CONTRACT OF GUARD SERVICES

KNOW ALL MEN BY THESE PRESENTS:

This Contract, made and executed this _______ day of __________, 2015 at
_____________________________ by and between:
ANCORP. GROUP INTL, INC., a corporation duly organized and existing
under and by virtue of the laws of the Philippines, with principal office located at
No. 13 William St., Barangay Highway Hills, Mandaluyong City duly represented
herein by its Chief Operating Officer, MR. TAY JIUNN JYE and hereinafter
referred to as CLIENT.
-andMAN GREAT SECURITY AGENCY CORPORATION, a corporation duly
organized and existing under and by virtue of the laws of the Philippines, with
business address at Unit H, La Azalea Building, 8262 Dr. A. Santos Avenue,
Paraaque City, duly represented herein by MR. ORLANDO D. QUITALIG,
General Manager and hereinafter referred to as SECURITY COMPANY.
WITHNESSETH That:
WHEAREAS, the CLIENT desire to engage the services of the SECURITY
COMPANY for the purpose of maintaining law and order at its premises located at
No. 13 William St., Barangay Highway Hills, Mandaluyong City protecting and
guarding its property at said place from theft, robbery, arson, destruction or
damage as well as protecting its officers, directors, employees, visitors and guests
from assault, harassment, threat or intimidation as well as enforcing and
implementing its rules, policies and regulation relative to the maintenance of
security and safety thereat.
WHEREAS, the SECURITY COMPANY is a duly licensed and bonded security
guard operating under the provisions of Republic Act No. 5487, as amended;
NOW, THEREFORE, for and in consideration of the foregoing premises and of
the mutual covenants and provisions hereinafter set forth, the parties hereto have
agreed and do hereby mutually agree as follows:
1. Place and Location:
The SECURITY COMPANY shall provide security guard services to the CLIENT at its
properties located at No. 13 William St., Barangay Highway Hills, Mandaluyong
City.
2. Functions and Duties of Guard:
The guards are to maintain peace and order at the aforementioned premises, to
watch, safeguard and protect the property of the CLIENT from theft, robbery,
arson and destruction or damage, to protect the directors, officers, employees,
visitors and guests of the CLIENT from assault, harassment, threat or intimidation
and to enforce and implement rules, policies and regulations of the CLIENT aimed
at maintaining security and safety thereat.

3. Guard Force:
The SECURITY COMPANY shall initially provide the CLIENT with Two (2)
security guards who shall render Twelve (12) working hours per day including
Sundays and Holidays.
4. Qualification of Guards:
Each of the security guards to be assigned by the SECURITY COMPANY of
the CLIENT must be:
a). Of good moral character and reputation, courteous, alert and without
criminal or police record;
b). Physically and mentally fit and not less than 18 nor more than 50 years of
age and at least 54in height;
c). Duly licensed and properly screened and cleared by the Police, N.B.I. and
other government offices issuing clearances for employment;
d). In proper uniform and armed with a rifle/shotgun/ pistol/ revolver, with
sufficient ammunitions at all times during his tour of duty;
e). In possession of such other qualifications required by Republic Act No.
5487, as amended.
5. Mode of Payment:
For and in consideration of the above service and during the effectivity of this
contract, the CLIENT shall pay the SECURITY COMPANY the total sum of TWENTY
FIVE THOUSAND THREE HUNDRED PESOS (Php 25,300.00) only per month
per guard service of twelve hours duty daily including Sundays and holidays. One
half of which consideration shall be paid every 15 th and the other half every end of
each month without need of demand.
It is understood that a portion of the above consideration equivalent to that
amount to which the security guard/s is/are are entitled by way of salary or
compensation shall be earmarked and set aside for such renumeration and shall
be received by the SECURITY COMPANY from the CLIENT in trust only for said
guard/s
The SECURITY COMPANY shall be entitled to an automatic adjustment of the
stipulated contract price in the event that the minimum wage is increased or in the
event that increased fringe benefits in favor of the employees are promulgated by
law, executive order, decree or wage order subsequent to the execution of this
contract. Said adjustment shall be equivalent to the amount of increase in the
minimum wage or the amount of increased fringe benefits promulgated or both as
the case may be.
6.Supervision and Control
The SECURITY COMAPANY shall exercise discipline, supervision, control and
administration over its guards in accordance with law, ordinances and pertinent
governmental rules, as well as the rules and policies laid down by the CLIENT on
the matter.
7.Equipment and Uniform:

