CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Contract of Lease (the Contract) made and executed
this _____ day of __________________ 2014 by and between
ALBERTO C. CERDA JR., married to CRSTNA .
CERDA! of "e#a" a#es! $i"i%ino Citi&ens and with %osta"
address at 10 'rty (ubdi)ision! *r#y+ Lawan# *ato!
,a"en&ue"a City! herein re%resented by their 'ttorney-in-
fact! MARA !ERONCA C. CERDA by )irtue of a
(%ecia" .ower of 'ttorney! hereto attached as 'nnex '
hereinafter referred to as the LESSOR/
/
-and-
H"FRE#$ENCY TELECOMM$NCATON, NC.! a
cor%oration du"y or#ani&ed and estab"ished under
.hi"i%%ine "aws and with o0ce address at 1o+ 401
2mera"d *ui"din#! 1o+ 24 $+! 3rti#as 4r+ 5oad! 3rti#as
Center! .asi# City! herein re%resented by its A%t&ori'ed
Re(re)e*tati+e! RA$L TTO A. ESTRELLA,
hereinafter referred to as the LESSEE+
W T N E S S E T H :
67252'(! the L2((35 is the abso"ute and re#istered owner of
a Two ( 2 ) hi#h rise residentia"8commercia" bui"din#! identi9ed as
Cerda *ui"din#! "ocated at 10 'rty (ubdi)ision! *r#y+ Lawan# *ato!
,a"en&ue"a City! erected on the "and co)ered by Transfer Certi9cate
of Tit"e 1o+ ,-:;<42 issued by the 5e#istry of =eeds of ,a"en&ue"a
City! and with Tax =ec"aration 1o+ C-02>-0?;;> for the "and co%ies
of which are hereto attached as 'nnexes * and *-1 res%ecti)e"y!
and with Tax =ec"aration 1o+ C-02>-0?;;:!for the *ui"din#! co%y of
which is hereto attached as 'nnex C/
WHEREAS, the L2((35 has a#reed to "ease unto the L2((22!
and the L2((22 hereby a#rees to "ease! a %ortion of the *ui"din#
with a tota" area measurin# (ixteen s@uare meters ( 1; s@+m+)! more
or "ess! for the insta""ation of te"ecommunications e@ui%ment and
re"ated antenna A cab"e faci"ities! and a%%urtenances thereto at
desi#nated "ocations by the L2((22! in or on the *ui"din#! as
described in the Bnsta""ation8Layout ."ans attached hereto as 'nnex

Page 1 of 12
(ite 1ame
(ite B= 0??2(7$_11<;>)
= (the Leased .remises)! subCect to the terms and conditions set
out in this Contract/
67252'(! the L2((35 a#rees to "ease to the L2((22 the
Leased .remises identi9ed and described in the immediate"y
%recedin# %ara#ra%h hereof! and the L2((22 acce%ts the same/

NOW, THEREFORE! in )iew of the fore#oin# %remises the
L2((35 "eases unto the L2((22 the Leased .remises! and the
L2((22 hereby acce%ts the same! under the fo""owin# terms and
conditions
1+ TERM AND RENT. This Lease sha"" be for a %eriod of ten (10)
years u%on commencement of the construction of the
te"ecommunication faci"ities subCect to renewa" as set out in
(ection 11 be"ow+
L2((22 sha"" %ay to the L2((35 a month"y renta" of Twenty
Thousand (.h% 20!000+00) .hi"i%%ine Currency! exc"usi)e of
,a"ue-'dded Tax (,'T) and 6ithho"din# Tax (6T) to be %aid
@uarter"y on or before the tenth (10th) day of the 9rst month
of the re"e)ant @uarter! to commence u%on construction of
te"ecommunications faci"ities and e@ui%ment on the Leased
.remises to which the rent corres%onds as fo""ows
2014 20!000+00
201? 20!000+00
201; 20!000+00
201< 20!:00+00
201> 21!>40+?0
201: 22!>2D+D2
2020 2D!>?0+40
2021 24!:2D+;<
2022 2;!04?+24
202D 2<!21<+2>
2sca"ation rate is 4+?E startin# on the fourth year+
The month"y renta" is inc"usi)e of any and a"" char#es! fees
and assessments re"ati)e to the L2((22Fs use of the Leased
.remises+
The L2((22 sha"" %ay the rent on a GH'5T25LI basis for the
Leased .remises by de%ositin# the same to the L2((35Fs banJ
account as fo""ows
(."ease %ro)ide L2((35Fs banJ detai"s+)

