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RETAINER CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT made and executed by and between:

MEGAWORLD

CORPORATION,

domestic

corporation

duly

organized and existing under and by virtue of the laws of the Republic of the
Philippines,

with

principal office

at

Eastwood

Libis,

Quezon

City,

Philippines and represented in this act by its Chief Executive Officer (CEO),
Alden Richards, (hereinafter referred to as the CLIENT);
- and
MIRA LAW OFFICE, a law firm organized under and by virtue of the
laws of the Republic of the Philippines as a general professional partnership,
with

principal office

at

Happiness

Bldg.,

Session

Road,

Baguio

City,

Philippines, and represented in this act by its Managing Partner, Charlene


Mira, (hereinafter referred to as the LAW FIRM

WITNESSETH: That

WHEREAS, the LAW FIRM has offered its professional legal services to
the CLIENT and CLIENT agrees to retain the professional legal services of the
LAW FIRM under a retainership basis, subject to the terms and conditions
hereinafter stipulated:

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NOW

THEREFORE,

for and in

consideration of the

mutual

covenants and agreements herein agreed upon, the CLIENT and the LAW
FIRM, by these presents, have entered, as they hereby enter, into a
contract of services whereby the LAW FIRM shall render legal services to the
CLIENT, under the following terms and conditions:

1. The term or duration of this contract shall be for one (1) year effective
upon signing of this agreement and shall automatically renewed on a
year to year basis unless either party pre-terminates the same upon
serving a thirty (30) day-prior written notice to the other party,
without need of cause;

2. The LAW FIRM, while in the performance of its duties, shall be entitled
to a fixed monthly retainer fee of PESOS: FIVE HUNDRED PESOS
(P500,000.00);

3. The LAW FIRM shall make itself available for ready consultation by the
CLIENT or its duly authorized officers in all matters or business
requiring legal advice and opinion affecting the said corporation in
general. Written opinions rendered by the LAW FIRM on matters
affecting

the

business and operations of the

corporation

shall

be

subject to confirmations;

4. The LAW FIRM shall render documentation and notarial services to the
CLIENT
notarized

as

part of this

retainership.

free of charge

while

Client

documents

documents

shall

requiring

be
the

participation and signature of a party other than the Client shall be


subject to fees or charge at the following ratesNotarial Rates)

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5. In case of extra-judicial foreclosure of mortgage endorsed to the LAW


FIRM by the CLIENT, the attorneys fees shall be at the rates provided
as follows: (Rates of Legal Fees on Foreclosure)

6. In collection cases other than extra-judicial foreclosure of mortgage,


the attorneys fees shall be at the rates provided as follows:
(Rates of Legal Fees for Collection Cases)

7. The LAW FIRM shall handle other cases as referred to it by the CLIENT
for a fee that shall be determined by mutual agreement of the law
firm and the CLIENT, on a case to case basis, such as, but not limited
to,

all

suits

or

cases

for

or

against

the

CLIENT,

including officers and employees of the CLIENT sued in their official


capacity;

8. The LAW FIRM shall not compromise or settle judicially or extrajudicially any account, foreclosure proceeding or suit wherein the
CLIENT is a party, without the written consent and conformity of the
CLIENT or his duly authorizedofficer;

9. Routinary

expenses

court and copies

for

mailing of demand letters,

thereof to

of photocopy of evidentiary

adverse

documents,

pleadings

parties,

to

costs

payment of stenographic

notes, costs of publications of notices, as well as filing fees and other


legal expenses in court and other appropriate government offices shall
be for the account of the CLIENT;

10.

The LAW FIRM shall, whenever requested by the CLIENT take

immediate measures to investigate the facts and ascertain the legal


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position of the

CLIENT

concerning

any

accidents,

claim

or

liability, and shall on such cases do what may be required for the
protection of the CLIENT. The LAW FIRM may represent the CLIENT in
all suits and proceedings pending or which may be pending in Bacolod
City or its environs wherein the CLIENT is a party, or its rights or
interest are involve, at the direction of the CLIENT;

11.

The LAW FIRM shall keep in its office a docket of record in which

it shall cause to be recorded all proceedings connected with nay action


which the CLIENT is interested and shall keep such other records
necessary

to

preserve

complete

history of the

business of the

CLIENT entrusted to its charge. Said docket and records shall be


subject

to

the

inspection and control of the

CLIENT

or

his

representative;

12. The LAW FIRM shall submit to the CLIENT at least once every quarter
or as often as required, written reports on all pending matters handled
by the LAW FIRM for the CLIENT;

13. The LAW FIRM, in addition to the herein enumerated services, shall
well and faithfully serve the CLIENT and shall at all times devote its
whole time and attention to the assignments and tasks given and/or
entrusted to it by the CLIENT and shall do and perform all such
services, acts and things connected therewith as the CLIENT shall from
time to time direct; nor shall the LAW FIRM at any time get itself in a
situation where a conflict of interest may arise between those of the
CLIENT and the LAW FIRM and/or its CLIENTS;

14. The LAW FIRM shall not, either during the term of this contract or any
time thereafter, use or disclose to any person, office, corporation or
entity any confidential information concerning the affairs of the CLIENT
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which he nay have acquired in the course of or as incident to this


contract for its own benefit, or to the detriment or probable
detriment of the CLIENT;

15. It is understood and agreed that nothing in this contract shall be


construed

as

establishing

the

relationship of

employer-employee

between the CLIENT and the LAW FIRM, including its personnel;

16. Any violation of the terms and conditions of this contract by the LAW
FIRM shall give the CLIENT the option to rescind or cancel immediately
the contract without necessity of judicial proceedings;

17. The CLIENT reserves the right to terminate this Agreement without
need of cause or reason upon thirty-day written notice to the LAW
FIRM.

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IN WITNESS WHEREOF, the parties have signed this instrument this July2,
2015 at Baguio City, Philippines.

MEGAWORLD CORPORATION
CLIENT
By: Alden Richards
Chief Executive Officer

MIRA LAW OFFICE


LAW FIRM
By: Charlene Mira
Managing Partner

SIGNED IN THE PRESENCE OF

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_________________

_________________

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