LEASE AGREEMENT

This Agreement is entered into by and between _________________, and the

lessee named hereunder, who agree as follows:

A. LESSOR

_______________________, a corporation duly organized and existing under

Philippine laws, with office address at ____________________, represented
herein by _____________________, whose authority is evidenced by the
Secretary’s Certificate dated ____________ (Annex 2 hereof) and hereinafter
referred to as the “VENDEE”;

B. LESSEE

C. PROPERTY TO BE LEASED

Lessor is the owner of a __ (__) storey property - __________ Building, located at

____________________, and with ownership thereof evidenced by Transfer
Certificate of Title (TCT) No. ______________ issued by the Registry of Deeds of
____________ City.

D. CONTRACT PERIOD

This Agreement shall be effective for a period of five (5) years commencing on
______________ and ending on ________________.

E. CONTRACT PRICE

The lessee shall pay the lessor, a monthly rental of FIFTY THOUSAND PESOS
(Php______________) per floor, which shall be payable monthly not later than
the _______ of every month.

F. PENALTY PER DAY OF DELAY

One Percent (1%) of the unpaid rental per month of delay.

G. ANNEXES

This Lease Agreement and the annexes attached hereto constitute the entire
agreement of the parties and shall govern their relationship.

The annexes are as follows:

Annex “1” Terms and Conditions

Annex “2” Secretary Certificate dated _______________.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
__________________ , at ________________ .

______________________
Lessor

By:

______________________

SIGNED IN THE PRESENCE OF:

____________________________ __________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

MAKATI CITY ) S.S.

Before me, a Notary Public for and in the above jurisdiction this _____day of
2015 personally appeared the following:

Name Tax Identification Number

_____________________ ____________________
_____________________ ____________________
_____________________ ____________________

known to me and to me known to be the same persons who executed the foregoing
instrument which is a Lease Agreement and its annexes consisting of ____ pages
(including the page on which this Acknowledgment appears) and acknowledged to me
that the same is their true and voluntary act and deed.

Witness my hand and seal on the date and place first above given.

Doc. No. _____;

Page No._____;
Book No._____;
Series of 2015.

_________________ - _________________
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 ANNEX 1
TERMS AND CONDITIONS

_________________ - _________________
Lease Agreement
Page 3 of 13
 LEASE AGREEMENT
TERMS AND CONDITIONS

ARTICLE 1 DOCUMENTS FORMING PART OF THE AGREEMENT

1.1 This Agreement shall consist of these Terms and Conditions (Annex 1), the Lease
Agreement to which these Terms and Conditions are attached and the Secretary
Certificate (Annex 2) authorizing the named representative therein of ________________
to enter into this Agreement.

1.2 The LESSEE acknowledges that it has read and understood the Terms and
Conditions (Annex 1) of this Agreement and agrees with and shall faithfully comply with
them.

ARTICLE 2 CONTRACT PRICE, MODE OF PAYMENT, DEFAULT IN

PAYMENT.

2.1 The LESSEE shall pay the LESSOR, as consideration of this lease a monthly
rental of _____________ THOUSAND PESOS (PhP ______________), Philippine
Currency, PER FLOOR, which shall be payable not later than the _______ (___) day of
every month.

2.2 To secure payment of rental fee, the LESSEE shall issue (___) post dated check
with an amount of ___________ for each of the check to cover ___ years of the contract.

2.3 The rental shall be subject to a five percent (5%) escalation rate starting on the
first (1st) year, while the remaining years shall be subject to a rate of ten percent (10%)
escalation based on the prevailing rental.

2.4 The failure of the LESSEE to pay the stipulated rental, on or before the date when
the rent becomes due for the month, will make the LESSEE liable to pay a penalty of 1%
per month; which shall be charged and added to the rental due and payable from the date
of default until the same is fully paid. Moreover, any default in the payment of more than
one (1) month rental would moreover constitute breach of the contract; for which ground
the LESSOR may, at his option, forfeit the deposit and advanced rental and/or terminate
the Lease Agreement and immediately take possession of the premises; without any
necessity of a written demand or any court order or legal process.

