MEMORANDUM OF AGREEMENT

This agreement is entered into by and between.

A. THE PARTIES

FEBC Christian Radio City Manila-Ortigas PHILIPPINE STATISTIC AUTHORITY

46/F One Corporate Center
Doña Julia Vargas cor. Meralco Avenue
Ortigas Center , Pasig City 1605
Hereinafter referred to as “FEBC”
ALBAY PROVINCIAL STATISTIC OFFICE
3RD Floor Enterprise Bldg.
Landco Business Park,
Brgy. 36 Capantawan, Legaspi City 4500
Hereinafter referred to as “SUPPLIER”

The above-named Parties hereby commit to faithfully carry out and fulfill their respective undertakings,
as stipulated herein.

B. PROGRAM TITLE, SCHEDULE AND DETAILS

Program Title ARANDUYOG SA PAG-USWAG

Starting Time April 20, 2015 Ending Date September 28, 2015
Language BICOL/TAGALOG Length of Program ONE HOUR
Airing Day(s) Monday Airing Time(s) 10:30-11:30AM

C. AIRTIME COST/REFUND INFORMATION

Cost per Airtime Php 00.00 per 30 minutes airing
Number of Airings 24 AIRINGS, 4x PER MONTH
Total Monthly Refund PH 0.00 in exchange of providing a resource
person

TERMS AND CONDITIONS

1. FEBC shall make available one of its recording studies for the Supplier to record the program,
“ARANDUYOG SA PAG-USWAG”.

2. FEBC shall broadcast the above-mentioned program over FEBC CARE 88.3 THE WAY-FM during
the times and days indicated in Table B above.

3. The Supplier shall provide FEBC the program for airing through FEBC CARE 88.3 THE WAY-FM. The
Supplier shall provide FEBC with at least one (1) month of advance program materials that are
fully-produced and ready for broadcast at least two (2) weeks before the scheduled airing date.

4. FEBC’s required format for digitally-converted programs as a follows:

 For Programs on CD’s For Programs Downloaded through FTP
Audio-Format .wav file Compression Mpeg3
Sampling Rate 44.1 Bit Rate 128kbps
Resolution 16 bit Mode Mono
Burning Speed 8x Frequency 2250khz
Mode Mono Size Depend on program
CD Capacity 700mb

5. FEBC has the right to edit the program before its airing schedule if it deems necessary to uphold
broadcast standards.

6. Under normal circumstances, a written notice of thirty (30) days prior to airing date will be sent
to the Supplier by FEBC before any change in schedule is made in cases of special broadcasts,
emergencies, force majeure, natural calamities or other exigencies, FEBC shall have the right to
defer, suspend, pre-empt or cancel the program’s regular airing without prior to the Supplier.

7. FEBC is non-profit, non-commercial radio station. Therefore any monetary compensation

received from the Supplier is not considered payment. It is a refund intended to defray the cost
of operations.

8. Any non-broadcast event such as seminars, public gathering’s, promotions, concerts, etc. to be
undertaken in relation to the program shall be mutually agreed upon by both parties in writing
thirty (30) days prior to the date of the said event(s).

9. The Supplier hereby agrees and conforms to FEBC’s Statement of Faith, Ministry Model and
Philosophy and Programming Focus as stated in the FEBC Programming Manual and Guidelines
for All Producers, Announcers and Partners. As such, the Supplier’s representative(s) must
undergo FEBC’s Programming Orientation prior to availing of its broadcast privileges under this
agreement.

10. FEBC, being a member of the Kapisanan ng mga Brodkaster ng Pilipinas (KBP), requires the
Supplier to abide by the KBP Broadcast Code of the Philippines. Any Live On-Air Talents used by
the Supplier should be duly recognized and authorized by FEBC and should be accredited by the
KBP.

11. Following the start of the program’s broadcast, the Supplier shall submit to FEBC a monthly report
which should include the following data:

a. Number of responses received from its target audience whether via e-mail, text messages,
social network and/or letters.
b. Demographic profile of all responses.
c. Listener’s feedback.
d. Program production challenges.
 e. Program highlights, and
f. Other matters as may be discussed with FEBC

12. FEBC will conduct a Program Audit or Evaluation after the second month of airing to determine
the program’s effectiveness and continuing correlation to FEBC’s programming directions. The
results of the audit/evaluation will be discussed between the representatives of both parties to
coordinate any changes moving forward.

13. This Agreement shall be in force for a period of six (6) months starting April 20, 2015 and shall
automatically expire on September 28, 2015. Any extensions and/or renewal shall be mutually
agreed upon in writing thirty (30) days prior to the expiration of this Agreement.

14. This Agreement may be terminated by either party provided a written notice is submitted by the
concerned party thirty (30) days prior to the intended date of termination. FEBC retains the right
to cancel, suspend, revoke or pre-terminate this Agreement without prior notice should the
Supplier, the program and its assigns fail to abide by FEBC’s policies or upon breach of the terms
and conditions stipulated herein. Notwithstanding this provision, both parties hereby commit to
exercise their rights and prerogatives in a fair, honest and judicious manner.

15. Throughout the effectively of this Agreement, both parties shall maintain close coordination to
ensure that the program sufficiently meets FEBC’s broadcast needs and objectives.

16. Philippine law shall govern the relationship of the parties herein and shall apply to the
construction and interpretation of the provisions in this Agreement. If any provision in this
Agreement is held invalid or unenforceable, such invalidity or unenforceability to this Agreement.

17. Biblical conciliation, mediation and arbitration shall be a condition precedent prior to the filing
of any legal action, case or claim arising in relation to this Agreement.

18. Any original action or proceeding field in relation to this Agreement shall only be exclusively
instituted in the proper courts of Pasig City.
IN WITNESS WHEREOF, the representatives of both parties hereby affix their signatures below this
day of , 2015.

FAR EAST BROADCASTING

COMPANY (PHILS.), INC. Supplier
FEBC

By: DAN ANDREW S. CURA By: CYNTHIA L. PERDIZ

President & Managing Director Interim Regional Director

SIGNED IN THE PRESENCE

RAQUEL C. LANDONG CECIL G. BRONDIAL

Station Manager Statistician II / Interim Provincial
Statistician Officer

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public for and in , personally appeared:

1.
2.

Known to me the same persons who executed for foregoing instrument and acknowledged to me that the
same is their free and voluntary act and deed and that of the company herein mentioned. This instrument
consists of pages including the page on which this acknowledgement is written and signed
at the end hereof and at the left hand margin of each and every page by the parties and their witnesses
and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, this day of 2015 at , Philippines.

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