SUBSCIPTION CONTRACT
KNOW ALL MEN BY THESE PRESENTS:
This subscription contract is made an entered this ______ day of _____ by and
between:
_________________________________, a corporation organized and existing
under the laws of the Philippines, with principal office address at
__________________________, duly represented by its President
_______________, of legal age, Filipino and resident of ____________________
(referred herein as, “Corporation”)
and
______________________, of legal age with residence at _________________
(referred herein as, “Subscriber”).
WITHNESSETH: THAT –
WHEREAS, the Corporation has an authorized capital stock of ____________
(P _____).
WHEREAS, on _____________, the board of directors and stockholders of the
Corporation have approved the increase of its authorized capital stock to
__________________ (P ____) divided into _________________ (______)
shares, with a par value of ________________ (P ____), per share.
WHEREAS, the Corporation has offered to sell shares of stock from the said
increase of capital and the Subscriber is willing and ready to buy the same.
NOW THEREFORE, in consideration of the foregoing and the subscription price
indicated hereunder:
1. The Corporation has issued to the Subscriber the following shares of stock:
NO. OF SHARES SUUBSCRIPTION PRICE
____________ _________________
2. Of the subscription price, the Subscriber has paid to the Corporation the amount
of ________________ (P __________) in CASH.
3. That said amount paid was duly received by the Treasurer of the Corporation.
4. The parties herein confirm the foregoing, upon the signing of this subscription
contract.
IN WITNESS WHEREOF, the parties have hereunto signed this subscription contract
on the date above stated.
_______________ _______________
CORPORATION SUBSCRIBER
BY ___________________
PRESIDENT
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
) S.S.
BEFORE ME, a Notary Public in and for ________________ Philippines, this
____ day of ______, 20__ personally appeared:
Name TIN / ID/ Passport No. Date & Place Issued
EARL HANSEL C. CHANFOO TIN No. 228-222-522
RICHARD C. FOO TIN No. 302-197-128
all known to me and to me known to be the same persons who executed the foregoing
Subscription Contract and they acknowledged to me that the same is their free and
voluntary act and deed.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official
notary seal on the date and at the place first above mention.
NOTARY PUBLIC
Doc. No. ____;
Page No. ____;
Book No. ____;
Series of 2018.