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BROKERS FEE CONFIRMATION AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This instrument is executed by and between:

______________________, representing AAAA DEVELOPMENT


COPRORATION, of legal age, Filipino, married and a resident of
____________ City, and hereinafter referred to as the FIRST PARTY
(“Seller”).

-and-

BBBB, of legal age, Filipino, married and a resident of Cavite City,


and hereinafter referred to as the SECOND PARTY.

WITNESSETH:

WHEREAS, the SECOND PARTY is the broker/agent representing CCCC of DDDD for the
purchase of the property covered by Transfer Certificates of Title (TCT) Nos. 00000 A. Mabini St.
Manila, for which the SECOND PARTY is entitled to half of the Commission/Fee of THREE (3%)
PERCENT (“Total Commission”) for locating a suitable buyer for the said properties.

WHEREAS, the SECOND PARTY partnered with an organized sales group (“Sub-Agents”)
doing international sales operations, by whom the client was identified.

WHEREAS through the indispensable contribution and efforts of the SECOND PARTY and its
partners, the Properties are now under the consideration by MIND BE BRIDGE ASSOCIATION and is
pending execution of operative documents.

WHEREAS, both the FIRST PARTY and the SECOND PARTY have agreed to distribution of
the proceeds of the Commission which will be settled by the FIRST PARTY or SELLER in
accordance with the Terms and Conditions hereunder set forth.

WHEREFORE, for and in consideration of the foregoing premises and in further consideration
of the terms and conditions hereunder set forth, the Parties do hereby AGREE, and BIND
THEMSELVES, to wit:

1. NET SELLING –The second first party shall offer the property on a Net Selling
Arrangement, wherein the Seller second party shall be entitled to the Net Selling Price of
Php 600,000,000.00, for which, an over price of PhP150,000,000.00 as prescribed by the
Sub-Agents is presented to the client.

2. SHARING – under all circumstances, remuneration amongst the SECOND PARTY, ATS
Grantor and Sub-Agents shall be as follows (the “RESPECTIVE SHARE” for brevity),
1.5% of the Net Selling Price; SECOND PARTY
1.5% of the Net Selling Price; ATS Grantor
PhP150,000,000.00 or any amount over and above Net Selling Price; Sub-Agents
3. DELIVERY – the RESPECTIVE SHARE of the SECOND PARTY and the excess of the
net selling price shall be paid within ten (10) calendar days from receipt of the FIRST
PARTY of the PURCHASE PRICE or any portion thereof, without further need of
demand.

4. TAXES – in case of any applicable tax, the SECOND PARTY shall be responsible ONLY
for the corresponding taxes of the amount for the portion over and above the selling
price of Six hundred Million (PhP600,000,000.00).This shall be deducted from the Net
Selling proceeds.

5. VENUE – In case of any dispute relative to interpretation, implementation or validity of


this instrument, the Parties agree to submit to the exclusive jurisdiction of the Courts of
Manila or Quezon City, to the exclusion of all others.

6. NON-WAIVER – the failure or delay to strictly enforce any right under this agreement
shall not be construed as a waiver thereof. No waiver shall be legally binding unless
expressly reduced into writing.

IN WITNESS WHEREOF, we hereunto affix our signatures this __ day of April 2019, in
__________ City.

________________ ________________
First Party Second Party

WITNESSED BY:

____________________ __________________
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

………………… . . . . . . . . . . . . . ) S.S.

BEFORE ME, a Notary Public for and in the above place and jurisdiction, on this
___________________, personally appeared the following who have satisfactorily proven to
me their identities upon presentment of acceptable identification documents:

NAME GOVERNMENT ID/ID NO. DATE/PLACE ISSUED

________________

Mariflor T. Lilagan

_________________

This Brokers Fee Confirmation Agreement consists of three (3) pages, including this
page on which the Acknowledgement is written, and is signed by the parties hereto, together
with their instrumental witnesses, on each and every page hereof.

WITNESS MY HAND AND SEAL, on the date and at the place first above-written.

Doc. No._____;
Page No. _____;
Book No. _____;
Series of 2019

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