Page 2 of 12

2+ $SE AND APPARAT$S. L2((22 sha"" use and occu%y the
Leased .remises as the site of te"ecommunications faci"ities
and e@ui%ment and may insta""! o%erate! maintain! add to!
re%air! re%"ace and remo)e said faci"ities and the e@ui%ment
inc"udin# the necessary u%#radin# thereof at such "ocations in
the Leased .remises as the L2((22 may determine+ L2((35
re%resents and warrants that the Leased .remises may
"awfu""y be used for such %ur%ose and sha"" a""ow L2((22 or
any of L2((22Fs a0"iates! subsidiaries! %artners! a#ents!
re%resentati)es and8or third %arty contractors to co-"ocate or
to insta""! either tem%orari"y or %ermanent"y! anytime durin#
the entire term of the "ease! and without additiona" renta"
costs (a) additiona" antennas/ (b) cab"es within the Leased
.remises to interconnect the te"ecommunications faci"ities and
e@ui%ment/ (c) %ower8feeder "ine/ (d) dry ce""! #enerator sets
of su0cient ca%acity and8or other a"ternati)e bacJ-u% %ower
source to assure continuous %ower su%%"y to the antenna/ and
(e) other re@uisite te"ecommunications faci"ities and
e@ui%ment! the same bein# essentia" re@uirements of and for
the L2((22Fs business+
L2((35 a#rees that a"" the faci"ities and e@ui%ment
insta""ed8%"aced and8or caused to be insta""ed8%"aced by
L2((22 in the Leased .remises sha"" at a"" times remain the
exc"usi)e %ro%erty of the L2((22 and8or its subsidiaries!
%artners! a#ents or re%resentati)es and the L2((22 sha""
ha)e the ri#ht to remo)e it at any time+
D+ CARE AND MANTENANCE OF THE LEASED PREMSES.
L2((22 sha""! at its own ex%ense and at a"" times! maintain the
Leased .remises in #ood and tenantab"e condition, and sha""
surrender the %ossession of same at the ex%iration or the
termination of this Contract! in the same condition u%on
L2((22Fs occu%ancy! norma" wear and tear exce%ted+ L2((22
sha"" be res%onsib"e for the remo)a" of a"" te"ecommunications
e@ui%ment and accessories it has insta""ed8%"aced in the
Leased .remises and c"earin# thereof u%on ex%iration or
termination of this Contract+
The L2((22 sha""! at its so"e ex%ense! maintain the Leased
.remises c"ean and in sanitary and tenantab"e condition+ The
L2((22 sha"" not brin# into and store in the Leased .remises
anythin# of hi#h"y Kammab"e or ex%"osi)e nature! or any
a%%aratus! machinery! or e@ui%ment which may cause
obnoxious odors! tremors or noise! or which may ex%ose the
Leased .remises and8or the *ui"din# to 9re or increase the 9re
ha&ard and8or insurance rate of the *ui"din#! %ro)ided!
howe)er! that the L2((22 may brin# in a %ortab"e #enerator
set (#enset) or other a"ternati)e bacJ-u% %ower source!
to#ether with the necessary fue" to run the same! at a %"ace to

