BROKER APPLICATION FORM

BROKER NETWORK GROUP

Complete Present Address: Zip Code: Country:

Residence Phone No: Mobile No: Fax No. Email Address:

Date of Birth: Place of Birth: Religion: Citizenship: Sex:

Valid Gov’t ID: Issued by: (Name of Gov’t Agency) Place Issued: Valid From: Valid To:

Tax Identification Number (Tin #)/ Vat or Non Vat Social Security Number (SSS #): Realty Name: Broker Alliance (i.e. REBAP, PAREB etc.)

Business Address: Zip Code:

Business Phone No: Fax No. Name of Spouse: Civil Status:

R E A L E S T A T E B R O K E R’ S L I C E N S E I N F O R M A T I O N
PRC License #: Issued by: (Name of Gov’t Agency) Valid From: Valid To: Place Issued:

HLURB License #: Issued by: (Name of Gov’t Agency) Valid From: Valid To: Place Issued:

COMMITMENT
Gentlemen:

I / We hereby manifest my / our interest to be accredited as non-exclusive Sales Broker to sell R & A PROPERTY DEVELOPMENT CORPORATION projects.

I / We am / are willing to undergo the regular sales briefing / seminars that the developer will conduct. Likewise, I/ We will follow the procedures and policies of the
developer and such procedures and policies that will set, from time to time, concerning the sales guidelines.
2x2
ID PICTURE
Furthermore, I hereby commit to abide by, and/or achieve the following as the basis of my accreditation:

 Abide by the Accreditation Agreement and Code of Ethics governing accredited Brokers and its assigns:
 Attain the required sales production set by the management of R&A and its assigns:
 Activity participants in all sales and marketing activities of R&A and its assigns:

I understand that failure to satisfy any of the aforementioned conditions and any false statements / information herein may be grounds to disapprove my application for
accreditation.

SIGNATURE OVER PRINTED NAME DATE

CONFORME: RECOMMENDED BY: NOTED BY: APPROVED BY:

_______________________________________________________ __________________________________________________________ __________________________________________________________ _________________________________________________________

ACCREDITED BROKER BROKER NETWORK MANAGER SALES OPERATIONS DEVELOPER
(SIGNATURE OVER PRINTED NAME) (SIGNATURE OVER PRINTED NAME) (SIGNATURE OVER PRINTED NAME) (SIGNATURE OVER PRINTED NAME)

LIST OF REQUIREMENTS

INDIVIDUAL BROKERS (Sole Proprietor, Partnership) INSTITUTIONAL BROKERS (Corporation)

Properly Filled-out and Signed Documents: Properly Filled-out and Signed Documents:
 BROKER APPLICATION FORM  BROKER APPLICATION FORM
 ACCREDITATION AGREEMENT  ACCREDITATION AGREEMENT
 BROKERS ACCREDITATION GENERAL POLICES  BROKERS ACCREDITATION GENERAL POLICES
Submit a photocopy of the following requirements:
Submit a photocopy of the following requirements:  BIR 2303 CERTIFICATE OF REGISTRATION
 REAL ESTATE BROKERS LICENSE (PRC & HLURB)  PHOTOCOPY OF SAMPLE OFFICIAL RECEIPT
 BIR 2303 CERTIFICATE OF REGISTRATION  DTI REGISTRATION (Sole Proprietor)
 PHOTOCOPY OF SAMPLE OFFICIAL RECEIPT  SEC REGISTRATION (Partnership)
 1 VALID GOV’T ISSUED ID w/ PHOTO & SIGNATURE  ARTICLES OF INCORPORATION & BY LAWS
 DTI REGISTRATION (Sole Proprietor)  SECRETARY’S CERTIFICATE / BOARD RESOLUTION
 SEC REGISTRATION (Partnership)
 ARTICLES OF PARTNERSHIP (Partnership) FOR AUTHORIZED REPRESENTATIVE
Submit a photocopy of the following Representative
ID Pictures with White Background. Business Attire or with Collar:  REAL ESTATE BROKERS LICENSE (PRC & HLURB)
 1 pcs. 2 x 2 ID PICTURES  BIR 2303 CERTIFICATE OF REGISTRATION
 1 VALID GOV’T ISSUED ID w/ PHOTO & SIGNATURE

