AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

THAT WE, ______________________________, of legal age,

married to _____________________, a resident of
__________________________________________________________________
_______________________________, hereinafter known as the
CONTRACTOR, and ______________________________, single/married
to ___________________________________, a resident of
__________________________________________________________________
________________________________, and hereinafter known as the
OWNER, do hereby agree and state:

1. That the CONTRACTOR hereby agrees to construct for the

owner,
_____________________________________________________________
____________________________________________________________
for and in consideration of the sum of
__________________________________________ PHILIPPINE PESOS
(Php__________________);

2. That the CONTRACTOR hereby agrees that the said amount

shall cover all the expenses for the labor, materials and for the
usage of its tools;

3. That the OWNER shall pay the above consideration as follows:

a. 50% of the entire amount of the consideration which

amounts to ________________________________________
PHILIPPINE PESOS (Php______________________) upon
the execution of this Contract;
b. The rest of the entire amount to be paid either in two
gives or upon the completion of the contracted
obligation, the last payment should be paid
simultaneously upon the completion of the same.

4. That the initial payment of 50% of the entire amount of the

consideration which amounts to
_________________________________________ PHILIPPINE PESOS
(Php _________________________) shall not be refundable and
shall be deemed forfeited if the OWNER backs out with this
contract;

5. That should the OWNER wish to have the contracted

obligation be finished for at the most expedient time, an
additional amount of _________________________ PHILIPPINE
 Page 2 of 3

PESOS (Php ______________________) should be added for

payment upon the completion of the contract;

6. That should the OWNER want additional labor such as

painting and other improvements on the contracted obligation,
an additional payment in the amount of
__________________________________ PHILIPPINE PESOS
(Php_________________) should be paid upon the completion of
the contract;

7. That the CONTRACTOR shall finish the contracted obligation

within __________________________ working days, excluding
Sundays and legal holidays, to be counted from
______________________________________;

8. That should the CONTRACTOR fail to finish the contracted

obligation within the period herein specified, he shall pay the
OWNER the amount of ______________________ PHILIPPINE
PESOS (Php_____________________) for each day of delay;

IN WITHESS WHEREOF, we have hereunder signed our

names, this ____ day of ______________ 201_, at
_______________________________, Philippines.

__________________________ ___________________________
OWNER CONTRACTOR

WITNESSES:

__________________________ ___________________________

REPUBLIC OF THE PHILIPPINES )

MUNICIPALITY/CITY OF ________________)SS.

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

________________________________, personally came and appeared
the following:
 Page 3 of 3

Name Identification Card Date and Place

Number of Issue

_______________________ ____________________ _______________

_______________________ ____________________ _______________

personally known to me and to me personally known to be the same

persons who executed the foregoing instrument which they signed
and acknowledged before me as their free and voluntary act and
deed.

The foregoing instrument relates to an agreement of

constructing _____________________________________, consisting of
three pages, including the page on which this acknowledgment is
written and has been signed at the bottom and on the lefthand
margin of each and every page by the vendor and his instrumental
witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, this ___ day of

________________, 201_ at __________________________.

Notary Public
Until December 31, 201_
PTR #: _____________________
Roll of Attys. #:_____________
IBP #: ______________________

Doc. #:_____
Page #:_____
Book #: ____
Series of 201_