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    Memorandum of Agreement

    Uploaded by

    Fahmie Pagayawan
    This 3-page Memorandum of Agreement is between IJC Buildworks Solution and Mrs. Bainorie Macud for the construction of a proposed 3-story residential building in Lumba Bayabao, Lanao del Sur, Philippines. Mrs. Macud invested 1 million pesos for the project. IJC Buildworks Solution will undertake the construction and Mrs. Macud can withdraw her investment after project turnover, along with a 1,000,000 peso return of investment and 30,000 peso monthly incentives from construction materials. The agreement outlines payment terms and responsibilities of both parties for the scope of works.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Memorandum of Agreement

    Uploaded by

    Fahmie Pagayawan
    183 views2 pages
    This 3-page Memorandum of Agreement is between IJC Buildworks Solution and Mrs. Bainorie Macud for the construction of a proposed 3-story residential building in Lumba Bayabao, Lanao del Sur, Philippines. Mrs. Macud invested 1 million pesos for the project. IJC Buildworks Solution will undertake the construction and Mrs. Macud can withdraw her investment after project turnover, along with a 1,000,000 peso return of investment and 30,000 peso monthly incentives from construction materials. The agreement outlines payment terms and responsibilities of both parties for the scope of works.

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    This 3-page Memorandum of Agreement is between IJC Buildworks Solution and Mrs. Bainorie Macud for the construction of a proposed 3-story residential building in Lumba Bayabao, Lanao del Sur, Philippines. Mrs. Macud invested 1 million pesos for the project. IJC Buildworks Solution will undertake the construction and Mrs. Macud can withdraw her investment after project turnover, along with a 1,000,000 peso return of investment and 30,000 peso monthly incentives from construction materials. The agreement outlines payment terms and responsibilities of both parties for the scope of works.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    183 views2 pages

    Memorandum of Agreement

    Uploaded by

    Fahmie Pagayawan
    This 3-page Memorandum of Agreement is between IJC Buildworks Solution and Mrs. Bainorie Macud for the construction of a proposed 3-story residential building in Lumba Bayabao, Lanao del Sur, Philippines. Mrs. Macud invested 1 million pesos for the project. IJC Buildworks Solution will undertake the construction and Mrs. Macud can withdraw her investment after project turnover, along with a 1,000,000 peso return of investment and 30,000 peso monthly incentives from construction materials. The agreement outlines payment terms and responsibilities of both parties for the scope of works.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    ROLAND JAY D.

    IMPERIAL
    IJC BUILDWORKS SOLUTION
    Memorandum of Agreement
    Page 1

    KNOW ALL MEN BY THESE PRESENTS:

    This AGREEMENT entered this _______day of _______2018 at ____________________


    By and between:

    IJC BUILDWORKS SOLUTION, a single duly organized and existing under and by the virtue
    of the Republic of the Philippines with the principal address at Cawayan, New Wahington
    Aklan, Philippines, herein represented by its President /CEO ROLAND JAY IMPERIAL of
    legal age, Filipino with residence at Cawayan, New Washington, Aklan, Philippines,
    hereinafter called to as the “IJC BUILDWORKS SOLUTION. “
    -and-
    MRS. BAINORIE MACUD , Filipino, Married and resident of HINAPLANON ILIGAN
    CITY, LANAO DEL NORTE ,PHILIPPINES, herein represented of this Contract.
    WITNESS

    WHEREAS, MRS. BAINORIE MACUD invested ONE MILLION PESOS for


    construction of PROPOSED 3 STOREY RESIDENTIAL BUILDING LOCATED AT LUMBA
    BAYABAO, LANAO DEL SUR , PHILIPPINES.

    WHEREAS, CONTRACT has indicated that it has the capacity and the ability to
    accomplish the works mentioned in the above Contract,

    WHEREAS, CONTRACT had offered JC BUILDERS to accomplish the works


    _____________

    mentioned herein and JC BUILDERS, based on said CONTRACT’s representation, accepted


    INVESTOR

    said offer.

    NOW, THEREFORE, for and in consideration of the foregoing premises, and the
    covenants and stipulations set forth herein, the parties have agreed as they do hereby
    agree as follows;

    1. SCOPE OF WORKS

    CONTRACT shall undertake the PROPOSED 3- STOREY RESIDENTIAL BUILDING


    LOCATED AT LUMBA BAYABAO , LANAO DEL SUR to IJC BUILDWORKS SOLUTION and
    shall not tract its obligation under this Agreement without the written authorization from
    or approval of IJC BUILDWORS SOLUTION. All works shall be undertaken in accordance
    with the approved Plan and Specs as Agreed. Technical specifications and drawings and
    the generally accepted standards of the construction industry. Before final acceptance by
    IJC BUILDWORKS SOLUTION the finished and completed works shall be free from excess
    WITNESS

    materials, debris, temporary structures and the like shall be turnover to IJC BUILDWORKS
    SOLUTION.
    Memorandum of Agreement
    Page 2

    2. PAYMENT TERMS AND CONDITIONS:

     Return of investment can withdraw after Project turn over.


     Php 1,000,000.00 is the (ROI return of investment) of the said Project.
     The investors also receive 3% (php 30,000.00) incentives per month from the construction
    materials.
     The investors can withdraw all her/his investment 6 months before with prior written
    notice or email.
     IJC Buildworks Solution has the right for all the works and Project implementation of the
    said project.

    IN WITNESS WHEREOF, the parties have hereto signed this Agreement on the date and place
    first written above.

    By: By:

    ROLAND JAY IMPERIAL MRS. BAINORIE MACUD


    IJC BUILDWORKS SOLUTION OWNER

    Signed in the presence

    ___________________________ ________________________

    ACKNOWLEDGEMENT

    Republic of the Philippines )


    ) S.S

    Before me, a Notary Public for and in _______________this________day of


    ________________2018, personally appeared:

    Know to me and to me known to be the same person who executed the foregoing instrument
    and acknowledged to me that the same in their free and voluntary act and deed and that of the
    corporation. This instrument which refers to a MEMORANDUM OF AGREEMENT contains
    Three ( 3 ) pages including the page on which this acknowledgment is written and signed by the
    parties and their instrumental witnesses on each and every page hereof.

    WITNESS MY HAND AND SEAL on the date and place.

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