ID Pictures with White Background. Business Attire or with Collar:

 1 pcs. 2 x 2 ID PICTURES

R&A BROKER NETWORK – Broker Application Form

 BROKER’S ACCREDITATION FORM

PROFILE OF BROKER

Name:
If Broker Institution, Name of Company:
Office Address:
Tel. No/s:
Residence Address:
Tel. No/s:
PRC No Expiry Date
HLURB No Expiry Date

CONDITIONS:

1. That R&A PROPERTY DEVELOPMENT CORPORATION reserves the right to approve the Letter Offer/Term Sheet of any
transaction resulting from our listing prior to presentation to a client for closing;

2. That the selling price is based on the current price list issued to you, subject to price increases from time to time without
prior notice;

3. That the sale shall be made in accordance to the payment term/s designed and approved by R&A PROPERTY DEVELOPMENT
CORPORATION. Receipt of cash payments at the broker’s end is strictly not allowed.

4. That should the sale for all projects be consummated, an Institutional/Broker House or Individual Broker is entitled to a
commission equivalent to FIVE PERCENT (5%) inclusive of VAT.

5. That the above-mentioned commission net of withholding tax shall be released only upon your compliance with the existing
commission release policy.

6. That you are appointed as our NON-EXCLUSIVE Real Estate Broker to sell all R&A PROPERTY DEVELOPMENT
CORPORATION projects which we are authorized to sell.

7. That your appointment is valid for One (1) year from approval hereof, unless terminated for cause.

8. That you agree and will abide by all the rules and regulations of R&A PROPERTY DEVELOPMENT CORPORATION as
hereby attached in (Annex A) subject to change without prior notice.

CONFORME: NOTED BY:

(Signature over printed name) Signature over printed name

Accredited Broker Broker Network Manager

Date: Date:

APPROVED BY:
R&A PROPERTY DEVELOPMENT CORPORATION

Signature over printed name

Developer
Date:

R&A BROKER NETWORK – Broker Accreditation Form

General Policies Regarding Accreditation of Brokers

1. Prerequisites for Accreditation

Brokers who wish to be accredited by R&A PROPERTY DEVELOPMENT CORPORATION for the purpose of marketing and selling units, and such other
products resulting must submit through Broker Network Manager, the following requirements for accreditation:
1.1 Required documents for submission.
i. Photocopy of license as a real estate broker issued by PRC
ii. Photocopy of Real Estate Broker’s License ID issued by HLURB
iii. Photocopy of Certificate of VAT Registration and proof of TIN
iv. Photocopy of Passport or any 1 valid Government-issued ID
v. Other documents that may be required

Additional Documents for Broker Institutions whether Corporation/ Partnership/ Association:

vi. One (1) pc. 2x2 ID pictures (white background taken within last 3 months).
vii. Photocopy of Certificate of Registration issued by SEC/DTI
viii. Photocopy of Articles of Incorporation / By-Laws
ix. Photocopy of Secretary’s Certificate or Board/Partnership Resolution Authorizing Accreditation

1.2. An application letter, signifying therein the broker’s undertaking to comply with these General Policies and the guidelines governing the sale of
units or lots for each project which may be issued from time to time, as well as such other policies, rules and regulations, which may be
prescribed and together with said application letter, an original of this document duly concurred and signed by the broker.

1.3. Notwithstanding complete submission of the foregoing requirements, a broker shall not be deemed authorized to market and sell lots or units
without the expressed written approval of the broker’s application for accreditation.

1.4. A broker who has submitted the foregoing requirements to the satisfaction of R&A and whose application for accreditation has been expressly
approved in accordance with the Section 1.2, 1.3 and 1.5.

1.5. Any accredited broker may renew his/her accreditation upon the submission of updated copies of the foregoing requirements and any other
documents required from time to time. The renewal of the broker’s accreditation shall be effective only upon the expressed written approval.

