Republic of the Philippines

Region XI – Davao Region

Division of Davao City
UNIVERSITY OF MINDANAO – MATINA CAMPUS
Mc Arthur Highway, Matina Davao City

MINUTES OF THE MEETING

Meeting: PARNERSHIP PROJECT (ACC1 REQUIREMENT)

Date: Friday September, 28, 2018
Time: 10:00-11:00 am
Call to Order: The meeting was called to order at Room 309 BE Building
University of Mindanao – Matina Campus
Chairperson: Cared Hillary Abalo
Secretary: Sheila Mae Benedicto
In Attendance: Crystal Autida
Jenica Diane Anora
Pamela Degamo
CristinE Escolta
Mercy Hontiveros
Lorie Jane Parame
Catherine Rallos
Jerome Viernes
Absent: None
Meeting Agenda: 1.) To discuss the provisions contained in the agreement, articles of
partnership.
2.) To designate tasks and assigned their respective positions.
3.) To deliberate the embodied agreements and create and inclusion
criteria.
I. OPEN ISSUES
1.) How to make the partnership become successful?
2.) What will be the official name of the partnership?
3.) How much is the Capital contribution of each partner?
4.) What are the rights and duties of each partner – boundaries?
5.) What are the methods of sharing profits and loss?
 6.) What are the provisions for arbitration of dissolution?
II. PLANS
Motion: Nature and Name of the Partnership
Vote: Majority Approval
Resolved: The partnership will be a service entity and will established an
ice cream parlor at Matina Town Square Mc Arthur Highway Davao City
under the name of GA Sweetness Overload.
Motion: Dispersed tasks of each partners
Vote: Unanimous approval
Resolved: Each have their own share of tasks and got a list of the
information needed for the partnership
Motion: Discussed the agreements and inclusion criteria for the
partnership (includes the kind of partners)
Vote: Motion approved, three in favor, seven opposed. The idea to have a
nominal and silent partners is not effective. The nominal and silent
partners will become limited partner.
Resolved: The body agreed that the nominal and silent partners will
become limited partner.
III. SPECIAL NOTE/S: Next meeting will be on October 1, 2018; 12:00 o’clock in
the morning at Room 309 BE Building University of Mindanao- Matina Campus
IV. ADJOURNMENT:
Meeting adjourned at 11:00 am in the morning.

Prepared by: Approved by:

Sheila Mae Benedicto Cared Hillary Abalo
Note Taker/ Secretary Chairperson