2.5 In case of failure to pay the monthly rentals for a period equivalent to more than
one (1) month, the LESSOR shall have the right to disconnect all facilities such as but not
limited to electricity, water, telephone, cable, and internet, without need of any notice to
the LESSEE. The LESSOR, in such a case, shall have the right to prevent the LESSEE
or any of its employees, officers, and/or representatives, from entering the leased
premises and lock out the same until the rentals in arrears and interests have been paid.

2.5 The parties agree that the LESSOR has a lien over the LESSEE’s property in the
lease premises, such as but not limited to furniture, fixtures, appliances, computers or any
other personal property found within the premises; which shall serve as security for the
payment of the rental herein provided and the other obligations of the LESSEE for the full
term of this lease. With this understanding, the LESSEE agrees that, upon default of
payment, it shall not remove the aforementioned personal property without prior consent
from the LESSOR. The LESSEE hereby empowers the LESSOR to take possession of
the aforementioned property under the LESSOR’s lien to serve as security for full payment
of the monthly arrears.

_________________ - _________________
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2.6 Upon failure of the LESSEE to comply with any of the terms and conditions of this
lease the LESSOR or his/her authorized representative(s) shall have the right, upon five
(5) days written notice to the LESSEE, or upon written notice posted at the leased
premises for the same period, to enter and take possession of the said area, without need
of resorting to any court action, holding, taking custody and impounding such possession
and belongings of the LESSEE found therein after conducting an inventory of the same in
the presence of witnesses, until such time that all the rentals, interest, penalties, unpaid
utility bills, damages or other amounts due to the LESSOR has been fully settled by the
LESSEE.

2.7 All these acts that LESSOR may do without need of any court order, are hereby
agreed to and consented to by the LESSE, as LESSEE hereby explicitly gives the
LESSOR full prior consent and authority to use all necessary and reasonable force to
break open doors and to enter the premises and take actual possession thereof or padlock
the premises. Any such entry and use of reasonable force by the LESSOR or any of his/her
representatives are therefore not to be regarded as trespass or to be sued as such or in
any way be considered unlawful.

2.8 The LESSEE specially warrants that it is the sole and absolute owner of all
property, furniture, fixtures, machine, appurtenances, etc. brought by it into the above
mentioned Leased Premises, and hereby solemnly binds itself not to allow the property of
third party/person to be left therein without previously notifying the LESSOR in writing to
that effect; consequently, unless the LESSOR is so previously notified by the LESSEE, all
properties found in the Leased Premises shall be conclusively presumed to belong to the
LESSEE and subject to the LESSOR’S lien.

ARTICLE 3. TAXES

3.1 The rental fee payments shall be inclusive of all taxes, fees, assessments and
other charges, except value-added tax (VAT). This withholding tax shall be withheld by
the LESSEE at the rate prescribed by law, and shall be for the account of the LESSOR.
The LESSEE shall, however, provide the LESSOR the corresponding Certificate/s of
Creditable Tax Withheld, at intervals mandated by the Bureau of Internal Revenue. The
Documentary Stamp Tax (DST) arising from this contract of lease shall be for the account
of the LESSOR. The VAT, if applicable, shall be for the account of the LESSEE.

3.2 During the Lease Period, the LESSEE shall pay the real estate taxes on the
improvements introduced or to be introduced by it on the Leased Premises, should there
be any.

3.3 The LESSOR reserves the right to revise the rent agreed upon in case of
any change in the real estate taxes levied or assessed during the term of the lease
on the building or land on which it is erected or in the event of a levy of special
assessment on the property.

3.4 The rental set forth in section 2.1 hereof shall likewise be adjusted in case
of an increase by the National or local Government of other taxes and
assessments or the imposition of new taxes affecting the subject of or payments
made under this Contract.