2. Properties Offered

Brokers shall be advised of such projects/ properties, which they may offer for sale on a first-come-first serve basis in accordance with the relevant
guidelines governing sale of lots or units for each project. The accreditation of the broker is not a blanket authority to sell.

3. Price and Terms of Payment

Prices and terms of payments applicable to the sale of units shall be advised to accredited brokers from time to time. Prices and terms of payment are
subject to change without prior notice. Accredited Brokers should contact R&A Corp. from time to time to be updated of any new developments on the project and
the units or lots therein, particularly changes in available inventory and prices, if any.

4. Basis of Allocation of Units / Lots / Club Shares

4.1 The Broker shall make unit reservation thru the Sales Operation Group either by phone, SMS or email. Details of check or payment should be disclosed in
order to reserve the unit.

4.2 Reservation Fee/Check shall be transmitted within the day or the following working day at most together with all required documents for the booking of
sale.

4.3 Prior reservation of units or lots or registration of buyers will not be honored unless the reservation fee / deposit is paid by the buyer. For this purpose, if
payment were to be made in the form of a check, only cleared check(s) issued by the buyer shall be honored. Brokers’ check shall not be honored.

4.4 Allocation of units, lots or club shares will be made on a first-come-first-serve basis to be determined based on the time at which the buyer remits the
reservation fee / deposit.

5. Commission

5.1 Brokers Entitlement to Commission

5.1.1 The broker hereby agrees to comply with the client registration policy for the purpose of crediting to the broker all sales, which have
been initiated by the latter. Failure by the broker to comply with said client registration policy shall be a ground for non-crediting of sales and
commissions at the sole discretion of R&A.
5.1.2 The name of the buyer in the registered sale should be the same name registered by the broker claiming for commission.
5.1.3 R&A shall recognize the broker who delivers the buyer’s check and has prior registration of the buyer together with a duly accomplished
reservation agreement signed by both buyer and the broker in order to recognize the broker as entitled to the commission pertaining to the sale. A
broker cannot claim credit for the sale of a unit, or lot once buyer’s check has been accepted directly by R&A unless there is prior registration of the
client.

5.2 Basis for Computation of Commission

Commission shall be based on the selling price of the project/property. Selling price is defined as the contract price of the Project/Product,
exclusive of Philippine Value-Added Tax.

All taxes accruing on the receipt by an accredited broker of the commission which may be due to said broker’s account, shall be subject to
payment of creditable withholding tax (CWT). The broker authorizes R&A to withhold the corresponding creditable withholding tax due on the
commission and to remit the same to the Bureau of Internal Revenue or its successor agency.
 The following amounts are not considered as part of the selling price for the purpose of determining the commission:
i. Amount received as interest, penalty or liquidated damages under the relevant terms of agreement;
ii. Amount received as forfeitures, indemnities or damages arising out of a breach of the terms of sale, by the client, whether such
amount is received as a result of litigation of its claim or in settlement or compromise thereof, or otherwise;
iii. Registration fees, documentary stamp tax, transfer fees and other costs and expenses to be incurred in the registration of the title
under the name of the client;
iv. Dues, charges, assessments or other amount collected for the use, repair, maintenance or operation of the utilities or facilities
intended for the common use of the client/purchaser to which the project/product pertains, or for payment to the government or
other parties;
v. Amounts received as intended for Proprietary share or playing rights.
vi. Furniture and Fixtures, in the case of a fully furnished units, unless expressly stated otherwise.

5.3. Conditions for Release

5.3.1 The broker shall only be entitled to payment of commission upon submission/compliance of the following:

 Buyer’s payment milestones illustrated below:

i. Five percent (5%) of the Contract Price constitutes release of the 1st twenty five percent (25%) of the Broker’s commission;
ii. Ten percent (10%) of the Contract Price constitutes release of 2nd twenty five percent (25%) of the Broker’s commission;
iii. Twenty percent (20%) of the Contract Price constitutes release of the remaining fifty percent (50%) commission;

5.3.2 The broker must deliver the cash or checks payable to R&A covering the Contract Price, payment for Value Added Tax, registration and
transfer fees and other charges in connection with the sale including all required documents from clients duly accomplished.