Page 3 of 12
be a#reed with the L2((35 in cases of %ower fai"ure! which
#enset or other a"ternati)e bacJ-u% %ower source sha"" be
immediate"y remo)ed u%on resum%tion of %ower+ The L2((35
further a""ows the L2((22! as %art of this "ease! to connect
and8or use the *ui"din#Fs #enset or uninterru%ted %ower
source+
4+ ACCESS AND MANTENANCE OF E#$PMENT NSTALLED+
The L2((35 re%resents warrants and co)enants that the L2((22
sha"" ha)e ade@uate and uninterru%ted access to the Leased
.remises as %art of the L2((35Fs ob"i#ation under this Contract+
The L2((35 sha"" a""ow on"y authori&ed em%"oyees8a#ents of the
L2((22 access to and from the Leased .remises twenty-four (24)
hours a day! se)en (<) days a weeJ durin# the entire term of this
Contract! which inc"udes the site where the te"ecommunications
faci"ities and e@ui%ment are insta""ed! to %erform re%air!
maintenance! and8 or insta""ation8u%#radin# worJs+ The L2((22
undertaJes that its em%"oyees8a#ents sha"" abide by the ru"es
and re#u"ations as we"" as the security and safety measures of
the L2((35 whi"e within the Leased .remises of the *ui"din#+
?+ $TLTES. '"" a%%"ications and connections for necessary
uti"ity ser)ices needed by the L2((22 on the Leased .remises
sha"" be made in the name of the L2((22 and8or sub-"essee or
co-"ocators+ L2((22 and8or its authori&ed re%resentati)e sha""
be "iab"e for uti"ity char#es it has incurred for the use of the
Leased .remises as they become due! inc"udin# but not
"imited to e"ectricity and #enset %ower char#es+
The L2((22 sha"" %ay for its actua" consum%tion of e"ectricity
and other %ub"ic ser)ices or uti"ities consumed in the Leased
.remises+ $or this %ur%ose! the L2((22 sha""! at its ex%ense!
insta"" in the desi#nated area by the L2((35 a se%arate meter
for monitorin# its e"ectrica" consum%tion or other uti"ity
char#es+ The L2((35 sha"" a""ow the necessary 9xtures!
e@ui%ment and accessories for the su%%"y of uti"ity ser)ices to
the Leased %remises+
Bf the L2((22 is not ab"e to a%%"y for or %rocess its own uti"ity
ser)ices connection under its name the necessary uti"ity
ser)ices sha"" be obtained from the common e"ectrica" and8or
other a%%"icab"e uti"ity connection insta""ations and8or the use
of a #enset+ Bn such a case! the L2((35 sha"" a%%ortion the
char#es for e"ectricity and other uti"ity ser)ices actua""y
consumed by the L2((22 in the Leased .remises durin# any
#i)en month and bi"" the same to the L2((22 e)ery 9fth (?
th
)
day of the month! which sha"" be %aid by the L2((22 within
se)en (<) ca"endar days from its recei%t and )a"idation of the
statement of account therefor+

Page 4 of 12
7owe)er! the L2((35 sha"" not char#e the L2((22 any fee for
the use of his8her faci"ities necessary for the uti"ity
ser)ices8connections+
;+ ENTRY AND NSPECTON. L2((22 sha"" %ermit the L2((35
or the L2((35Fs du"y authori&ed a#ents and re%resentati)es to
enter the Leased .remises and ins%ect the same at reasonab"e
hours of a business day and u%on %rior written notice! for the
%ur%ose of determinin# L2((22Fs com%"iance of its ob"i#ations
hereunder+
<+ ABATEMENT OR RED$CTON OF RENT+ (hou"d L2((22 or
its authori&ed sub"essee! due to war! ci)i" commotion! 9re!
earth@uaJe! Kood! act of Lod! or any other cause beyond its
contro"! inc"udin# but not "imited to ex%ro%riation by the
Lo)ernment! be %re)ented from the enCoyment of the Leased
.remises for the %ur%ose intended! or be ob"i#ed to #i)e u%
%ossession thereof! the ob"i#ation of the L2((22 to %ay the
month"y renta" sha"" cease durin# the time that the Leased
.remises is not occu%ied by L2((22 or its authori&ed
sub"essee+ (hou"d the occurrence of any of the fore#oin#
e)ents render the Lease .remises untenantab"e so as to
eMecti)e"y %re)ent the L2((22 or its authori&ed sub"essee
from further occu%yin# the same! the L2((22 may terminate
this Contract with immediate eMect without any %ena"ty+
>+ AD!ANCE RENT. L2((22 sha"" de%osit with the L2((35 the
sum e@ui)a"ent to Three ( D ) months rent as ad)ance rent
a%%"icab"e u%on commencement of the Lease to be a%%"ied to
the 9rst few months of the term of the Lease+
:+ !EN$E OF S$T AND ATTORNEY-S FEES. Bn case of suit
arisin# from this Contract! the )enue of the action sha"" be the
%ro%er courts of Ca"oocan City on"y! to the exc"usion of a""
other courts+ Bf any "e#a" action! arbitration! suit or other
%roceedin# is brou#ht by the L2((22 for the enforcement of
this Contract or because of an a""e#ed dis%ute! breach or
defau"t in connection with any of the %ro)isions of this
Contract! the L2((22 sha"" be entit"ed to reco)er an amount
e@ui)a"ent to twenty 9)e %ercent (2?E) of the amount
c"aimed as and for attorneyFs fees and "iti#ation ex%enses
incurred in such action! suit or %roceedin#! in addition to any
other re"ief to which it may be entit"ed+
10+ NOTCES+ 'ny notice which either %arty may! or is
re@uired to #i)e! sha"" be made by mai"! %osta#e
%re%aid! and8or by %ersona" de"i)ery to the fo""owin#
addresses/ or at such other %"aces as may be desi#nated in
writin# from time to time by the %arties+