ARTICLE 4 ADVANCED RENTAL / SECURITY DEPOSIT

4.1 Upon signing of this Contract the LESSEE shall pay to the LESSOR a two (2)
months advance rental or a total sum of THOUSAND PESOS (PHP ),
Philippine Currency, less the withholding tax and other necessary fees and charges
provided for in Article 2, hereof.

_________________ - _________________
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4.2 The LESSEE shall also remit to the LESSOR a non-interest bearing security
deposit equivalent to two (2) months rental or a total sum of THOUSAND
PESOS (PHP ), Philippine Currency, which amount shall be applied to the amount
of damages which may result from this lease.

4.3 The security deposit shall not be utilized to pay for unpaid rentals. The LESSOR
is also prohibited from applying the security deposit, during the effectivity of the
Agreement, to pay for the damages that may be sustained by the leased premises.

4.4 The security deposit shall be released to the LESSOR only after the termination of
the Agreement and the LESSEE has certified that the LESSOR has already been cleared
of its account or any obligation arising from this Lease Agreement.

ARTICLE 5. IMPROVEMENTS, ADDITIONS, AND ALTERATIONS

5.1 The LESSEE shall not make any alterations, additions, or improvements in, or
about the premises without the written consent of the LESSOR provided, however, that all
such alterations, additions, or improvements made by either party, on or upon the
LEASED PREMISES, except the movable furniture, fixtures and equipment of the
LESSEE which may be removed without defacing or damaging the LEASED PREMISES,
shall automatically inure to the benefit of the LEASED PREMISES and shall become the
property of the LESSOR and shall remain upon and be surrendered with the premises as
part thereof at the end of the lease without any obligation on part of the LESSOR to pay
or refund its value or cost to the LESSEE.

5.2 All trade and professional fixtures and equipment introduced by the LESSEE
during the Leased Period shall exclusively belong to the LESSEE. The LESSEE shall have
the right to remove all of its trade or professional fixtures, equipment, and device
introduced within the Leased Premises upon the expiration or termination of this Contract,
provided, that the LESSEE shall, at its own expense, repair any damage which may result
from the removal of said fixtures, equipment, or devise; provided finally, that concrete
structures permanently attached to the Leased Premises and which could not be removed
without destroying them shall become property of the LESSOR at the end of the term or
upon its termination.

5.3 Within 60 days prior to the expiration or termination of this Contract, the LESSOR
shall inspect the Leased Premises to assess if any damage was caused by trade or
professional fixtures, equipment and improvements allowed by the LESSOR to be
introduced by the LESSEE. In the event that the LESSEE fails to repair the damage
caused by said fixtures, equipment and/or improvements at least 10 days prior to the
expiration or termination of this Contract, the security deposit provided for in Article 3.2
hereof shall primarily answer for the damage.

ARTICLE 6. USE, CARE, AND REPAIR OF THE LEASED PREMISES

6.1 The LESSEE shall use the Leased Premises solely for (please indicate the
purpose) purposes and not for any other use. As such, the LESSEE shall not devote the
Leased Premises to any purpose other than the foregoing without the prior written consent
of the LESSOR.

6.2 The LESSEE shall exercise the diligence of a good father of the family in the use
of the Leased Premises.

6.3 The LESSEE has inspected the premises leased and found the same to be good
and in habitable condition. The LESSEE shall at its expense, maintain the leased premises
clean and in sanitary condition, free from obnoxious odors, and disturbing noises.

_________________ - _________________
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6.4 Upon the expiration or termination of this Contract, the LESSEE agrees to return
the physical possession of the Leased Premises in the condition in which it was delivered
to the LESSEE at the commencement of this Contract, reasonable wear and tear
excepted.

6.5 Except for improvements allowed by the LESSOR, the LESSEE shall not cause
damage on any part of the leased premises of the building.

