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DEED OF ABSOLUTE SALE

KNOW ALL ME BY THESES PRESENTS:

This DEED OF ABSOLUTE SALE, made and executed by and between:

____________________, Filipino, of legal age, and with office address at


______________________________________ herein referred to as the “SELLER”

And

________________________, a corporation duly formed and existing under the laws of the Philippines,
with office address at herein represented by _____________________, hereinafter referred to as the
“SELLER”

WITHNESSETH

WHEREAS, the SELLER is the true and absolute owner of the shares of Stocks issued by
______________________________,-a corporation duly organized and existing under the laws of the
Philippines, with Certificate of Stocks No(s). ___________________.

WHEREAS, the SELLER has offered to sell the corporation with shares of stocks together
with all the rights, interest , and actions issued by _________________________- to the BUYER, and
the BUYER has agreed to purchase the same, subject to the terms and conditions hereinafter set
forth.

NOW THREREFORE, in complete satisfaction of all the shares of stock, and any right
interests, and/or actions, the SELLER hereby sells, transfers, and conveys, irrevocably and
absolutely, unto the BUYER, its heirs, successors, and assigns, with warranty of a valid and legal
title, free and clear from any and all liens, encumbrances, obligations, liabilities, or pecuniary
burdens on the aforementioned shares of stocks, in the total amount of FOUR MILLION FIVE
HUNDRED THOUSAND PESOS (Php4,500,000.00), subject to the following terms and conditions:

1. The SELLER hereby warrants valid and legal title to the shares/Certificates of
Stocks herein sold and conveyed and free and clear from any and all liens,
encumbrances, obligations, liabilities, or pecuniary burdens;

2. The expenses for the payment of any form of tax shall be for the account of the
SELLER. The expenses for the payment of the documentary stamp tax, the expenses
for the preparation of this Deed of Absolute Sale, the expenses and fees for the
registration on favor of the BUYER, if any shall be for the account of the said
SELLER;
3. The SELLER waives, sell, assigns, all his rights, claims, and interests over the
Shares of Stocks and all rights, interests, actions, whether actual or inchoate,
emanating therein in favor of the BUYER.

IN WITHNESS WHEREOF, the parties have hereunto set their hands this ____day of ______
in the City of _________

Seller Buyer

SIGNED IN THE PRESENCE OF

_______________________________ ______________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


)S.S.

BEFORE ME, a Notary Public, for and in the above jurisdiction, this ___th day of
________________ personally appeared the following with their Tax Identification No. and/or
Passports, to wit:

Name I.D. No.

known to me and to me known to be the same persons who executed the foregoing Deed of Absolute
Sale, and acknowledge to me that the same is their free act and deed.

This instrument consisting of three (3) pages, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page thereof by the
parties and their witnesses, and sealed with my notarial seal.

IN WITNESS WHEREOF, I have hereunto affixed my hand and seal in the place and date
first above written

Doc No: ___;


Page No: ___;
Book No: ___;
Series of 2018

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