DECLARATION OF TRUST

I __________________________________, of legal age, Filipino, with postal address at Rm.

___________________________________________, hereby declare that
_____________________ share/s of stock of ________________________ (the
“Corporation”) registered in my name in the books of the corporation is being held by me in
trust for ___________________________ (the “Principal”). I hold the said share/s for the
Principal with a solemn covenant to the Principal and its successors and assigns that:

1. I will at all times honor and recognize the Principal’s ownership of the subject share/s
and shall never contest the same;

2. I will at all times transfer and dispose of the said share/s and the dividends thereon and
proceeds thereof, and in accordance with the instructions given to me by the Principal;

3. I will at all times, whenever requested by the Principal, sign execute and deliver any
transfer, proxy form, receipt, notice or other instrument relating to the said share/s or any
such dividends, proceeds, rights, privileges, as aforesaid submitted to me by the
Principal;

4. I will not exercise any voting or any other right in respect of the said share/s contrary to
any direction of the Principal; and

5. The Principal has the right to appoint a new trustee of the said share/s at any time
without need of prior notice to me, and the Corporation’s Corporate Secretary is hereby
instructed to record such transfer of the share/s to the new trustee upon written
instruction of the principal and without need of endorsement of the certificate by me.

I hereby irrevocably authorize the Principal to sign or complete on my behalf any

instrument of transfer of the share/s which I, as holder of the said share/s have the power to sign
and generally to execute and do all such instruments and things as the Principal deems fit for
the purpose of obtaining or exercising any and all rights and power of and incidental to the
holding of ownership of the said share/s.

IN WITNESS WHEREOF, I have executed this Declaration of Trust on

_________________ in _____________________.

________________________

Marital Consent:

_________________________________
Spouse
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

DONE IN THE CITY OF ________________)S.S.

BEFORE ME, a Notary Public for and in ____________________________ City,

Philippines, this _________________, personally appeared:

Name Valid Gov’t IDs Date of Expiry

known to me to be the same persons who executed the foregoing Declaration of Trust, and who
acknowledged to me that the same is his free and voluntary act and deed.

Done this __________________________________________, Philippines.

Doc. No. _____;

Page No._____;
Book No._____;
Series of _____.