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DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Assignment, made and entered this 15th day of


November 2016, in Manila, Philippines, by and between:

SUPERSTEEL HARDWARE, a single proprietorship


registered under the name of JUAN DELA CRUZ, Jr. with
business address at 1111 Dapitan Street, Sampaloc, Manila,
hereinafter referred to as the ASSIGNOR,

-and-

TDT POWERSTEEL CORPORATION, a corporation duly


registered under existing laws of the Philippines, with
business address at 2222 Novaliches St., Makati City,
represented by its Corporate Secretary Ms. Angela Reyes
hereinafter referred to as the ASSIGNEE.

(Hereinafter collectively referred to as Parties.)

WITNESSETH:

WHEREAS, the ASSIGNOR is the owner and sole proprietor of


POWERSTEEL HARDWARE;

WHEREAS, the ASSIGNOR is willing to assign, and the ASSIGNEE


is willing to accept, all the assets and other properties of ASSIGNOR
including, but not limited to, all real and personal properties, contractual
rights, licenses, privileges, property rights, claims, bank deposits, stocks,
account receivables, credit lines, supplies, equipment, and such other
assets of ASSIGNOR;

NOW, THEREFORE, in exchange for 7,985 common shares of stock


with par value of PhP100.00 per share in the ASSIGNEE corporation, the
ASSIGNOR does hereby assign, cede, transfer and convey in a manner that
is absolute and irrevocable the said rights and obligations, assets and
properties unto the ASSIGNEE.

Any and all expenses incidental to the conveyance and registration


of the transfer from the name of the ASSIGNOR to the name of the
ASSIGNEE, such as documentary stamp tax, transfer fees, registration
expenses and the like, and capital gains tax, if any, shall be for the sole and
exclusive account of the ASSIGNEE.
2

IN WITNESS WHEREOF, the parties have hereunto signed this


DEED OF ASSIGNMENT on the date and place first above written.

___________________________ __________________________
JUAN DELA CRUZ, JR. ANGELA REYES
Assignor Assignee

Signed in the presence of:

________________________ __________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )


CITY OF ______________________ ) S.S.

BEFORE ME, a Notary Public for and in the City of


________________, Philippines, on this ___th day of _________ 2016,
personally appeared the following persons with their respective
Competent Evidence of Identity (CEI), thus:

NAME DETAILS OF C.E.I.


JUAN DELA CRUZ, Jr. Philippines Drivers License with I.D. No.
234782
Mechelle G. Reyes Tax Identification No. 297-444-523-000

known to me to be the same persons who executed the foregoing Deed of


Assignment, consisting of Two (2) pages, including this Acknowledgment
page, and they acknowledged to me that they executed the same as their
free and voluntary act and deed.

IN WITNESS WHEREOF, I have hereunto set may hand and affixed


my notarial seal this ___th day of ______ 2016.

Doc. No. ____; NOTARY PUBLIC


Page No. ____;
Book No. ____;
Series of 2017.