ARTICLES OF PARTNERSHIP

OF
QUISING-DELA CRUZ, LTD.
KNOW ALL MEN BY THESE PRESENTS:
That we, the undersigned partners, all of legal age, residents and citizens of the
Philippines, have on this day voluntarily associated ourselves together for the purpose of forming
a limited partnership under the following terms and conditions and subject to existing and
applicable laws of the Republic of the Philippines:
AND WE HEREBY CERTIFY:
ARTICLE I. Partnership Name: That
the name of this partnership shall
be QUISING-DELA CRUZ, Ltd. and shall transact business under the said company name.
ARTICLE II. Business Purpose: That the purpose/s for which this partnership is
formed is TO PERFORM LEGAL SERVICES SUCH AS
a. REPRESENT CLIENTS IN COURT,
ARTICLE III. Principal Place of Business: That the principal place of business of this
partnership shall be located at RCBC Plaza, Yuchengco Tower
ARTICLE IV. Term of Existence: That this partnership shall have a term of 25 years
from and after the original recording of its Articles of Partnership by the Securities and Exchange
Commission.

ARTICLE V. Partners Circumstances: That the names, nationalities and complete

residence addresses of the partners are as follows:
Name
Josiah David
Quising

Nationality
Complete Residence Address
F. Filipino
1020 N Maxco Compound,
Maries Village, Baranggay
Pasong Tamo, Quezon City.
Juan M. Dela Cruz
Filipino
45-A Mapagsanguini St.,
Baranggay Teachers Village,
Quezon City
Patricia Sy-Santos
Filipino
1134 D, Tierra Pura, Baranggay
Pasong Tamo, Quezon City.

Kind of Partner
General Partner
General Partner
Limited Partner

ARTICLE VI. Capital Contributions: That the capital of this Partnership shall be the
amount of SIXTY-FIVE MILLION PESOS ONLY (PHP 65,000,000.00), Philippine Currency,
contributed in cash by the partners, as follows:
Name
Josiah David F. Quising
Juan M. Dela Cruz
Patricia Sy-Santos

Amount Contributed
PHP 25,000,000.00
PHP 30,000,000.00
PHP 10,000,000.00

That no transfer of interest which will reduce the ownership of Filipino citizens to less
than the required percentage of capital as provided by existing laws shall be allowed or permitted
to be recorded in the proper books of the partnership.
ARTICLE VII. Property Contributions: That the following Partners contributed
other properties to the Partnership, as described and listed below, whose value was agreed upon
the Partners, as follows:
Name
Juan M. Dela Cruz
Patricia Sy-Santos

Description of Property
Company car;
Toyota Vios;
Plate Number: XNP 354

Agreed Value
PHP 4,000,000.00
PHP 23,500,000.00

ARTICLE VIII. Sharing Ratios: That the profits and losses of this partnership shall
be divided and distributed proportionately on the ratio of the capital and property contribution of
each partner.
ARTICLE IX. Management: That this partnership shall be under JOSIAH DAVID F.
QUISING, as General Manager, who shall be in charge of the management of the affairs of the
company. He shall have the power to use the partnership name and in otherwise performing such

acts as are necessary and expedient in the management of the firm and to carry out its lawful
purposes.
ARTICLE X. Other Rights of Partners: The following additional rights shall be
enjoyed by the partners:
a. The right to admit additional limited partners;
b. In case of dissolution through death, retirement, civil interdiction, insanity, or insolvency
of a general partner, the remaining general partner or partners has the right to continue
the business;
c. The right of each limited partner to demand and receive property other than cash in return
for his contribution;
d. The right of each limited partner to substitute an assignee as contributor in his place
provided that,
i.
The assignees total contribution would not be less than the original contribution
of his assignor but not greater than the total contribution of any general partner.
ii.
The partners may reject the assignment based on the assignees personal character,
financial capability, and other considerations as may be deemed proper by the
controlling financial interest.

ARTICLE XI. Undertaking to Change Name: That the partners undertake to change
the name of this partnership, as herein provided or as amended thereafter, immediately upon
receipt of notice or directive from the Securities and Exchange Commission that another
corporation, partnership or person has acquired a prior right to the use of that name or that the
name has been declared as misleading, deceptive, confusingly similar to a registered name, or
contrary to public morals, good customs or public policy.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this 17th day of November,
2016, at.
Josiah David F. Quising
TIN:

Juan M. Dela Cruz

TIN:

Patricia Sy-Santos
TIN:

SUBSCRIBED AND SWORN TO before me in______________,Philippines on

______________, affiants personally appeared before me and exhibited their competent evidence
of identity indicated after their respective names, as follows:
Name

TIN/ID/Passport No.

Date & Place Issued

NOTARY PUBLIC

Doc. No.
Page No.
Book No.
Series of 20

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