5.3.3 In case of payment in checks, it will only be considered as payment once the check payments are cleared by the bank. Mere acceptance and
deposit of checks by R&A shall not be construed as payment;

5.3.4 Submission of signed Contract to Sell or Deed of Sale, as the case may be;

5.3.5 Submission of all required checks or post-dated checks;

5.3.6 Upon release of the commission, accredited brokers shall be required to issue a receipt or invoice duly registered with the Bureau of Internal
Revenue indicating therein the Taxpayer’s Identification Number and VAT-registration number of said accredited broker.

5.4 Conflict of Sale

5.4.1 Where two or more buyers / brokers are physically present at the office / premises of R&A Corp. for the purpose of remitting a payment for
the same unit or lot, and said buyers/brokers have the following requirement at hand:

a. Check ready for deposit within the day.

b. Signed reservation agreement
c. Signed payment schedule
d. Valid ID

Priority will be determined by the time they have registered the buyer to the Sales Operations Group. First to reserve will be given priority. The
time of actual arrival of a buyer or broker at the R&A office before the start of business hours shall not indicate priority.

5.4.2 The broker hereby agrees to comply with the client registration policy of R&A for the purpose of crediting to the broker all sales, which have
been initiated by the latter. Failure by the broker to comply with said client registration policy shall be a ground for non-crediting of sales and
commissions at the sole discretion of R&A.

5.4.3 In case of a dispute, R&A reserves the right to withhold any commission payments until after an investigation and arbitration shall have been
conducted and all claimants have been afforded an opportunity to be heard. A decision or resolution by R&A on the issue of entitlement and
payment of commission shall be deemed final and executory and thus binding on all claimants.

6. Broker’s Duties and Responsibilities

6.1. Sales Related

6.1.1 Brokers should duly inform their respective prospective buyers of the terms and conditions of the sale, as contained in the relevant sales agreements
for a particular project, the covering deed of restrictions, or master deed for a particular project and other policies that may be relevant to the purchase
of projects In this connection, the broker shall be responsible for the site tripping, obtaining updates and other information from the Broker Network
Manager as well as new developments on the projects particularly changes in available inventory and prices, if any.
6.1.2 Submission of all pertinent information on the buyer and documents required to effect the sale and registration thereof shall be the responsibility of
the broker. The broker shall render full assistance and service in concluding sales to the point where reservation and full down-payments are collected,
reservation document and contract to sell duly signed, post-dated checks delivered, and executive of other requirements necessary to be able to
legitimately book the transaction as a sale.

6.1.3 It shall be the duty and responsibility of a broker to ensure that payment on the sale of the units, facilitated by said broker are made to R&A on
their actual due dates, including payment of VAT, transfer tax, registration expenses, documentary stamp tax and other fees and expenses on the sale
and registration thereof, as well as association dues, interest and penalties, real property tax and other related fees and expenses the payment for which
may be advanced by R&A as its sole option.

6.1.4 The Broker shall provide a list of its agents who will be assigned and service the project.

7. Brokers’ Behavior and Prohibited Acts

7.1 Accreditation with and by R&A is a privilege granted by R&A, which can be withdrawn at any time at the discretion of R&A. Accredited sales agents
are therefore expected to act with utmost integrity and professionalism, always upholding the interest of R&A above their own.

7.2 Brokers are strictly prohibited from advertising or publishing in magazines, newspaper, radio, television, or any form of media any information
regarding R&A projects or the sale of units, or lots therein without prior written approval of R&A. All expenses for advertisement, when approved by R&A
shall be for the sole account of the broker.
 7.3 Accredited brokers are strictly prohibited from soliciting business from direct clients of R&A (a client is considered a direct client / buyer upon
submission of the reservation agreement that states they do not have a broker). In this regard, the broker shall exert reasonable effort to verify or
ascertain from R&A as to the status of his/her client.