Page 5 of 12
1otice to the L2((35 sha"" be ser)ed at the address shown
abo)e+

1otice to the L2((22 sha"" be ser)ed on the fo""owin#
NAME:
.ro%erty Nana#er
1o+ 401 2mera"d *ui"din#! 1o+ 24
$+! 3rti#as 4r+ 5oad! 3rti#as Center!
.asi# City!




11+ RENEWAL OF LEASE. The L2((22 sha"" ha)e the
o%tion to renew the term of this Contract for an additiona"
%eriod of ten (10) years and the o%tion sha"" be exercised by
written notice #i)en by the L2((22 to the L2((35 not "ater
than sixty (;0) days %rior to the ex%iration term of the current
"ease+
12+ OPTON TO P$RCHASE. (hou"d the L2((35 %"an to
mort#a#e! se"" or otherwise dis%ose of its ri#hts! tit"e and
interests in and to the Leased .remises! the L2((35 sha"" 9rst
oMer said ri#hts! tit"e and interests to the L2((22 or its
desi#nee at fair marJet )a"ue as determined by a com%etent
third %arty a%%raiser accredited by the (ecurities and
2xchan#e Commission and chosen by both %arties+ Bn the
e)ent the L2((22 or the L2((22Fs desi#nee fai"s to acce%t the
oMer within thirty (D0) days from recei%t of the written oMer
thereof from the L2((35! the L2((35 may then maJe a
simi"ar oMer to bona 9de third %arties at a %rice and under
such terms and conditions not more fa)orab"e than those
oMered to the L2((22 or the L2((22Fs desi#nee+
The L2((35 hereby warrants that it sha"" inc"ude a sti%u"ation
in any deed of sa"e! mort#a#e or any dis%osition in)o")in# said
Leased .remises that the buyer! mort#a#ee or transferee
sha""! at a"" times durin# the eMecti)ity of this Contract!
res%ect a"" the ri#hts of the L2((22 or its authori&ed sub"essee
under this Contract! otherwise such deed of sa"e! mort#a#e! or
dis%osition sha"" be nu"" and )oid ab initio+ Bf for one reason or
another any ri#hts of the L2((22 under this Contract is
)io"ated by the L2((35 or its successor-in-interest! the
L2((35 and its successor-in-interest sha"" be Coint"y and
se)era""y "iab"e for a"" dama#es and8or ex%enses suMered or
incurred by the L2((22! without %reCudice to any other "e#a"
ri#hts and remedies that the L2((22 may ha)e under this
Contract or any a%%"icab"e "aw+
1D+ PRE"TERMNATON OF LEASE. The L2((22 may!
without any %ena"ty! %re-terminate this Contract with
immediate eMect! u%on %rior written notice to the L2((35