6.6 Any injury or damage caused or done by the LESSEE shall be repaired by him or
by the LESSOR at the expense of the LESSEE recoverable on demand. The LESSOR
shall be responsible for all major repairs on the premises and on the electrical installation
caused by ordinary wear and tear, except repairs due to the fault or negligence of the
LESSEE, its employees, guests or visitors. The LESSEE shall be responsible for all minor
repairs. Repairs costing FIVE THOUSAND PESOS ONLY (PHP5,000.00) and below
shall be considered minor and shall be for the account of the LESSEE. The LESSEE shall
allow the LESSOR to make repairs for the maintenance of the leased premises.

ARTICLE 7. PAYMENT FOR PUBLIC UTILITY SERVICES

7.1 The electricity, water, and other utility charges arising from the use by the LESSEE
of the said utility during the Lease Period shall be for the exclusive account of the
LESSEE. For this purpose, the LESSEE may, at its option, install or cause to be installed
a separate meter to measure and register its electric and water consumption. The utility
charges shall be paid as they become due based on the kilowatt hours (kwh) used with
respect to electricity, and the cubic meters (cu.m.) consumed with respect to water.

7.2 All expenses in connection with the installation, use, and maintenance of
electricity, telephone, cable, internet, and any other utilities shall be for the LESSEE’s
exclusive account.

7.3 Failure of the LESSEE to pay more than one (1) month billing on any of its utilities
shall constitute a breach of contract. The LESSOR shall have the option to pre-terminate
this Lease Agreement without prior demand and repossess the property, without
prejudice to secure other remedies herein provided, such as but not limited to, the
application of the advance rentals to pay for the unpaid utility bills, to prevent its
accumulation, and forfeiture of deposit.

ARTICLE 8. EXTRA ELECTRICAL FIXTURES

8.1 The installation of additional electric, telephone, teletype connection in the leased
premises shall be for the account and expense of the LESSEE who is hereby authorized
to make or cause to be made, in such a way that no injury or damage shall be caused to
the leased premises. In case additional electrical appliances, such as air-conditioning
units, fans, etc. shall be caused by the LESSEE which will necessitate the installation/
construction of extra outlets, the LESSEE shall cause the installation thereof subject to
existing government rules and regulations on the matter.

ARTICLE 9. THIRD PARTY LIABILITY

9.1 In the event of damage to or injury to the LESSOR or its properties arising from or
in connection with the LESSEE’s use of the premises, or the wrongful or negligent conduct
of the LESSEE’s employees, the LESSEE shall immediately correct the defect and
indemnify the LESSOR for any damage that it may sustain without any delay.

9.2 In case of delay, the LESSEE shall be liable to the LESSOR for damages with
interest thereon at the rate of 2% per month. If the damage or injury is sustained by a third

_________________ - _________________
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party, the LESSEE shall indemnify the party concerned and shall hold the LESSOR free
and harmless from any claim or liability sustained thereby.

9.3 The LESSEE during the occupancy of the leased premises shall also hold the
LESSOR free and harmless from any damage, liability, or responsibility to any person or
property arising out or as a consequence of the use of the leased premises by the
LESSEE, his agents, employees, guests, when such damages or liabilities are caused by
fortuitous events as defined under Article 9 hereof and which are beyond the control of
the LESSOR.

ARTICLE 10. FORCE MAJEURE

10.1 In case of damage to the Leased Premises or its appurtenances by

storm/typhoon, fire, earthquake, war or any other unforeseen cause, the LESSEE
shall give notice thereof to the LESSOR within five (5) days from knowledge of
the damage.

10.2 In the event that the LESSEE could not use the Leased Premises due to force
majeure, this Contract may be terminated anytime by either party and the unused portion
of the advance rentals already paid together within the deposit payment shall be refunded
by the LESSOR to the LESSEE, provided that the LESSEE shall have given the LESSOR
a reasonable period of thirty (30) days within which to refund the same.

