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ARELLANO UNIVERSITY SCHOOL OF LAW

ARTICLES OF
PARTNERSHIP OF
LEONARDO, ORTEGA,
PADLAN AND
ASSOCIATES

MEMBERS:

Leonardo, Riccon
Liberato, Armand
Liongson, Inah*
Lorenzo, Liz
Malubay, Karol
Manigbas, Joyce
Martin, Ma. Faith
Mendoza, Jomaelene Anne
Padlan, Shaunna Mae
Ortega, Kimberly Mickey

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ARTICLES OF PARTNERSHIP OF

LEONARDO, ORTEGA, PADLAN AND ASSOCIATES

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PARTNERSHIP AGREEMENT

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 genaral professional partnership for the practice of law in the
Philippines under the following terms and conditions:

AND WE HEREBY CERTIFY:

ARTICLE I. Partnership Name: That the name of this partnership shall be


“LEONARDO, ORTEGA, PADLAN and ASSOCIATES” which shall appear in the
stationery of the firm and upon all pleadings, communications and correspondence
relating to its affairs.

ARTICLE II. Business Purpose: That the purpose for which the partnership is formed
is exclusively the practice of law.

ARTICLE III. Principal Place of Business: That the firm’s principal office address
shall be at 1234 Riccon Building, Rufino St., Legazpi Village, Makati City.

ARTICLE IV. Term of Existence: That the partnership shall exist from date of
approval of the Partnership Agreement by the Securities and Exchange Commission
until revoked by mutual agreement of the partners, which revocation shall be made in
writing.

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


residence addresses of the partners are as follows:

Name Nationality Complete Residence Address


RICCON LEONARDO Filipino 99 Lily St., Brgy. Marshall,
Quezon City, Metro Manila
MICKEY ORTEGA Filipino 8 Dobby St., Brgy. Draco,
Mandaluyong City, Metro
Manila
SHAUNNA MAE PADLAN Filipino 786 Park St.., Brgy. Baltic,
Makati City

That SHAUNNA MAE PADLAN is single and therefore needs no marital consent.

ARTICLE VI. Capital Contributions: That the capital of this Partnership shall be
the amount of TEN MILLION PESOS (P10,000,000), Philippine Currency, contributed
in cash by the partners, as follows:

Name Amount
Contributed
RICCON LEONARDO 9,000,000
MICKEY ORTEGA 500,000
SHAUNNA MAE PADLAN 500,000

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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 and subject to the following provisions:

1. Retainer’s Fees:

All fees collected from individual retainers regularly or on a monthly basis shall
form part of the common fund.

2. Attorneys’ Fees:

All fees collected from cases which are litigated, mediated, counseled, settled or
otherwise handled by a partner shall be distributed as follows:

10% - to the partner who brought in or introduced the case;


40% - to the partner handling the cases; and
50% - to the common fund.

3. Common Fund:

The common fund shall take care of the operating expenses and expenditures
incurred for office rent and light, salaries of employees, drawing allowances of partners,
upkeep of the library, office supplies, equipment, stationery, mail matters, transportation
of office personnel relating to the affairs of the partnership, and other ordinary current
expenses. Liquidation of the common fund shall be made in June and December of each
year, or at any time upon unanimous consent of all the partners.

Balances, if any, at the time of liquidation shall be divided among the three
partners in accordance with their private agreement and losses shall be also apportioned
among them in the same manner.

4. Books and Office Equipment:

All the partnership assets existing upon the signing of this agreement consisting
of books, office equipment (computers, telephones, tables and chairs, etc.) belong
exclusively to RICCON LEONARDO

Only those assets which may be purchased thru partnership funds from the time
this Partnership Agreement is approved by the Securities and Exchange Commission
shall be considered as partnership property.

ARTICLE VIII. Management: That this partnership shall be under RICCON


LEONARDO, as General Manager, who shall be in charge of the management of the
affairs of the company. He shall have the power to use the partnership name and in
otherwise performing such acts as are necessary and expedient in the management of
the firm and to carry out its lawful purposes.

ARTICLE IX. Undertaking to Change Name: That the partners undertake to change
the name of this partnership, as herein provided or as amended thereafter, immediately
upon receipt of notice or directive from the Securities and Exchange Commission that
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another corporation, partnership or person has acquired a prior right to the use of that
name or that the name has been declared as misleading, deceptive, confusingly similar
to a registered name, or contrary to public morals, good customs or public policy.

IN WITNESS WHEREOF, the partners herein have hereunto set their hands this
th
20 day of November 2018, in Makati, Metro Manila, Philippines.

RICCON LEONARDO MICKEY ORTEGA


Partner Partner

SHAUNNA MAE PADLAN


Partner

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Signed in the Presence of:

ARMAND LIBERATO LIZ LORENZO


Witness Witness

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


MAKATI, METRO MANILA ) S.S.

BEFORE ME, a Notary Public in and for Makati, Metro Manila, Philippines,
personally appeared:

Name Res. Cert. No. Issued at/on

RICCON LEONARDO 91234392 Quezon City 2/6/ 2015


MICKEY ORTEGA 12232187 Mandaluyong 5/7/2016
SHAUNNA MAE PADLAN 73927382 Makati 2/10/2015

known to me and to me known to be the same persons who executed the foregoing
instrument and who acknowledged to me that the same is their own voluntary act and
deed.

IN WITNESS, I have hereunto set my hand and affixed my notarial seal on this
th
20 day of November, 1992 in Makati, Metro Manila, Philippines

_____________________
_______
ANDRES DE BORJA
Notary Public

Doc. No. 10;


Page No. 02;
Book No. 18;
Series of 2018.

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