Page 6 of 12
OaP (hou"d any Lo)ernment 'uthority! "oca" or nationa"!
refuse to #rant the necessary %ermits or "icenses or
c"earances for the construction and o%eration of the
L2((22Fs and8or its %artnerFs te"ecommunications
faci"ities and e@ui%ment or if the Lo)ernment shou"d! in
any other manner! %re)ent the L2((22 from successfu""y
and %ro9tab"y carryin# on L2((22Fs and8or its %artnerFs
business+
ObP Bn the e)ent of 9re! earth@uaJe! Koods! any natura"
ca"amity ! fortuitous e)ents or any act of Lod! that
wou"d render the condition of the roofto% and 8 or
com%romise the structura" inte#rity of the *ui"din# and
it can no "on#er su%%ort the te"ecommunications
faci"ities and e@ui%ment within the Leased .remises/
OcP Bn the e)ent that the "ine-of-si#ht of the insta""ed
te"ecommunications faci"ities and e@ui%ment on the
Leased .remises is b"ocJed on account of modi9cations
made by the L2((35! then this Lease sha"" be deemed
ipso facto terminated/ or if the "ine-of-si#ht is b"ocJed on
account of the construction and8or com%"etion of
construction of adCoinin# %ro%erties! which were non-
existent at the time this Contract was entered into+
OdP Bf the L2((35 )io"ates any of the terms and conditions
of this Contract as we"" as other ri#hts of the L2((22
#ranted by "aw and the L2((35 fai"s to remedy the
same to the satisfaction of the L2((22 within a %eriod of
ten (10) ca"endar days from notice of defau"t+ The
L2((35 sha"" then immediate"y return a"" unused renta"s
to the L2((22! without %reCudice to the ri#ht of the
L2((22 to c"aim such other dama#es incurred by the
L2((22 and to the exercise of any or a"" ri#hts arisin#
from this Contract or those #ranted by "aw+
OeP $or such other reasons other than those stated abo)e/
the L2((22 sha""! howe)er! #i)e the L2((35 at "east
thirty days (D0) %rior written notice thereof+

$or the a)oidance of doubt! in a"" instances of %re-termination!
the L2((35 sha"" refund to the L2((22 a"" unused renta"s
within thirty (D0) ca"endar days from eMecti)e date of %re-
termination of this Contract+
14+ PROHBTED .FTS. L2((35 sha"" not %ay! oMer or
authori&e %ayment of monies or anythin# of )a"ue to any
%erson89rm actin# on beha"f of the L2((22 for the %ur%ose of
inducin# decisions for this Lease+

Page 7 of 12
1?+ LESSOR-S WARRANTY. *y enterin# into this Contract!
the L2((35 re%resents and warrants that he8she has #ood and
su0cient tit"e and interest o)er the Leased .remises and that
he8she has fu"" authority to enter into and execute this
Contract and %ro)ide the L2((22 and8or its subsidiaries!
%artners! a#ents! re%resentati)es and its authori&ed sub"essee
fu"" and %eacefu" %ossession of the Leased .remises durin# the
entire term of this Contract and any renewa"s or extensions
thereof+ The L2((35 sha"" indemnify the L2((22 from any and
a"" "osses! dama#es or "iabi"ities that the L2((22 may suMer in
the e)ent that this Contract cannot be enforced due to a
defect in the tit"e of the L2((35 or any ad)erse c"aim thereon
or if the L2((35 fai"s to %ro)ide fu"" and %eacefu" %ossession
of the Leased .remises to L2((22 and its authori&ed
sub"essee+
1;+ LESSEE-S WARRANTY. H%on the ex%iration or ear"y
termination of this Contract! a"" %ermanent im%ro)ements!
inc"udin# the e@ui%ment room and any "iJe structure of stron#
materia"s! which cannot be remo)ed without defacin# the
Leased .remises or the im%ro)ements abo)e mentioned sha""
become the %ro%erty of the L2((35 and sha"" not be remo)ed!
exce%t for the te"ecommunication faci"ities! e@ui%ment! and
accessories which sha"" remain the %ro%erty of the L2((22
and8or its subsidiaries! %artners! a#ents! re%resentati)es! and
sha"" be remo)ed by the L2((22 at its ex%ense+ '"" dama#es
or costs incurred in the remo)a" of the te"ecommunication
faci"ities! e@ui%ment! and accessories sha"" be for the account
of the L2((22+ 6ithin thirty (D0) ca"endar days from the
ex%iration or ear"y termination of this '#reement! the L2((35
sha"" return the L2((22Fs unused ad)ance renta"! shou"d there
be any+
1<+ A$THORTY+ The %arties hereto re%resent and warrant
that they ha)e fu"" %ower and authority to enter into and
%erform their ob"i#ations under this Contract+ The %arties
further warrant that a"" necessary actions! consents! and
a%%ro)a"s for the execution of this Contract ha)e been taJen
and8or obtained+ This Contract sha"" constitute the "e#a"! )a"id
and bindin# ob"i#ations of the %arties to be enforceab"e in
accordance with its terms and conditions+

