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LPG SUPPLY AND DELIVERY CONTRACT

This Agreement made and entered into this ______________at_____________________, by and between:

MAY G. TAPPA TRADING, a corporation duly organized and existing under the laws
of the Republic of the Philippines, with address at Shell Station Almanza Uno,Las
Piñas City, represented in this act by its President, MAY G. TAPPA TRADING, a copy
of the Secretary Certificate is herein attached as Annex “A”, hereinafter referred to as
“DEALER”;

and

PHILIPPINE SEVEN CORPORATION of legal age, Filipino and with residential


address at __________________________________________,doing business under
the name and style of _____________________________ , with business address
at__________________________________________, hereafter referred to as the
“BUYER”

BOTH PARTIES agree to the following terms and conditions:

(1) CREDIT / BILLING. Unless a credit term has been extended by BRENTON to CUSTOMER, all
purchases of the CUSTOMER must be paid in cash at the time of pick up by the CUSTOMER from BRENTON or at the
time the order is placed by the CUSTOMER, without need of demand, whether written or oral. All unpaid obligations
shall earn a fourteen percent(14%) interest per annum.

(2) PRICING: The base price as of _______________________ shall be


________________________(PhP_________/kg.)or PhP_______________________ for every 50kg. cylinder tank.
The foregoing price shall escalate accordingly base on the monthly changes on or movement on local LPG price.
Prices are subject to review yearly and maybe adjusted should the need arise based on prevailing market price at the
time of review.

(3) FOR CREDIT SALES: From receipt of the billing statements / invoices, the BUYER shall have five (5)
days to question any all LPG delivered to costumer, otherwise, the billing statement / invoices shall be considered as
conclusive evidence of the delivered LPG to the COSTUMER.

(4) CHECK PAYEE: MAY G. TAPPA TRADING

(5) MISCELLANEOUS:For corporate accounts, the corporation warrants that the individual who actually
signed below is duly authorized through a duly executed Board Resolution and evidenced by the herein attached
Secretary Certificate, which the CUSTOMER is obligated to duly furnish MAY G. TAPPA TRADING upon execution of
this Agreement. For dissolved, bankrupt, non-operating corporate entities or those which cease to be doing business
but not dissolved companies, the individual signing below shall be liable for all the obligations for this account in his or
her personal capacity. For previously incurred LPG deliveries or consumption, the BUYER acknowledges and
recognizes such indebtedness to MAY G. TAPPA TRADING in the total amount of _________N/A__________ (PhP
____N/A______)outstanding and updated as of ___N/A_____ 20__. The execution of this LPG supply contract shall
not result in the waiver or relinquishment of such outstanding obligation(s). Upon signing of this agreement, the
customer shall issue checks to cover for: (i)security deposit of ____________________ N/A___________________
(PhP_____N/A______) to cover for _____N/A________, such amount shall be returned to customer upon end of the
contract, less all outstanding obligations; and (ii) _____ (___) months advance deposit in the amount of
__________N/A______________ (PhP______N/A_________). This Agreement constitutes the entire agreement
between the parties and no oral statement shall be binding unless reduced into writing and duly signed by parties
hereto. Any actions under this undertaking shall be filed exclusively with the proper courts of Quezon City, Metro Manila
to the exclusion of all other courts.

(6) PERIOD: This contract shall be effective from __________________________until


____________________________,and shall be automatically renewed for the same period upon expiration thereof
unless there be written notice to the contrary given by the other party within thirty (30) days from its effectivity.

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IN WITNESS WHEREOF, both parties have affixed their signatures at the place and date above indicated.

_______________________________ MAY G. TAPPA TRADING

By:
By:

MAY G. TAPPA
_________________________________ President
Owner

SIGNED IN THE PRESENCE OF:

___________________________
Executive Vice-President

Republic of the Philippines )


__________________________ ) S.S.

BEFORE me, a notary public, personally appeared the following with their competent evidence of
identifications listed after their names: MAY G. TAPPA TRADING WITH TIN # and
______________________ with _______________________________; who were identified by me through competent
evidence of identity to be the same persons described in the foregoing instrument, who acknowledged before me that
their respective signatures on the instrument were voluntarily affixed by them for the purposes stated therein, and who
declared to me that they have executed the instrument as their free and voluntary act and deed and that they have the
authority to sign on behalf of their respective principals.

IN WITNESS WHEREOF, I have hereunto set my hand and affix my notarial seal on the date and at the place
above written.

Doc. No. _____;


Page No. _____; Notary Public
Book No. _____;
Series of 2019.

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