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WITNESSETH-
That the TSKI and Opportunity Kauswagan Bank, Inc. (OK Bank)
executed and concurred a Memorandum of Agreement (MOA) pertaining to
the salary loan package for the purchase of a motor vehicle to be exclusively
extended by the latter to the employees of the former;
That TSKI’s employees now avail of such loan facility and the above-
named employer-borrower’s loan application has been approved with the
following details:
a) Total Loan Amount: _____________________
b) Monthly Interest Rate: ___________________
c) Loan Period: _____________________
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b) Covered Period: ___________ to ____________.
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“Employee-Borrower” on the latter’s Term Loan with the OK Bank, and
that “Employee-Borrower” shall fully indemnify “TSKI” in the event
“Employee-Borrower” shall or may have suffered the same under the
premises.
10. That the parties herein shall execute such documents and papers
as maybe required of each other to make effective the agreements
herein as well as the terms and conditions hereof.
IN WITNESS WHEREOF, the parties have hereunto set their hands on the
date and place above written.
ACKNOWLEDGMENT
BEFORE ME, Notary Public, in the City of Iloilo, Philippines, this ____
day of ___________ 2019 personally appeared:
Competent
Name Evidence Of Date/Place Issued
Identity
ANGELO B. SOLARTE
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