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DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

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

______________________, Filipino, of legal age, and with office address


at ____________________________________, hereinafter referred to as
the “BUYER”

And

______________________, Filipino, of legal age, and with office address


at ___________________________________, hereinafter referred to as
the “SELLER”

WITNESSETH:

WHEREAS, the SELLER is the true and absolute owner of Shares of Stocks
issued by (name of the corporation), a corporation duly organized and existing under
the laws of the Philippines, with Certificate of Stock No(s). ______________.

WHEREAS, the SELLER has offered to sell his Shares of Stocks, together with
all the rights, interest, and actions issued by (name of the corporation)to the BUYER,
and the BUYER has agreed to purchase the same, subject to the terms and conditions
hereinafter set forth.

NOW THEREFORE, 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 of any and all liens, encumbrances,
obligations, liabilities, or pecuniary burdens on the aforementioned Shares of Stocks, in
the total amount of _____________________________, 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 of 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 in favor of the BUYER, if any shall be for the
account of the said SELLER.

3. The SELLER waives, sells, 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 WITNESS 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)


CITY OF ) S. S.

BEFORE ME, a Notary Public, for and in the above jurisdiction, this ___th day of
______________ 2015 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 acknowledged 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 2015.

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