Page 8 of 12
1>+ SE!ERABLTY. The dec"aration by any com%etent
#o)ernment a#ency or court that any %ro)ision of this
Contract is nu""! )oid or unenforceab"e sha"" not aMect the
other %ro)isions of this Contract which are ca%ab"e of
se)erance and which wi"" continue unaMected+ The %arties
a#ree that any %ro)ision so dec"ared nu""! )oid or
unenforceab"e sha"" be re%"aced with )a"id or enforceab"e
%ro)isions as c"ose"y a"i#ned with the ori#ina" intent of the
%arties as %ossib"e+
1:+ S$CCESSORS AND ASS.NS. This Lease sha"" be
bindin# and ha)e fu"" force and eMect not on"y on the %arties
but a"so u%on their res%ecti)e heirs! successors!
administrators and assi#ns+
20+ ASS.NMENT OF R.HTS AND S$BLEASE. L2((35
acJnow"ed#es and a#rees that L2((22 has the ri#ht to
sub"ease the who"e or %art of the Leased .remises! or transfer!
con)ey! assi#n or encumber its ri#hts under this Contract! to
any of its subsidiaries! a0"iates or %artners without need to
secure the %rior written consent of the L2((35! and under
such terms and conditions and for such considerations as
L2((22 may deem necessary or con)enient+
21. NTERFERENCE+ L2((35 sha"" not interfere with! or
Jnowin#"y %ermit others to interfere with! the insta""ation of
any of the te"ecommunication faci"ities and e@ui%ment on the
Leased .remises+ (hou"d the L2((35 become aware of any
interference! the L2((35 sha"" %rom%t"y notify the L2((22+
22+ LEASE TO OTHER TELECOMM$NCATON OPERATORS. Bn
the e)ent that the L2((35 a""ows other te"ecommunication
o%erators to insta"" or "ease any %ortion of the *ui"din# for
their te"ecommunications faci"ities! the L2((35 hereby
warrants/ (a) that in order to safe#uard L2((22Fs concern on
the technica" as%ects of its te"ecommunication faci"ities! the
L2((35 sha"" furnish the L2((22 with the a%%ro)ed %"ans of
the other te"ecommunication o%erators! (b) that the L2((35
sha"" obtain the %rior written consent of the L2((22! and (c)
that the L2((35 sha"" not a""ow other te"ecommunication
o%erators to insta"" their te"ecommunication faci"ities on the
L2((22Fs faci"ities (e+#+ cab"e "adders)+
2D+REAL ESTATE TA/ES AND OTHER TA/ES. '"" rea" estate
taxes and other taxes re"atin# to this Contract sha"" be for the
account of the L2((35 and %rom%t %ayment thereof sha"" be
the res%onsibi"ity of the L2((35+
24+ RE.STRATON. L2((35 sha"" extend its fu""est coo%eration
to enab"e L2((22 to execute! si#n and8or %re%are any and a""
other documents! a#reements and instruments and do a""

Page 9 of 12
other thin#s which may be necessary to enab"e L2((22! at its
o%tion! to eMect the re#istration of this "ease in the 30ce of
the 5e#ister of =eeds for the City of Ca"oocan at L2((22Fs
ex%ense+
2?+ EMNENT DOMAN+ Bf the "eased %remises or any %art
thereof sha"" be taJen by eminent domain! thereby
substantia""y aMectin# LesseeQs ri#ht to use the %remises! the
L2'(2 sha"" terminate on the date when the L2((22 )acates
the %remises or when its te"ecommunication e@ui%ment and
faci"ities become ino%erati)e! whiche)er comes 9rst+