The guards that the SECURITY COMPANY shall provide are equipped with
duly licensed firearms, ammunitions, nightsticks, uniforms and other paraphernalia
for security purposes;
8. Liability to Guards and Third Parties:
The SECURITY COMPANY is NOT an agent or employee of the CLIENT and the
guards to be assigned by the SECURITY COMPANY to the CLIENT are in no sense
employees of the latter, as they are all for intents and purposes under contract
with the SECURITY COMPANY. Accordingly, the CLIENT shall not be responsible for
any and all claims for personal injury or death caused to any of the guards or to
any third party, where such injury or death arises out for or in the course of the
performance of guard duties.

The SECURITY COMPANY shall be responsible for the losses or damages to

the property of the CLIENT, except those which can be easily be transported or
disposed of or which cannot be considered as bulky as, but not limited to, pocket
calculators, jewelries and cash, occurring or taking place during the tour of duty of
the guards of the SECURITY COMPANY and made known in writing to the latter
within forty eight (48) hours from the time of occurrence; provided, that such
losses or damages are due or traceable solely to the negligence of the security
guards without any contributory negligence on the part of the CLIENT; and
provided, further, that the SECURITY COMPANY shall be responsible only for the
losses or damages to the reported property of the CLIENT whenever there is a
clear showing that the door, window or other points of entrance/exit were
subjected to force. The CLIENT shall have no authority to automatically deduct its
claim for losses and/or damages from the agreed compensation for guard services
due to the SECURITY COMPANY nor to withhold payment of the same without the
approval of the SECURITY COMPANY.
9. The SECURITY COMPANY shall not be liable for losses and/or damages due to
the following:
(a) Fortuitous events or force majeure beyond the control or competence of the
guards to
prevent; and
(b) orders of the CLIENT beyond the scope of this Contract.
10. Replacement of Any Guard:
The CLIENT at anytime, may replace the guard whose work it finds or
believes to be below standard or whose conduct is unsatisfactory, or is prejudicial
to its interest. The judgement of the CLIENT on such matters shall be final and
binding and should the SECURITY COMPANY refuse the former, may consider the
same a valid cause for the termination of this contract.
11. Terms of Contract:
1. This Contract shall take effect on the 1st day of June 2015 and shall be for a
period of one (1) year from said date. Thereafter, it shall be deemed
renewed for the same period unless either party notifies the other in writing
not later than thirty (30) days before the expiry date of its intent not to
renew;

2. All judicial and extra-judicial expenses which will be incurred by the

SECURITY COMPANY in connection with the performance by its guards of
their duties and functions particularly those in accordance with the policies
and/or orders of the CLIENT shall be for the account of the latter;
3. Either party may terminate this Contract for legal cause at any time by
written notice given to the other party not later than thirty (30) days prior to
the intended date of termination.
In case of litigation arising from in connection with this Contract venue of action
shall be in the proper Regional or Metropolitan Trial Court of Paraaque City and
the amount equivalent to 25% of the amount claimed shall due demandable as
attorneys fees.

IN WITNESS WHEREOF, the parties have hereunto set their hands at the place and
on the date first stated above.
ANCORP. GROUP INTL, INC.
AGENCY CORP.
Client

MAN GREAT SECURITY

Security Company

By:
By:
___________________________
TAY JIUNN JYE
Chief Operating Officer

___________________________
ORLANDO D. QUITALIG
General Manager
Signed in the presence of:

__________________________
_______________________________
JOSEPHINE G. SUAFFIELD
Comptroller
Republic of the Philippines
Municipality of __________

)
) S.S

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public, for and in the City of Paraaque personally
appeared Orlando DC. Quitalig with SSS No. 03-40726662 representing Man
Great Security Agency Corporation and Mr. Tay Jiunn Jye with Passport
No._________________ issued on ___________________ at _____________________,
representing Ancorp. Group Intl, Inc.
And to me known and to be the same persons who executed the foregoing
Contract of Guard Service and consist of four (4) pages including this page on
which acknowledgement is written with their free act and deed of the companies
they represent.
WITNESS MY HAND AND SEAL on the date and the place first stated above.

Notary Public

Doc No._________;
Page No. ________;
Book No. _______;
Series of 2015.