10.3 For the purpose of this provision, force majeure shall include but not be limited to
fire, earthquake, floods, typhoons, war actions, orders or rulings by the government,
whether national or local, or any of its agencies or instrumentalities which may adversely
affect the performance of the obligations or exercise of the rights of the parties, and which
could not be attributed to the fault, negligence or participation of the LESSEE or its agents
and employees.

ARTICLE 11. RULES AND REGULATIONS AND INSPECTION OF LEASED

PREMISES

11.1 The LESSOR or its duly authorized representatives shall have the right to inspect
the Leased Premises upon at least one (1) day prior written notice to the LESSEE and at
such time convenient to the LESSEE.

11.2. The LESSEE shall comply with any and all reasonable rules and safety
regulations which may be promulgated or issued from time to time by the
LESSOR, and with all applicable rules and regulations, ordinances and laws made
by the Health or national or local government arising from or regarding the use,
occupancy and sanitation of the Leased Premises, the Building and/or the Land.

11.3 The LESSEE shall secure permits and licenses at its expense as may be
required by the national and/or city/municipal authorities in connection with its
business.

ARTICLE 12. REPRESENTATIONS AND WARRANTIES

12.1 Each of the parties hereto represents and warrants that it has full power and
authority to enter into and perform its obligations under this Contract. All necessary
actions, consents, and approvals for the execution of this Contract have been taken and/
or obtained. This Contract constitutes the legal, valid, and binding obligations of each of
the parties enforceable in accordance with its terms.

_________________ - _________________
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ARTICLE 13. ABANDONMENT OF LEASED PREMISES

13.1 In case this lease be terminated and the premises be abandoned or vacated
by the LESSEE before the expiration of this lease, the LESSEE shall be liable for
all the rentals that may be due up to the date of expiration of this lease as well as
rentals that may have already accrued at the time of such vacancy or
abandonment. Furthermore, the LESSOR shall then have the right to enter the
Leased Premises as the agent of the LESSEE either by force or otherwise, remove
whatever furniture and/or other properties that may be found therein without being
liable to any prosecution therefore or responsible for any loss or damage to such
furniture or property and to take possession of the Leased Premises and re -let
the same. Furthermore, the LESSEE shall not be entitled to any refund for any
money deposited. For this purpose, the LESSEE hereby appoints the LESSOR
as his attorney-in-fact with full power and authority to enter into, take possession
and remove whatever property that may be found therein, and thereafter padlock,
secure and/or take possession of the leased premises. The LESSOR, as attorney-
in-fact, shall also have the power to hold said property as security or to sell the
same and apply the proceeds to the unpaid liabilities without prejudice to the right
of the LESSOR to seek full payment, should the proceeds of the sale prove
likewise insufficient.

ARTICLE 14. TERM, RENEWAL, AND TERMINATION

14.1 Without prejudice to the provisions hereunder enumerated, this Contract shall be
effective for the period stated in Clause D (Contract Period) of the Lease Agreement.

14.2 The contract period may be renewed provided that a written notice is served by
the LESSEE to the LESSOR within a period of sixty (60) days before the end of the
contract term, and under such terms and conditions as may be agreed upon by both
parties.

14.3 Either party may terminate this Contract upon thirty (30) days prior written notice,
should the other party commit any breach of the terms and conditions of this Contract and
fails to remedy the same within thirty (30) days from receipt of written demand by the
aggrieved party to remedy such breach. This is without prejudice to the right of the
LESSOR to pre-terminate the Lease Agreement, even without prior notice, if in case the
breach arose out of the failure of the LESSEE to pay more than a month of his monthly
rent or any of its utility bills as provided for under Articles 2.5 and 7.3 of this Agreement.

