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of
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 here in set forth and subject to the provisions of existing laws
of the Republic of the Philippines.
That the name of the partnership shall be: ZY Creative Ideas, Ltd.
ARTICLE II.
ARTICLE III.
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 asfollows:1. To
conduct business related to graphics design and lay outing including
business promotion and advertising;2. To conduct photography
and videography services for all occasions; an
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ARTICLE VI.
That the capital of the partnership shall be six hundred thousand, Philippine
Currency contributed in cash by the partners as follows:
ARTICLE VII.
That the profits and losses shall be divided pro-rata among the partners.
ARTICLE VIII.
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.
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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.
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 WHERE OF, we have hereunto set our hands this 8th day of
September 2011 at Cagayan de Oro City, Philippines.
ABDULHARIS P. PAPORO
NORHANNA P. PAPORO
TIN: TIN:
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ACKNOWLEDGEMENT
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:
Abdulharis P. Paporo
Cagayan de Oro City
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