage of capital as provided by existing laws shall be

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allowed or permitted to be recorded in the proper books of the partnership.

Seventh: That the profits and losses of this partnership shall be divided and
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distributed proportionately on the ratio of the capital contribution of each partner.
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Eighth: That this partnership shall be under JANICE QUING PALACIOS, as
General Manager, who shall be in charge of the management of the affairs of the
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company. He shall have the power to use the partnership name and in otherwise
performing such acts as are necessary and expedient in the management of the firm
and to carry out its lawful purposes.(Only the General Partner can be the General
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Manager.)

Ninth: That the partners undertake to change the name of the companyas
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herein provided or as amended thereafter, immediately upon receipt of notice from

the Commission that another corporation, partnership or person has acquired a prior
right to the use of such name, that the name has been declared not distinguishable
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from a name already registered or reserved for the use of another corporation, or
that it is contrary to law, public morals, customs or public policy.
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IN WITNESS WHEREOF, we have hereunto signed these Articles of

Partnership, this __________ day of ____________, 20________ in the City/Municipality of
___________________, Province of ______________________, Republic of the Philippines.

Name TIN Signature

JANICE QUING PALACIOS 259-783-002-000

MARINELA GARCILA REGINIO 636-062-821-000

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 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

S.S)

BEFORE ME, a Notary Public, for and in _____________________, Philippines, this

_______ day of ______________, 20___, personally appeared the following persons:

Name TIN/Passport No. Date and Place Issued

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JANICE QUING PALACIOS 259-783-002-000

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MARINELA GARCILA REGINIO 636-062-821-000

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known to me and to me known to be the same persons who executed the foregoing
Articles of Partnership constituting of ____ pages, including this page where the
acknowledgement is written, and they acknowledged to me that the same is their free
act and voluntary deed.
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WITNESS MY HAND AND SEAL on the day first above-written.
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NOTARY PUBLIC
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Doc. No. ___________ ;

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Page. No. ___________;

Book. No. ___________;
Series Of ___________.
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