14.4 In the event of termination due to breach of contract, by any of the parties pursuant
to Article 12.3 hereof, the guilty party shall pay the aggrieved party within thirty (30) days
from the date of termination, the amount equivalent to three (3) months rental, by way of
damages, at the rate prevailing at the time of the termination of this Contract. Should the
LESSEE be the guilty party in breaching the provisions of the Agreement that causes the
pre-termination of the Agreement, the LESSEE, in addition to the liquidated damages,
shall forfeit the unused advance rental and deposit in favor of the LESSOR.

14.5 Should any of the parties be constrained to pre-terminate this Contract due to any
reason whatsoever, where no provision of this Agreement has been breached, the pre-
terminating party shall give a written notice to the other at least thirty (30) days before the
effective date of pre-termination. Should the LESSEE cause the pre-termination, it shall
pay the LESSOR a penalty fee in an amount equal to three (3) months rental at the rate
prevailing at the time of pre-termination, and forfeiture of the unused portion of any
advance rental it has already paid to the LESSOR.

ARTICLE 15. SUBLEASE, ASSIGNMENT, TRANSFER OF RIGHTS

_________________ - _________________
Lease Agreement
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15.1 The LESSEE shall not sublease the Leased Premises or any part thereof, without
the prior written consent of the LESSOR.

15.2 The LESSEE shall not assign or transfer his rights in the contract nor sublease or
sublet all or any part of the leased premises without the consent in writing and approval of
the LESSOR, no right title or interest thereto or herein shall be conferred upon or vested
in anyone other than the LESSEE without such written consent.

ARTICLE 16. CONSEQUENCES OF DEFAULT OR BREACH

16.1 Upon the occurrence of any of the events of default as set forth in section
25 hereof, the LESSOR shall, in addition to any other remedies as may be
prescribed by law, have the following rights:

a. To terminate this Lease Contract without need of any prior notice, demand
or judicial declaration;

b. To demand and receive from the LESSEE payment for any and all unpaid
rentals, fixed fees and other financial obligations stipulated in or arising
out of this Contract;

c. To forfeit the deposit made by the LESSEE; and

d. To enter the Leased Premises and take possession of, and sell at public or
private sale, any and all properties of the LESSEE found in the premises
and to apply the proceeds thereof in payment of any unpaid account of the
LESSEE. For this purpose, the LESSEE hereby appoints the LESSOR as
his attorney-in-fact with full power and authority to enter into, take
possession and remove whatever property that may be f ound therein, and
thereafter padlock, secure and/or take possession of the leased premises.
The LESSOR, as attorney-in-fact, shall also have the power to hold said
property as security or to sell the same and apply the proceeds to the
unpaid liabilities without prejudice to the right of the LESSOR to seek full
payment, should the proceeds of the sale prove likewise insufficient.

e. To use reasonable force and means to regain possession of the property

including but not limited to the disconnection of electri cal power, water and
other utilities.

16.2 The parties hereby expressly agree that if LESSEE fails to move into or
take possession of the Leased Premises within thirty (30) days after the
commencement of the term of this Contract, LESSOR shall have the right to enter
and repossess the Leased Premises without necessity of instituting any court or
judicial action.

ARTICLE 14 NON-WAIVER; REMEDIES CUMULATIVE

14.1 No failure or delay on the part of any of the parties in exercising any right or remedy
hereunder and no course of dealing between them shall be deemed a relinquishment or
waiver of any right, or remedy that said party may have, nor shall it be construed as a
waiver of remedies against any subsequent breach or default of terms, conditions and
covenants herein contained, but the same shall be deemed to have been made only if
expressed in writing and signed by the party concerned. The rights and remedies herein
expressly provided are cumulative and not exclusive of any rights or remedies which any
of the parties would otherwise have.

_________________ - _________________
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ARTICLE 15 SEVERABILITY

15.1 If any of the provisions of this Contract shall be found invalid or unenforceable,
such invalidity or unenforceability shall not entirely invalidate or render this Contract
unenforceable, but rather this Agreement shall be construed as if not containing the
particular invalid or unenforceable provision or provisions, and the rights and obligations
of the parties shall be construed and enforced accordingly; PROVIDED THAT, in the event
either party would not have entered into this Contract without such provision, that party
shall have the right to terminate this Contract upon written notice to the other party.

