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B22 Neth Bambi

This contract outlines an agreement between a Member and an Admin. The Admin agrees to provide payouts to the Member, who in turn undertakes to pay the Admin according to the schedule of payments. Key details include that the Member will receive a total payout of 20,000 PHP, with weekly payments of 1,050 PHP until a final payout of 18,950 PHP on March 7th. Both parties agree to the terms and conditions and sign the contract.

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Neth Marquez
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0% found this document useful (0 votes)
43 views3 pages

B22 Neth Bambi

This contract outlines an agreement between a Member and an Admin. The Admin agrees to provide payouts to the Member, who in turn undertakes to pay the Admin according to the schedule of payments. Key details include that the Member will receive a total payout of 20,000 PHP, with weekly payments of 1,050 PHP until a final payout of 18,950 PHP on March 7th. Both parties agree to the terms and conditions and sign the contract.

Uploaded by

Neth Marquez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This DEED, made and executed this ______________ day of ______________, by and between

_____________________________________ of legal age, Filipino and residing a ____________________


_____________________________________________ and herein after referred to as Member,

AND

ANNA CRISTINA F. VALLEDO, of legal age, married and residing at 3V Heizer St. Balara Filters, Brgy
Pansol, QC and herein after referred to as the ADMIN;

Both the Member and the ADMIN are hereinafter referred collectively as the “Parties”

WITNESSETH:

Whereas, the Member, will receive the payout from the ADMIN and undertakes to pay him as stated in
the Schedule of Payment in this agreement.

Whereas, the ADMIN agrees to give the payout to the Member and on the undertaking of the Member
that the amount received will be paid as stated in the Schedule of Payment in this agreement.

NOW, THEREFORE, for and in consideration of the foregoing, both Parties hereby undertake to
comply with the following terms and conditions to wit:

1. ADMIN, hereby hands and fully delivers, or undertakes to make such delivery in favour of Member

2. MEMBER, hereby agrees and undertakes to pay ADMIN as stated in the Schedule of Payment in this
agreement.

Both MEMBER and ADMIN declare that they have read this document and have fully understood its
contents. Both Parties futher declare that they voluntarily and willingly executed this Agreement with full
knowledge of their rights under the law.
IN WITNESS WHEREOF, the Parties have signed these presents at _____________________ this
_______ day of _________________.

ANNA CRISTINA F. VALLEDO _______________________________


ADMIN MEMBER

ACKNOWLEDGEMENT

Republic of the Philippines )


_________ City )s.s
x_________________________x

BEFORE ME, a notary public, for and in ____________________, this ________ day of
______________, 2020 personally appeared the following persons exhibiting to me their respective ID with the
following particulars:

NAME ID No: Date/Place Issued

Anna Cristina F. Valledo Driver’s License - N02-14-010525 September 24, 2018/QC

____________________ _______________________ _______________________

known to me to be the same persons who executed the foregoing instrument and they acknowledged to me that
the same is their free and voluntary act and deed.

This instrument consists of (3) pages including the page where this acknowledgement is written,
payment schedule, was signed by the parties and their instrumental witnesses on each and every page hereof,
and sealed with my notarial seal, pertains to an Agreement.

WITNESS MY HAND AND SEAL, on the date, year and place first above written.

NOTARY PUBLIC

Doc No. _________:


Page No. ________:
Book No. ________:
Series of 2020
SCHEDULE OF PAYMENT

Batch 22 – 20K Payout


Date of Payment Amount
Jan 24, 2020 Php 1050
Jan 31, 2020 Php 1050
Feb 7, 2020 Php 1050
Feb 14, 2020 Php 1050
Feb 21, 2020 Php 1050
Feb 28, 2020 Php 1050
Mar 7, 2020 Payout – Php 18950
Mar 13, 2020 Php 1050
Mar 20, 2020 Php 1050
Mar 27, 2020 Php 1050
Apr 3, 2020 Php 1050
Apr 10, 2020 Php 1050
Apr 17, 2020 Php 1050
Apr 24. 2020 Php 1050
May 1, 2020 Php 1050
May 8, 2020 Php 1050
May 15, 2020 Php 1050
May 22, 2020 Php 1050
May 29, 2020 Php 1050
Jun 5, 2020 Php 1050

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