September 6,2019

Proponent

Dear Sir:

I am hereby submitting my proposal for possible Joint Venture with our company
Novoland. We are attaching two options you could choose from in developing your
property located in _____________________. In Any of the options, our company is
proposing to manage the entire development covering the following areas:

1. Business Planning and Development

2. Sales and Marketing.

3. Securing necessary license and permits for the project.

4. Creation and organization of the Developer’s organization..

5. Set-up of the Admin and finance Organization and processes.

Should the terms and conditions in my proposal merit your approval, kindly signify your
conformity by affixing your signature on the space provided below. Thank you very
much.

Sincerely yours,

Conforme:

Proponent
Date:

To achieve the proponent’s objectives of developing the property, NovoLand undertakes

the following tasks:
● To assist the proponent on securing necessary license and permits
-ECC
-EGgAR
-Barangay Resolution
-Mayor’s Resolution
-Development Permit
-License to sell
-Socialized Housing Credits

● Creation and organization of the Developer’s organization..

-
Project Team
0 Project Officer
0 Project Assistant
0 Marketing Assistant
Technical Team
1 Project Engineer
0 Site Engineers
0 Site Administrator
Finance Team
0 Finance Officer
0 Accounting Officer
1 Accounting Associates
Sales & Marketing
0 Sales Head
Sales Admin
0 Sales Admin Head
1 Sales Admin Assistants
0 Site Sales Admin
Support Staff
0 Secretary
0 Messenger
0 Driver
Support Staff
0 Bookeeper
0 Foreman
1 Utility
0 House Utility

● Set-up of the Admin and finance Organization and processes.

-Formulation and implementation of admin and finance policies
-Sales and Admin process
- For commission releases
- For booking of sales
- For Turn-over of units
- For takeouts /bank financing/In-house and Pag-ibig
● Outsourcing services for Architectural and Engineering

● Architectural &
● Engineering
● ● A&E for succeeding
● ● Interior Design Fee
●

● Business planning and Development

Business Plan
Site Development
Masterplan
Site Development
Engineering
Landscape Masterplan
Features/ Amenities
A&E

Periodic Assessments and Adjustments

For the duration of the entire development, the Novo Land will
periodically meet with the Proponent to assess and evaluate the
effectiveness of the Project Management as well as recommended
adjustments where so required.

I. ENGAGEMENT PERIOD

This Project Management/JV Engagement shall take effect upon signing of the
agreement and shall be operable for (1) year. Renewal shall be subject to
mutual consent by both parties.

II. MANAGEMENT FEE, TERMS AND CONDITIONS

For the above services, the Management Fees shall be as follows:

A. Two Hundred Fifty Thousand Pesos (P 250,000.00), VAT and withholding

taxes excluded, shall be paid to _____________________upon signing of the
agreement/contract.

B. _____________________will be paid every 30th of the month of Two Hundred

Fifty Thousand Pesos (P250,000.00) for one year.

C. THE MANAGEMENT FEE is treated as advances from the Company’s shares.