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    Sample Memorandum of Agreement

    Uploaded by

    Ella Marie Sanico-Abustan
    This Memorandum of Agreement is between two parties to provide compensation for services rendered. The second party will receive 10% of royalty fees collected from a company as well as 10 hectares of land described in a Special Power of Attorney in exchange for fulfilling tasks outlined in the Power of Attorney. Payments will be provided simultaneously when the company pays the first party. The agreement is signed by both parties and witnessed with their identification documents.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Sample Memorandum of Agreement

    Uploaded by

    Ella Marie Sanico-Abustan
    121 views2 pages
    This Memorandum of Agreement is between two parties to provide compensation for services rendered. The second party will receive 10% of royalty fees collected from a company as well as 10 hectares of land described in a Special Power of Attorney in exchange for fulfilling tasks outlined in the Power of Attorney. Payments will be provided simultaneously when the company pays the first party. The agreement is signed by both parties and witnessed with their identification documents.

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    © © All Rights Reserved

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    This Memorandum of Agreement is between two parties to provide compensation for services rendered. The second party will receive 10% of royalty fees collected from a company as well as 10 hectares of land described in a Special Power of Attorney in exchange for fulfilling tasks outlined in the Power of Attorney. Payments will be provided simultaneously when the company pays the first party. The agreement is signed by both parties and witnessed with their identification documents.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    121 views2 pages

    Sample Memorandum of Agreement

    Uploaded by

    Ella Marie Sanico-Abustan
    This Memorandum of Agreement is between two parties to provide compensation for services rendered. The second party will receive 10% of royalty fees collected from a company as well as 10 hectares of land described in a Special Power of Attorney in exchange for fulfilling tasks outlined in the Power of Attorney. Payments will be provided simultaneously when the company pays the first party. The agreement is signed by both parties and witnessed with their identification documents.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    MEMORANDUM OF AGREEMENT

    KNOW ALL MEN BY THESE PRESENTS:

    This Memorandum of Agreement is executed by and between –

    __________ of legal age, Filipino citizen and with present postal address
    and residence at No. 7 P. Oliveros Street, Barangay San Roque, Antipolo City
    herein-after referred to as the FIRST PARTY

    AND

    ____________, of legal age, married, Filipino citizen and with residence at


    Barangay Palingon, Calamba City, Laguna, herein-after referred to as the
    SECOND PARTY

    WITNESSETH

    The parties herein agreed to enter into this Memorandum of Agreement,


    subject to the following terms, stipulations and conditions, to wit:

    1. That for the services rendered by the SECOND PARTY as


    contained in the Special Power of Attorney dated ___________, the FIRST
    PARTY agreed to give a certain percentage share in the royalty fees receivables
    and collectibles from ____________, INC. equivalent to 10% of the total
    collectible amount thereof, in check or monies;

    2. That after the SECOND PARTY accomplish the task as defined in


    the Special Power of Attorney dated __________, the FIRST PARTY agreed to
    give the SECOND PARTY, as and in by way payment or compensation for the
    services rendered, ten (10) hectares or 100,000 square meters of the 695,860
    square meters as stated in the SPA herein-above mentioned;

    3. That the payments of the sum of money or checks herein above


    agreed upon by the parties in the preceding paragraphs shall be given to the
    SECOND PARTY simultaneously upon receipt of payment made by the
    ___________________, INC. to the FIRST PARTY;

    IN WITNESS WHEREOF, the parties have hereunto set their hands this
    ____________________ at Calamba City, province of Laguna.

    ________________________ _____________________

    First Party Second Party


    SENIOR ID: 0809053 TIN: 200-999-128

    SIGNED IN THE PRESENCE OF

    _______________________ ________________________

    ID: ________________
    ACKNOWLEDGMENT

    REPUBLIC OF THE PHILIPPINES )


    PROVINCE OF LAGUNA ) S.S.
    CITY OF CALAMBA )

    BEFORE ME a Notary Public for and in the province of Laguna this


    ____________________ at Calamba City, Laguna personally appeared the
    above-named persons with their Senior Citizen ID and TIN ID Card as herein
    above written, known to me and to me known to be the same persons who
    executed the foregoing instrument and acknowledged before me that the same
    is their free and voluntary act and deed for the purpose therein set forth.

    This instrument, denominated as Memorandum of Agreement consists


    of two (2) pages, including the page on which the Acknowledgment is written,
    and signed by the herein parties and their instrumental witnesses.

    NOTARY PUBLIC

    Doc. No. __________


    Page No. __________
    Book No. __________
    Series of __________

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