MEMORANDUM OF AGREEMENT

This Memorandum of Agreement is made on _______ by and

between:

(NAME OF PARTNER) with an office address at (INSERT ADDRESS)

and

The (PARTNERSHIP NAME), a duly registered company/corporation

created and existing under the laws of the (NATIONALITY OF
CORPORATION), with office (INSERT ADDRESS), herein represented by
(insert name of representative and designation, hereinafter referred
to as the “COMPANY”.

The parties hereby bind themselves to undertake a Memorandum of

Agreement under the following terms and conditions:

WHEREAS, the (INSERT NAME OF CLIENT) is engaged in a restaurant

business and a partner of (INSERT NAME OF RESTAURANT) located at
(INSERT ADDRESS OF RESTAURANT)

WHEREAS, the PARTNERSHIP together with (NAME OF CLIENT) agreed

to open a restaurant business (NAME OF RESTAURANT, herein referred
to as the “Project”. Both parties hereby agreed to enter into this
Agreement for the purpose of (SPECIFY THE PURPOSE)

RESPONSIBILITIES

(INSERT PARTIES RESPONSIBLITIES IN THE PARTNERSHIP)

TERMS AND CONDITIONS

(INSERT NAME OF INVESTOR) has acknowledged to invest for the

“Project”. Such investment shall be governed by the following terms
and conditions:
1. (INSERT NAME OF INVESTOR)’s total number of investment shall
be (VALUE OF INVESTMENT). Payment shall be in a form of
(HOW PAYMENT SHALL BE MADE)
2. Investment shall be for a period of (SPECIFY PERIOD) and shall
begin (INSERT DATE). Said investment is renewable and
retractable under certain conditions.
3. (INSERT NAME OF INVESTOR) shall be entitled to a (SPECIFY IF
ANNUAL OR MONTHLY) payment starting on (INSERT DATE) and
upon the operation of the “Project”.
4. (INSERT NAME OF INVESTOR) shall be entitled to thirty percent
(30%) of the profits and shall be granted the right to participate
in the profit sharing.
5. The releasing of dividend payment shall be within (INSERT DATE)
days after the end of the month, (SPECIFY NAME OF INVESTOR)
reserves the full right to determine and assess the account
details/documents of the said “Project”.
6. In the case of unforeseen events prior to the end of investment
period, (INSERT NAME OF INVESTOR) shall have the full right over
the (SPECIFY INFO).
7. Any obligations or restrictions contained in this Agreement shall
be valid and shall be necessary for both parties. Furthermore,
confidential details relating to (INSERT NAME OF RESTAURANT
COPORATION) and (INSERT NAME OF INVESTOR) should not be
disclosed in any means. None of the parties shall obtain any
rights to bind the other party in any way. Both the parties shall
not disclose to any third party or individual any of the (SPECIFY
INFOs)
8. The obligation of (INSERT NAME OF INVESTOR) has been clearly
outlined and stated under this Agreement. Nonetheless, during
the operation of this Agreement, certain circumstances may
arise that may possibly call for modification of this Agreement.
 The restrictions shall continue to take effect after the
termination or expiration of this Agreement.
9. This Agreement shall take effective immediately upon the
signing hereof and shall continue to be effective until the
accomplishment of the purpose stated herein, provided
however that any of the terms and conditions in this
Agreement may be amended through a written agreement
mutually consented and agreed upon by both parties;
Provided further that, the (RESTAURANT COMPANY) and the
(NAME OF INVESTOR) reserve their right to withdraw their
participation in this Agreement upon a written notice to the
other, and upon mutual terms and conditions agreed upon by
both parties herein.

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF _____________________ ) S.S.

BEFORE ME, a Notary Public for and in

___________________________, Philippines, this day of
___________________, personally appeared the following:

Name I.D. No. Date and Place of Issue

_______________ _______________ ___________________

________________ ______________ ___________________

known to me and to me known to be the same persons who

executed the foregoing instrument and who acknowledged to me
that the same is their free and voluntary act and deed, and of the
entities they respectively represent.

This instrument refers to a Memorandum of Agreement of consisting

of three (4) pages including this page where this Acknowledgment is
written, and has been signed by the parties and their witnesses on
pages thereof.
 WITNESS MY HAND AND SEAL, on the date and at a place first
above written.

Notary Public

Doc. No.: ___;

Page No.: ___;
Book No.: ___;
Series of 2019