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MEMORANDUM OF AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
This Memorandum of Agreement (this “MOA” or this “Memorandum of Agreement”) is made and entered
into on this __________________________ (“Effective Date”) by and between:
And;
SIGNER, COMPANY, a signer”KD Clothing”, with an office located at Lot 13 Blk. 23, Balintawak
Drive, Dona Ana Subdivision Camarin, Caloocan City thru contact number: Mobile No. +63927-054-
95-20/ +63956-056-70-00
2. BACKGROUND.
Both parties see the benefits of this project, have a desire to pursue the project and have determined that
each brings unique expertise and experience necessary to accomplish the objectives outlined above.
SENDER.Company has unique expertise and experience in the following areas:
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• Printing services of any suitable fabrics.
• Computer Arts & Designs
• Photo Editing / School & Souvenirs merchandise
6. FUNDING; COSTS.
The parties shall each be solely responsible for any and all costs associated with their responsibilities
under this MOA.
1. It has been agreed that the total amount for the contract project with the ranges stated under
section (4) of “SENDER.Company RESPONSIBILITIES” and section (5) – “SIGNER.Company,
RESPONSIBILITIES”, shall be in pesos with the amount of: ___________________________(P
_________________________________) Philippine Currency, with equivalent quantity
of;(___________________) Pcs., thus; the client will issue the initial fifty percent (50%) of total
contract amount then settle the remaining fifty percent (50%) upon completion of delivery,
2. Whereareas; upon issuing funds from the above client, the “Senderr” J.M.R.J Garments
Manufacturing, shall receive the forty three percent (43%) from the total amount agreed.
3. Wherein; the remaining percentage of fifty seven (57%) from the total agreed amount shall receive
by the “Signer- Company” with the considerable period of initial preparation prior official
commencement of production date.
4. Alterations during the operation from the agreed project in relation to funds and demanded
quantity in which would compromise both contracting parties should carry out immediate
discussions and another signing of this MOA with both representatives prior amendments.
7. PRODUCT DESCRIPTIONS.
The above given breakdown of sizes will be issued upon the order form the client, wherein the following
approved sizes must be strictly follow by the given dimensions below:
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Size Variations
Small (S): 27 20 7 14 21
Medium (M): 28 21 7 14 22
Toning of color through all the projects must be observed and maintain in accordance with the
approved details set forth by the committee from the above client, below the color details must only be
use without further notice given:
i. Pantone 7455 C
ii. Pantone 1778 C
8. DISPUTES – ARBITRATION
Any claim or controversy arising out of this Contract or to the breach, termination or invalidity thereof
shall be settled by arbitration in any court within Metro Manila in accordance with rules governing
arbitration of the Philippine Trade Law subject to such modifications as the parties may agree in writing.
The Parties hereby agree to be bound by any arbitration award rendered in accordance with this
paragraph as final adjudication of any such claim or controversy.
9. DEFAULT
In case of default by the Contractor including but not limited to failure or refusal to make deliveries of
materials or construction within the limit specified, the SENDER – J.M.R.J GARMENTS
MANUFACTURING may procure the goods or services from other sources and hold the Contracting
party responsible for any excess costs occasioned thereby. Furthermore. The SENDER may by written
notice terminate the right of the Contractor to proceed with the deliveries or construction/renovation. Or
such parts thereof as to which there has been
default.
b. The above SENDER will indemnify and hold the contracting parties free and harmless from and
against any action or liability in respect of claims, actions, orders, fines, charges, penalties or
judgment imposed on the SENDER, on account of its violation of any law decrees, ordinances, rules
and regulations relating to concede fund raising project.
IN WITNESS WHEREOF, parties herein affix their signature in the date and place above written.
_____________________________________ _______________________________________
SENDER – “J.M.R.J Garments Manufacturing” SIGNER – “KD Clothing”
_______________________________ ________________________________
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ACKNOWLEDGEMENT
Known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledge to me that the same is their free and voluntary act and deed.
This instrument is consisting of ____ page/s, including the page on which this
acknowledgement is written, has been signed on each and every page thereof by the concerned parties
and their witnesses, and sealed with my notarial seal
WITNESS MY HAND AND SEAL, on the date and place first above and written.
Notary public
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