CONTRACT FOR ADVERTISING AND PROMOTION AGREEMENT

KNOWN ALL MEN BY THESE PRESENTS:

This Contract for Advertising and Promotion Agreement is entered into this February 12, 2017 between:

FORTUNE COMPANY, a Fast Moving Consumer Goods (FMCG) Company, with office address at 123 Amorsolo St.,
Legazpi Village, Makati City, represented by its Advertising Head, MR. JOSEPH SANORJO, referred to as (“Company”);

And

MS. MAAN MENDIOLA, under the talent agency of Star Struck Magic, with address at 124 Sikatuna Village, Quezon
City, referred to as (“Artist”);

WITNESSETH:

WHEREAS, the Company wishes to engage the services of the Artist for the advertising and promotion of its
products within the period and in accordance with terms and conditions provided in this contract.

WHEREAS, the Artist is agreeable to provide promotion and advertising services in accordance with the terms and
conditions provided in this contract.

NOW, THEREFORE, for and consideration of the foregoing, the parties have mutually agreed on the following terms
and conditions, to wit:

I. Definition of Terms

Agreement – means this Contract together with all the documents submitted by MS. MAAN MENDIOLA in connection with the
engagement of her advertising and promotion services are specifically made integral part hereof.

Products – means the goods of FORTUNE COMPANY to be advertised and promoted by the Artist as described in the
Products Listing Document attached as “Annex A” in this contract.

Services – means all the promotional and advertising services that the Artist will provide in accordance with this agreement.

Warranty – the period of one (1) year from the signing of the contract.

II. Responsibilities of the Parties

FORTUNE COMPANY’S RESPONSIBILITIES:

The Company engages the services of the Artist for a period of one (1) year from the signing of the contract. The services
contracted shall include TV commercial ads and at least five (5) TV appearances to advertise the products of the Company.
The Company shall pay the service fee of the Artist and shall also shoulder all the expenses that will be incurred related to TV
shootings outside Metro Manila.

OBLIGATIONS OF FORTUNE COMPANY:

FORTUNE COMPANY agrees to indemnify and defend Ms. Maan Mendiola against all claims, proceedings, liabilities, costs,
or damages arising from any action or suit regarding the use of such items or products covered by this agreement.

MS. MAAN MENDIOLA’S RESPONSIBILITIES

The Artist agrees to:

A. Shoot the TV commercial advertisement outside of Metro Manila

B. Promote the products of the company through TV commercial advertisements, TV appearances subject to the
conditions provided in the Contract, and through other means, such as the social media e.g. Instagram, Facebook,
etc.

C. Continuously use the products of the company as long as the Artist advertises them and not to use a brand that is
different from those products.

III. Service Fee

Fortune Company shall pay MS. MAAN MENDIOLA the amount of FIVE MILLION PESOS (Php5,000,000.00).

The service fee covers only contracted services of the Artist for the TV commercial ads; no additional fee for the TV
appearances.

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For the purposes of this contract, TV commercial refers to a fundamental form of advertising that is broadcasted through the
television to market a product or effectively reveal the product or service’s characteristics to a specific demographic or
consumer base1 while appearances refer to an occasion when someone appears in public.2

IV. Terms of Payment

Fortune Company shall pay the sum of FIVE MILLION PESOS (Php5,000,000.00) within fifteen (15) working days, only upon
the presentation of the following documentary requirements:

1. Certificate or any document to prove the degree acquired from XXX Culinary School
2. Original Copy and Photocopy of Talent Agency Contract
3. NBI Clearance
4. Attestation of willingness to work outside Metro Manila

V. Representation and Warranties

To ensure that Ms. Maan Mendiola has finished a degree in a known culinary school, for this qualification is also one of the
reasons why the Company has engaged her services to promote the products of the Company, a certificate or any document
to prove the degree acquired from XXX Culinary School shall be submitted to the Company plus a warranty security
amounting to Three Hundred Thousand Pesos (Php300,000.00) for a period of one (1) year from the signing of the contract
shall also be given to the Company. The said warranty shall only be released after the lapse of the warranty period.

If MS. MAAN MENDIOLA receives notice from Fortune Company of any breach of warranty, then the former shall pay the
warranty security. The former shall have no any liability or obligation under the said warranty unless it receives a written notice
of breach not later than the expiry of the warranty period.

VI. Force Majeure

Neither party shall be liable for delay in the performance of their obligations under this agreement, either in whole or in part
due to force majeure, which shall mean fire, inundation, earthquake, lightning and other acts of Gods, legislation or
intervention of the Government, its instrumentalities and agencies, interference caused by war or the unanticipated imminence
thereof between nations.

In any event, the performance of such party’s obligation shall be suspended during the period that the force majeure persists
and shall be granted an extension of time for performance equal to the period of the delay subject to the condition that the
delaying party shall notify the other party in writing of the cause and the likely duration of the delay.

Either party may, if such delay continues for more that sixty (60) days, terminate this Contract and shall immediately give
notice in writing to the other. In such event, neither party shall be liable other by reason of such termination. Any cost arising
from delay due to force majeure shall be borne by the party incurring the same.

The acts or omission of one party causing the delay in the performance of the obligations of the other party under this
agreement shall not be considered as force majeure and the rights, remedies, and liabilities of the parties against each other
shall be defined by law and other terms and conditions of this agreement.

VII. Law and Jurisdiction

This agreement shall be deemed to have been executed and performed in, and shall be governed by, construed, interpreted
and the rights of the parties determined in accordance with the laws of the Republic of the Philippines. The parties hereby
consent and agree that the venue for any claim or cause of action arising out of, related to, or incidental to this agreement
shall be properly and exclusively tried in the applicable courts of Quezon City, Philippines, and the parties expressly waive any
and all rights which may arise concerning the rules of venue under the law.

VIII. Termination

Breach of any of the terms and conditions provided in this agreement shall cause the cancellation or termination of this
Contract and the guilty party shall be liable for damages.

IX. Miscellaneous Provisions

Any amendment or revision of any provision stated in this Contract shall be upon mutual agreement and approval of both
parties.

X. Effectivity

This contract shall take effect immediately upon signing hereof subject to the periods provided above and is valid until the last
day of the warranty period.

1
LAWS. TV Commercial Defined. Retrieved at https://commercial.laws.com/tv-commercial
2
Cambridge Dictionary. Appearance. Retrieved at https://dictionary.cambridge.org/us/dictionary/english/appearance

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XI. Separability Clause

In case any provision of this contract is declared void, invalid or ineffective, all the other terms not affected shall remain in full
force and effect.

THIS CONTRACT SHALL BE CONSIDERED EXECUTORY AND MUST BE FULLY SIGNED BY THE GENERAL MANAGER AND
THE EXECUTIVE VICE PRESIDENT, OTHERWISE, IT WILL BE CONSIDERED AS NULL AND VOID.

THE CONTRACTING PARTY acknowledges that he has fully read, understood and accepted all the terms of this CONTRACT
FOR ADVERTISING AND PROMOTION AGREEMENT and agrees to abide all the terms and conditions stated herein.

In WITNESS HEREOF the parties have signed this Contract for Advertising and Promotion Agreement this day of 20
at Quezon City, Philippines.

FORTUNE COMPANY CONTRACTING PARTY

______________________________ ________ _________________________________ _______
Authorized Signatory Date Signature over Printed Name Date

Witnesses:

_______________________ _____________________

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