MEMORANDUM OF AGREEMENT

This MEMORANDUM OF AGREEMENT made and entered into this 4th (date) in
(place) and Between:

(company name), a duly registered business entity, duly organized and existing under
laws of the pRepublic of the Philippines, with principal office address at________
representative herein by (name of representative), as General manager) hereinafter
referred to as the First Party.”

And

(wcc trucking services), a duly registered business entity duly organized and exiting
under the laws of the Republic o fthe Philippines with principal office address
at_________ represented herein by (rep name) hereinafter referred to as the “SECOND
PARTY”

WITNESSETH:

WITNESSETH:

WHEREAS, the FIRST PARTY is engaged in the business of transporting freight

from Daet,Camarines Norte to any point in the Philippines;

That the SECOND PARTY desires to engage the services of the FIRST PARTY
in transporting his goods, particularly coconut products;

WHEREFORE, in consideration of the mutual covenants and agreements set

forth herein, the parties do hereby agree as follows:

1. This agreement shall be valid for a period of ONE (1) YEAR commencing on
November 1, 2016, and may be renewed thereafter upon agreement by the parties;

2. The FIRST PARTY hereby agrees to furnish and operate his motor vehicle
with Make/Type: _____________________________ and Plate No. __________
together with drivers to deliver coconuts to be transported from Brgy. Tulay na Lupa,
Labo,Camarines Norte to Quezon province as may be specified by the SECOND
PARTY;

3. That for the full and proper performance of each trip made by the FIRST
PARTY, the SECOND PARTY agrees to pay the former the rate of 80 Philippine
centavos(Php00.80) per kilogram of coconuts to be transported, payable upon
completion of the delivery of said coconuts by the FIRST PARTY;

4. That the SECOND PARTY shall secure the services of the FIRST PARTY at
least FOUR (4) TIMES a month;

5. That the FIRST PARTY binds himself to make available any of his vehicles
upon priornotice and whenever needed by the SECOND PARTY for the transporting of
his goods and products within the duration of this agreement.

6. That the FIRST PARTY shall exercise the diligence required of him in the
conduct ofhis operations, and any loss caused to the SECOND PARTY owing to delay,
negligence, or imprudence on the part of the FIRST PARTY or his agent/driver shall be
at the expense of the FIRST PARTY, in accordance with existing laws governing and
applicable to public carriers;

7. This agreement does not in any way create an employee-employer

relationship betweenthe parties.

IN WITNESS WHERE OF, the parties have hereunto set their hands this
_______________, in Daet, Camarines Norte