Conse@uent"y! the rent sha"" be a%%ortioned as of the
termination date and any rent a"ready %aid for any %eriod
beyond that date sha"" be refunded to the L2((22+
2;+ENTRE A.REEMENT. The fore#oin# terms and conditions
sha"" constitute the entire a#reement between the %arties and
may be modi9ed on"y in writin# by both %arties+
N WTNESS WHEREOF! the %arties hereby a0x their
si#natures on this Contract of Lease+
MARA CRSTNA . CERDA
ALBERTO C. CERDA JR. H"FRE#$ENCY
TELECOMM$NCATON, NC.!
(LESSOR0 1LESSEE0
*y *y

MARA !ERONCA C. CERDA RA$L TTO A.
ESTRELLA
'ttorney-in-$act 'uthori&ed 5e%resentati)e
S.NED N THE PRESENCE OF:
____________________________
____________________________
(i#nature o)er .rinted 1ame (i#nature o)er .rinted
1ame

Page 10 of 12
A C K N O W L E D . M E N T
1For LESSOR0
REP$BLC OF THE PHLPPNES0
222222222222222222222222222222220 (+(+
B certify that on this ________ day of __________ 2014! before
me! a notary %ub"ic du"y authori&ed in the city named abo)e to taJe
acJnow"ed#ements! %ersona""y a%%eared the fo""owin#
NAME !ALD D DATE3PLACE SS$ED
N'5B' ,2531BC' C+ C25=' HN= C51-00DD->?:1>;4-:
who were identi9ed by me throu#h com%etent e)idence of identity
to be the same %ersons described in the fore#oin# Contract of Lease
and who acJnow"ed#ed before me that their res%ecti)e si#natures
on the fore#oin# Contract of Lease were )o"untari"y a0xed by them
for the %ur%oses stated therein! and who dec"ared to me that they
ha)e executed this Contract of Lease as their free and )o"untary act
and deed and that they ha)e the authority to si#n on beha"f of their
res%ecti)e %rinci%a"s+
This Contract of Lease consistin# of 2"e)en ( 11 ) %a#es
inc"udin# of this 'cJnow"ed#ment has been si#ned on each and
e)ery %a#e by the %arties and their instrumenta" witnesses+
N WTNESS WHEREOF, B hereunto set my hand and a0x my
notaria" sea" on the date and at the %"ace abo)e written+
=oc+ 1o+ ____/
.a#e 1o+____/
*ooJ 1o+____/
(eries of 2014+

Page 11 of 12
A C K N O W L E D . M E N T
1For LESSEE0
REP$BLC OF THE PHLPPNES0
2222222222222222222222222222222 0 (+(+
B certify that on this ________ day of __________ 2014! before
me! a notary %ub"ic du"y authori&ed in the city named abo)e to taJe
acJnow"ed#ements! %ersona""y a%%eared the fo""owin#
NAME !ALD D DATE3PLACE SS$ED
Ra%4 Tito A. E)tre44a ((( no+ DD-1?>>011-;

who were identi9ed by me throu#h com%etent e)idence of identity
to be the same %erson described in the fore#oin# Contract of Lease
and who acJnow"ed#ed before me that her res%ecti)e si#nature on
the fore#oin# Contract of Lease was )o"untari"y a0xed by her for
the %ur%oses stated therein! and who dec"ared to me she has
executed this Contract of Lease as her free and )o"untary act and
deed and that she has the authority to si#n on beha"f of the
Cor%oration+
This Contract of Lease consistin# of 2"e)en ( 11 ) %a#es
inc"udin# of this 'cJnow"ed#ment has been si#ned on each and
e)ery %a#e by the %arties and their instrumenta" witnesses+
N WTNESS WHEREOF, B hereunto set my hand and a0x my
notaria" sea" on the date and at the %"ace abo)e written+
=oc+ 1o+ ____/
.a#e 1o+ ____/
*ooJ 1o+____/
(eries of 2014+

Page 12 of 12