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ARTICLES OF PARTNERSHIP OF
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ARTICLE I.
ARTICLE II.
That the principal office of the partnership shall be at Hangga St., Sta.
Rita, Guiguinto, Bulacan.
ARTICLE III
- - Filipinos
- - Filipina
ARTICLE IV
That the term for which said partnership is to exist is fifty (50) years
from the constitution of herein partnership.
ARTICLE V
That the purposes for which said partnership is formed are as follows:
1. To purchase ---- and the land wherein the same is situated, located in
Guiguinto, Bulacan (hereinafter referred to as “Property”).
2. To conduct business related to ------.
3. To conduct marketing and related activities geared toward the
promotion of the business of the partnership.
4. To engage in business necessary and/or incidental to the -----.
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ARTICLE VI.
The capital of this partnership shall be PESOS SIX MILLION and 0/100
(Php6,000,000.00), contributed in cash by the partners as follows:
PARTNER CONTRIBUTION
---- PHP3,000,000.00
---- PHP3,000,000.00
TOTAL PHP6,000,000.00
ARTICLE VII
That the net profits and losses shall be divided 70-30, in favor ---------.
In exchange thereto ------------, or whomever she assigns may stay at the
residential portion of the property, approximately half of the total property,
free from charge with regard to rental.
ARTICLE VIII
ARTICLE IX
ARTICLE X
In the event a partner withdraws or retires from the partnership for any
reason, including death, the remaining partner may continue to operate the
partnership using the same name. The withdrawing partner shall be
obligated to give sixty (60) days prior written notice of (his/her) intention
to withdraw or retire and shall be obligated to sell (his/her) interest in the
partnership
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ARTICLE XI
ARTICLE XII
_________________________________ __________________________________
--------------- -------------------
_________________________________
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SIGNED IN THE PRESENCE OF
_________________________________ __________________________________
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ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the City of Manila, Philippines,
this ____ day of ___________, 2016, affiants personally came and appeared the
following:
WITNESS MY HAND AND SEAL on the date and place first above
written.