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Subscription Form

This document is a subscription agreement for shares in a credit cooperative. It details the terms of subscription including payment amounts over various time periods and methods of payment. It also includes sections for signatures of the subscriber and representative as well as an acknowledgment section.

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Lieca Ambol
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27 views2 pages

Subscription Form

This document is a subscription agreement for shares in a credit cooperative. It details the terms of subscription including payment amounts over various time periods and methods of payment. It also includes sections for signatures of the subscriber and representative as well as an acknowledgment section.

Uploaded by

Lieca Ambol
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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PGT CREDIT COOPERATIVE

#299 Brgy. Samput, Paniqui, Tarlac


Reg. No. 9520-100300033849
TIN : 622-604-847-000

SUBSCRIPTION AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

I, _________________________________, single/married, of legal age, a resident of


_______________________________________________________, hereby subscribes _______________(_____)
regular/preferred shares of the authorized capital stock of PGT CREDIT COOPERATIVE, a cooperative duly registered and
existing under and by virtue of the laws of the Republic of the Philippines, with principal office address at # 299 Brgy.
Samput ,Pamiqui, Tarlac. represented herein by its Chairperson of the Board ________________________, at a subscription
price of ONE HUNDRED PESOS(P100.00) per share or a total subscription price of
__________________________________ (P____________), Philippine Currency.

I shall pay the subscription amount to the cooperative upon signing of this agreement and commit to pay the full
subscription on a monthly installment basis within the specified term as follows:

PhP 20,000 1 to 3 years PhP 75,000 7 to 9 years


PhP 35,000 3 to 5 years PhP 100,000 9 to 11 years
PhP 50,000 5 to 7 years PhP_____________ __ to __ years

I promise to pay my subscription until it is fully paid through:

a) Monthly contribution of at least PhP500.00 per month


b) 1% loan retention of every loan granted me as long as my share does not exceed PhP500,000.00
c) 5% from interest on share capital and patronage refund
d) A share certificate will be issued yearly for a minimum of TWENTY THOUSAND PESOS (PhP20,000.00) paid-
up share capital

I understand that my failure to pay the minimum and the full subscription price may affect my rights and the status of
my membership in accordance with the cooperative By-Laws and cooperative laws

Done this______________________ at ___________, Philippines.

______________________________
Name and Signature of Subscriber
CONFORME:

____________________________________
Represented by: Chairperson of the Board

Signed in the Presence of:

_________________________ ______________________

1
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


__________________________ ) S.S.

I certify that on this ______________________ in ________________, before me a Notary Public duly authorized in the
city named above to take acknowledgments, personally appeared:

Name VALID ID Date/Place Issued

Who were identified by me through competent evidence of identity to be the same persons described in the foregoing Subscription
Agreement, who acknowledged before me that their respective signatures on the Subscription Agreement were voluntarily affixed
by them for the purposes stated therein, and who declared to me that they are duly authorized to enter into this Subscription
Agreement and have executed the Subscription Agreement as their free and voluntary act and deed and of the Cooperative that they
represent.

IN WITNESS WHEREOF, I affixed my notarial seal on the date and at the place above-written.

Notary Public
Doc. No.________;
Page No. _______;
Book No. _______;
Series of 2015.

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