MEMORANDUM OF AGREEMENT

This Memorandum of Agreement is made and entered into in the City of

______________, Philippines by and between
______________ (COMPANY NAME) with office address at
__________________ (Company Address) represented by its
(Designation), ______________________ (SIGNATORYs NAME),
hereinafter referred to as __________________ (COMPANY
ACRONYM).
- and
______________ (COMPANY NAME) with office address at
__________________ (Company Address) represented by its
(Designation), ______________________ (SIGNATORYs NAME),
hereinafter referred to as __________________ (COMPANY
ACRONYM).
WHEREAS, _________________ (COMPANY ACRONYM) in its concern to
______________________________ (State reason for entering into MOA), has
agreed to _______________________________________ (state objective
agreed upon).
WHEREAS,
_______________
(COMPANY
ACCRONYM)
__________________________________________________________
_________________________________________________ (State what
been carried out).

has
has

NOW, therefore, for and in consideration of the foregoing premises,

_______________ (COMPANY ACRONYM) and _________________ (COMPANY
ACCRONYM) hereby agree on and stipulate the following:
A. ________________________ (COMPANY ACRONYM) shall undertake
_________________________________________ (State undertaking) and
for this purpose;
1.____________________________________________________________
__________________________
(State
specific acts
required
in
accordance with the undertaking stated above);
2.____________________________________________________________
__________________________
(State
specific acts
required
in
accordance with the undertaking stated above);
3.____________________________________________________________
__________________________
(State
specific acts
required
in
accordance with the undertaking stated above);
4.____________________________________________________________
__________________________
(State
specific acts
required
in
accordance with the undertaking stated above).
B. _____________________ (COMPANY ACRONYM) shall:

1.____________________________________________________________
__________________________
(State
specific acts
required
in
accordance with the undertaking stated above);
2.____________________________________________________________
__________________________
(State
specific acts
required
in
accordance with the undertaking stated above);
3.____________________________________________________________
__________________________
(State
specific acts
required
in
accordance with the undertaking stated above);
4.____________________________________________________________
__________________________
(State
specific acts
required
in
accordance with the undertaking stated above).
C.

DURATION

This AGREEMENT shall hold for the duration of the ___________________ (state
period of agreement), and is automatically renewable every year, provided that
_________________
(COMPANY
ACRONYM)
and
_________________
(COMPANY ACCRONYM) reserve their respective rights to withdraw their
participation in the agreement upon written notice.
IN WITNESS WHEREOF, the parties hereto have signed these presents on this
__________ (DATE) day of __________ (MONTH), _____________ (YEAR) in
_________ (City), Philippines.
BY:
COMPANY NAME
_______________________________
SIGNATORY
Position

COMPANY NAME
________________________
SIGNATORY
Position

Signed in the presence of:

_______________________________
NAME
Position

________________________
NAME
Position

ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES)
________________

) S.S.

BEFORE ME, a Notary Public in and for _____________________ on this __ day

of _________, 200_ personally appeared the following:
NAME

GOVERNMENT ISSUED
ID

DATE AND PLACE OF

ISSUE

_______________

_________________

known to me to be the same persons who executed the foregoing Company Car
Plan Agreement consisting of ___ (__) pages, including this page, and they
acknowledged to me that the same is their free and voluntary act and deed, as
well as that of the party he represents.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this __ day of
___________, __________ (Year) in _______ City.
[SIGNATURE]
[NAME]_______
Notary Public

Doc. No.: _____;

Page No.: _____;
Book No.:_____;
Series of ______.

Until [DATE]__________________
PTR No. [NUMBER] ____________
Issued at [PLACE]______________
On [DATE] ___________________