ARTICLES OF PARTNERSHIP

of
Hello! Cupcake, LTD.

KNOW ALL MEN BY THESE PRESENTS:

That we, the undersigned, all of legal age and residents of the Republic of the
Philippines have agreed to amend a limited partnership under the terms and conditions
herein set forth and subject to the provisions of existing laws of the Republic of the
Philippines.

AND WE HEREBY CERTIFY:

ARTICLE I. That the name of the partnership shall be: Hello! Cupcake, Ltd.
ARTICLE II. That the principal office of the Partnership shall be located at 2 nd
Floor St. Mary, New Era, Central Ave., Quezon City.
ARTICLE III. That the names, citizenship, residence and designation of the
partners of said partnership are as follows:
Name
Ann Camille Joaquin
Charlyn Cayabyab
Joymee Banting
Michelle Flores

Citizenship
Filipino
Filipino
Filipino
Filipino

Residence
Bulacan
Marikina City
Quezon City
Quezon City

Designation
General Partner
General Partner
Limited Partner
Limited Partner

ARTICLE IV. That the term for which said partnership is to exist is 30 years from
the original recording of said partnership by the Securities and Exchange Commission.

ARTICLE V. That the purpose for which said partnership is formed are as
follows:
1. To be one of the leading cupcake and sweets caf in the metro.
2. To conduct services for all occasions such as birthdays, weddings and
corporate events in manner of having a cupcake and sweets buffet services.
3. To be the first do-it-yourself cupcake business in the Philippines.
ARTICLE VI. That the capital of the partnership shall be six hundred thousand,
Philippine Currency contributed in cash by the partners as follows:
Name
Ann Camille Joaquin
Charlyn Cayabyab
Joymee Banting
Michelle Flores

Amount Contributed
P 225, 000.00
P 225, 000.00
P 75, 000.00
P 75, 000.00

That no transfer will reduce the ownership of Filipinos citizens to less than the
required percentage of capital shall be recorded in the paper books of the partnership.
ARTICLE VII. That the profits and losses shall be divided pro-rata among the
partners.
ARTICLE VIII. That should there be any additional contribution made by a limited
partner, such must be agreed upon by all the partners in writing and duly recorded at
least two (2) days after signing of same agreement. Such contribution shall amend
Article VI of the Articles of Partnership and in no case shall such amendment be done
less than one (1) year after the original recording of said partnership by the Securities
and Exchange Commission.
ARTICLE IX. That the contribution of each limited partner may be returned to
him/ her three (3) years after the original recording of said partnership by the Securities
and Exchange Commission.
ARTICLE X. That the limited partner may be given the right to substitute an
assignee as contributor in his place, provided that he has duly notified his partners in
writing, stating the reasons therefor, five (5) days before effectivity of said substitution.
Provided further that such limited partner has already settled his obligations to the
partnership prior to the notification of substitution.

ARTICLE XI. That a partner may admit an additional limited partner, provided
that the other partners have been duly notified in writing five (5) days before effectivity
of admission and duly concurred by all the partners in writing.
ARTICLE XII. That the remaining general partner or partners shall have the right
to continue the business in cases of death, retirement, civil interdiction, insanity or
insolvency of a general partner.
ARTICLE XIII. That the firm shall be under the management of Ann Camille
Joaquin, as General Manager and as such she shall be in charge of the management of
the affairs of the partnership.
ARTICLE XIV. That the partners willingly undertake to change the name of the
partnership immediately upon receipt of notice/ directive from the Securities and
Exchange Commission that another partnership, corporation, or person has been
declare misleading, deceptive, confusingly similar to a registered name or contrary to
public morals, good customs or public policy.
IN WITNESS WHEREOF, we have hereunto set our hands this 8th day of
January 2014 at Quezon City, Philippines.

ABDULHARIS P. PAPORO
TIN:

NORHANNA P. PAPORO
TIN:

ADAPODIN P. PAPORO
TIN:

STRAWBERRY A. LUCINIADA
TIN:

ACKNOWLEDGEMENT
Republic of the Philippines
}
City of Quezon City
} S. S.
BEFORE ME, a Notary Public, for and in Cagayan de Oro City, Philippines, this
8th day of September, 2011, personally came and personally appeared the following
persons with their Community Tax Certificates as follows:
Name
Abdulharis P. Paporo
Norhanna P. Paporo
Adapodin P. Paporo
Strawberry A. Luciniada

CTC #

Date

/ Place Issued
Cagayan de Oro City
Cagayan de Oro City
Cagayan de Oro City
Cagayan de Oro City

Known to me to be the same persons who executed the FOREGOING

ARTICLES OF PARTNERSHIP, and they acknowledged to me that the same is their
voluntary act and deed.
WITNESS MY HAND AND SEAL on the date first above written.

Name of legal Counsel

Notary Public
Valid Until December 31, 2011
PTR. No.
IBP No.
Roll of Attorney No.
TIN
Cagayan de Oro City

Doc. No.:
Page No.:
Book No.:
Series of 2011