ARTICLE 16 DISPUTE RESOLUTION AND LITIGATION CLAUSE

16.1 If any dispute, controversy or claim shall arise between the parties in connection
with, or arising out of, this Contract, both parties shall for a period of thirty (30) days after
receipt by one party from the other of notice of Dispute, to settle such Dispute by mutual
discussion between the parties.

16.2 In the event that a dispute has not been resolved by means of mutual discussion
within thirty (30) days of initiating said procedure, either party may bring the matter to the
proper court as provided in Article 19 hereof for resolution.

ARTICLE 17 ATTORNEY’S FEES AND COSTS

17.1 If any legal action or other proceeding is brought for the enforcement of this
Contract, or because of any alleged dispute, breach, default, or misinterpretation in
connection with any of the provisions of this Contract, the successful or prevailing party
shall be entitled to recover reasonable attorney’s fees and other costs incurred in that
action or proceeding, in addition to any other relief to which it or they may be entitled, in
an amount constituting twenty percent (20%) of any recovery. In no event shall the amount
be less than fifty thousand pesos (PhP 50,000.00). If neither party prevails entirely, each
party shall bear the cost of its own fees and expenses.

ARTICLE 18 INTERPRETATION

18.1 The titles to the provisions in this Terms and Conditions are for convenience of
reference only and are not part of this Contract and shall not in any way affect the
interpretation thereof.

18.2 This Contract shall not be construed in favor or against any party, but shall be
construed equally as to both parties.

ARTICLE 19. GOVERNING LAW AND VENUE OF ACTION

19.1 This Contract shall be governed by, interpreted in accordance with the laws of the
Philippines. In case of litigation arising from the provisions of this Contract, the parties
submit to the jurisdiction of the proper courts of the City of Makati, to the exclusion of all
other courts.

ARTICLE 20 ENTIRE AGREEMENT

20.1 This Contract constitutes the entire agreement between the parties and cannot be
changed in any manner except in writing and subscribed by the parties. This Contract shall
be binding upon and inure to the benefit of the parties, their heirs, successors and assigns.

_________________ - _________________
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 ANNEX 2
SECRETARY CERTIFICATE

_________________ - _________________
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 SECRETARY’S CERTIFICATE

I, , of legal age, Filipino, and with address at

the ___________________________________, after having been duly sworn in
accordance with law, hereby depose and say:

1. That I am the Corporate Secretary of _______________________;

2. That on _____________, at a special board meeting of the Board

of Directors of said corporation at _______________________, the
following resolution was unanimously passed and approved, to wit:

“RESOLVED, that the Corporation shall lease its property, a

__-storey building located at ___________________;

“RESOLVED, that the Corporation has appointed

_______________, to act for and in behalf of the corporation, with
respect to the lease of the aforementioned real property;

“RESOLVED FURTHER, that _______________is authorized to

execute, sign, and prepare any deed, contract, or agreement, for
the purpose of facilitating the lease of the said property;

“RESOLVED FINALLY, that this resolution be hereby adopted

and approved this __ day of ___, ________ at City of _________.

3. The foregoing resolution is in accordance with the records of the

Corporation in my possession and the same has not been amended,
superseded or repealed.

IN WITNESS WHEREOF, I have hereunto set my hand this ___ day of

_______________, __________at City of ___________.

___________________
Corporate Secretary

SUBSCRIBED AND SWORN TO BEFORE me this ____ day of _______________

201_ at _____________ City, affiant exhibiting to me her TIN _______________ as
competent proof of her identity.

Doc. No. _____;

Page No. _____;
Book No. _____;
Series of 201_.

_________________ - _________________
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