Limited Partnership

ARTICLES OF PARTNERSHIP
OF
Cool Kids Co,LTD.
(Partnership Name)

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
be Cool Kids Co., LTD

the

name

of

this

partnership

shall

and shall transact business under the said company name.

ARTICLE II. Business Purpose:
formed is/are:

That the purpose/s for which this partnership is

To conduct business which provide quality one on one tutorial for Mathematics subject to
secondary students
ARTICLE III. Principal Place of Business: That the principal place of business of this
partnership shall be located at
107 Pias Road, Camp 7, Baguio City
(complete address)

ARTICLE IV. Term of Existence: That this partnership shall have a term of
_____5____ years from and after the original recording of its Articles of Partnership by the
Securities and Exchange Commission.

Articles of Partnership

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

residence addresses of the partners are as follows:
Name
Andrei Domogo

Nationality
Filipino

Complete Residence Address

59 New Lucban,Int, Baguio City

Kind of Partner
General

Lee Javellana
Jerico Bacani

Filipino
Filipino

102 Marcos Hiway, Baguio City

107-A Pias, Camp 7, Baguio City

Limited
Limited

ARTICLE VI. Capital Contributions: That the capital of this Partnership shall be the
amount of ____________ (P_________), Philippine Currency, contributed in cash by the
partners, as follows:
Name

Amount Contributed

Andrei Domogo
Lee Javellana

P10, 000.00
P 20,000.00

Dexter Jane Indong

P 30, 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. Sharing Ratios: That the profits and losses of this partnership shall be
divided and distributed proportionately on the ratio of the capital contribution of each partner.
(Limited partner shall be liable for losses only to the extent of his/her contribution.)
ARTICLE VIII. That should there be any additional contribution made by a limited
partner, such must be agreed upon by all the partners in writing and duly recorded at least two
(2) days after signing of same agreement. Such contribution shall amend Article VI of the
Articles of Partnership and in no case shall such amendment be done less than one (1) year
after the original recording of said partnership by the Securities and Exchange Commission.
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.
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. That the firm shall be under the management of Andrei Domogo as
General Manager and as such she shall be in charge of the management of the affairs of the
partnership.
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.

Articles of Partnership

IN WITNESS WHEREOF, we have hereunto affixed our signatures this 20 th day of

February, 2016, at Baguio City.
Andrei Domogo
941-775-718
(name of partner)
TIN
Lee Javellana
937-857-285
(name of partner)
TIN
Jerico Bacani
915-254-286
(name of partner)
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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