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ÇؿܳóÁö°è¾à moa

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TZ-SHR-163971
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2014.07.07
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1. KNOW ALL MEN BY THESE PRESENTS

2. WITNESSETH

3. PAYMENT OF LEASE


4. DURATION AND EFFECTIVITY

5. IF IN CASE

6. IN THE PRESENCE OF

7. ACKNOWLEDGEMENT

memorandum of agreement  know all men by these presents:  
this agreement made and entered into at , province of oriental mindoro, philippines by and between:
cc-cor agri international corporation represented by mr.baek sun gi / korean / director of cc-cor agriculture in korea as mother company with branch office at barangay talisay, tiaong, quezon province, philippines, herein known as the first party;
-and-

hon. mayor ronaldo m

morada, authorized representative of the municipality of bansud, oriental mindoro, married also of legal age, filipino, resident of barangay poblacion bansud , oriental mindoro, herein known as the second party. witnesseth:  
that , the first party engaged business of various agricultural plantation such as but not limited to palay, corn and other vegetables crops suitable for agriculture here in the philippines through company manage either by leased or percentage share with land owners.
that the second party is the registered owner of a parcel of land situated at barangay conrazon bansud , oriental mindoro with an aggregate area of 401 hectares covered by transfer certificate of title no.with tax declaration no.;
that said area is cogonal and idle land, no crops planted therein but suitable for agriculture;
that, the first party is willing to develop said property into plantation of any agricultural products specially corn and palay as principal crops through leasehold agreement or sharing system with in the period of time available for the second party;
that, the second party is granted a permission to operate about 400ha for cultivate, develop and construct any improvements which is necessary for the operation of different kind of legal crops wanted to plant by the first party with in the period 15 years(fifteen yeas) and first party developingt said area partly for about 100 ha for ease to management.
payment of lease  the first party shall pay as to below;  
@1,500 pesosthe first year.
@2, pesosthe second year.
@2,500 pesosfrom third year after word(from third year untill period of this contract sheet).
duration and effectivity  
this agreement shall take effect upon its notarization and shall terminate upon the due date indicated above with out prejudice;
if in case  
that, some occupants in the area the first party will respect its actual position and will inform the second party for negotiation and for settlement:
that, the second party will construct some government project in any part / portion of land covered by this instrument, the first party may not oppose after harvest with in the area of 400 ha hectares necessary for the implementation of said project.
in case, second party help to contract the private landbeside of said area and cooperate the heavy equipiments to develope the land, i,e, suply the heavy equipiments to develope the irrigation, road and other of construction.
in witness whereof , we hereto affixed our signature this of 2010 at , philippines.
  

mr. baek sun, gi / director hon

ronaldo m. moradacc-cor agri intl.corp.municipal mayor  first party second party  in the presence of     mr.kim hong suk edmundo c.ramintas  board of director parccom member  ngo representative  acknowledgement  
before me, this day of 2010, personally appeared the first party and second party known to me to be the same persons who excuted the foregoing instrument and they acknowledge to me that the same is their free and voluntary act and deed.   (ÀÌÇÏ »ý·«)

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