DAY OLD CHICKS SUPPLY AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Agreement was made and entered into by and between:

________________________________., a business organization operating under the laws of the

Philippines with principal office address at ________________________ and represented by
___________________________, in her capacity as General Manager herein referred to as the
SELLER,

___________________,single/married, of legal age, with residence at

______________________________________ herein referred to as the BUYER,

Upon signing this contract on purchase and sale of day old chicks, have agreed to adhere to the
following terms and conditions:

1. Subject of the Contract

The SELLER shall sell and the BUYER shall purchase ________________________ (80,000)
Class A, standard weight of not less than 40 grams per chick, day old chicks per month in
accordance with the following schedule:

Week 1 20,000 heads

Week 2 20,000 heads
Week 3 20,000 heads
Week 4 20,000 heads

2. Price
The price per day old chick is one peso (P 1.00) lower than the prevailing market price.

3. Term of Payment
The term of payment is on cash basis only or by on-line deposit to the account of the SELLER
in following banks: ________________________________ to be made at least one (1)
banking day before the date of delivery.
The BUYER agrees to post a cash bond equivalent to ten pesos (P 10.00) per head of the
contracted volume of day old chick equivalent to ____________________________ (P
_____________) upon signing of this Agreement. The cash bond shall bear an interest of three
percent (3%) per annum.
In the case when the Agreement is not renewed after the completion of the duration of
Agreement, the cash bond shall be made available to the BUYER within three (3) working
days after the date of the termination of this Agreement to which the total amount of interest
due shall be added to the original amount. The simple interest method of computation shall be
used in the computation of interest due to the cash bond.

4. Liability
The BUYER recognizes and acknowledges that the performance of the day old chicks is
beyond the control of the SELLER and that any representation made as to the potential
performance of the product may not necessarily be indicative of the results which will be
achieved by the BUYER.
The SELLER grants no warranties regarding the fitness for purpose, performance, use, nature
or quality of the product. The SELLER may provide management and technical
recommendations regarding the product from time to time, however, the SELLER shall not be
responsible for the BUYER’S reliance upon such recommendation and such recommendations
are not a guarantee of the performance of the product.

5. Force Majeure
Neither party shall be deemed to be in breach of this Agreement, or otherwise be liable to the
other for failure to perform or delay in performing any of its obligations pursuant to this
Agreement if and in so far as such failure or delay is because of any act of God, war, hostilities,
riot or other armed conflict, explosion or any other cause or event beyond the control of the
parties involved.
6. Other Provisions
In the event of the BUYER’s failure to meet provision no. 1 of this Agreement, the SELLER
shall have the right to forfeit the cash bond.
The Agreement shall be deemed terminated afterwards.

This Agreement shall take effect for one (1) year beginning the date this Agreement was signed by
both parties.

IN WITNESS WHEREOF, the above have hereunder affixed their signatures, this ______day
of _____________, ____________ at ____________________.

_____________________________ ________________________________
SELLER BUYER

SIGNED IN THE PRESENCE OF:

________________________________ __________________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES) S.S.

PROVINCE OF ________________)
MUNICIPALITY OF ___________ )

BEFORE ME, a notary public, this ______ day of __________, __________came and
appeared ___________________ with CTC No. ____________ issued on _________________ at
____________________ in his capacity as _____________________ of
___________________________ and ____________________ with CTC No. ___________ issued
on ___________ at ______________, known to me and to me known to be the same persons who
executed the foregoing instrument and acknowledged before me that the same is their own free and
voluntary act and that of the establishment they represent.

IN WITNESS WHEREOF, I hereunto set my hand and seal on the date and place first
above written.

NOTARY PUBLIC

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