7.4 A broker may, however, be recognized as the official representative of an existing R&A buyer for any succeeding purchases (whether in the same
project or a direct one) provided that he/she is given due recognition by the buyer as indicated in the reservation agreement. In the same light, a broker’s
recognized client for one sale may become a direct buyer of R&A for any succeeding sales should the client feel it to be in his/her best interest to do so.
Any violation of this prohibition shall be a ground for the automatic cancellation of the erring broker’s accreditation including forfeiture of any unreleased
commissions.

7.5 Brokers are strictly prohibited from loitering in the project sites or staying in the project sites for extended periods without any official business.

7.6 Brokers are strictly prohibited from offering rebates to their prospective clients.

8. General Provisions

a. Any violation of the General Policies set forth herein, the guidelines governing the sales of R&A products for each R&A project, and such other policies,
rules and regulations which may be prescribed by R&A from time to time, and the commissions of such acts or deed as may, in the reasonable judgment
of R&A, be detrimental to the interest of R&A, shall be a ground for the automatic cancellation of the erring broker’s accreditation including the forfeiture
of commissions in favor of R&A, without prejudice to the right of R&A to pursue such other remedies to which it may be entitled in law and equity.

b. R&A reserves the right to cancel at any time the accreditation of a broker or any other authorization granted thereto by giving prior written notice of such
withdrawal.

c. Pursuant to item 4 above, R&A reserves the right to refuse to sell units, and lots, to a buyer who is referred by a broker for any reason whatsoever.

d. Each broker shall hold R&A free and harmless from any action or claim, which may be brought by any person or entity against said broker of such action
or claim is due to, caused by or arises out of an act, misrepresentation, fault or negligence of the broker.

e. Any of the foregoing terms and conditions may be amended, revised, or modified by R&A from time to time, of which amendments, revisions or
modifications the broker shall be notified and shall be deemed to be bound thereby.

Conforme:

Signature over Printed Name

 NON-DISCLOSURE AGREEMENT

Pursuant to my obligations under the applicable laws and regulations as sales broker of R&A PROPERTY DEVELOPMENT CORPORATION (hereinafter referred to as
the “Company”), I hereby voluntarily and unconditionally agree to execute this Non-Disclosure Agreement (“Agreement”) and comply with the following terms and
conditions:

1. That in connection with or during the course of my engagement with the Company, there may be disclosed to or accessed or obtained by me, or I may have access to,
certain trade secrets of the Company and other confidential information (hereinafter collectively referred to as “Confidential Information”), including but not limited to:

a. Technical information, which refers to methods, processes, formulae, compositions, inventions, machines, computer programs and research projects.
b. Business information, which refers to customer lists; pricing data sources of supply; marketing, production, or merchandising systems or plans; and all information
or material that has or could have commercial value or other utility in the business of the Company.
c. Personal Information, which refers to any information, whether recorded in a material form or not, from which the identity of an individual (“Data Subject”),
including but not limited to the Company’s applicants, employees, officers, directors, consultants, clients, customers, suppliers, service providers and partners, is
apparent or can be reasonably and directly ascertained, or when put together with other information would directly and certainly identify such individual.

This includes but is not limited to such individual’s name, race, ethnic origin, age, place and date of birth, citizenship, residence or office address, contact info (phone
and/or email address), marital status, name of spouse and/or child/children/dependents, if any, name of parents, physical attributes or identifying marks, occupation,
religious, philosophical or political affiliations, education, health, previous or current health records, criminal background or any proceeding for any offense or court
sentences, social security numbers, Phil Health number and details, Pag-Ibig number and details, Tax Identification No. and details, tax returns, licenses or its denials,
suspension or revocation, or any similar information or data protected under the Republic Act No. 10173, otherwise known as the Data Privacy Act (“DPA”), and
applicable laws and regulations, including but not limited to Personal Information, Sensitive Personal Information and Privileged Information as defined under the DPA.

2. That I shall not during, or at any time after the end of my engagement with the Company, use, copy or process for myself or for others, or disclose or divulge to others,
any Confidential Information. I shall operate, hold and maintain Confidential Information under strict confidentiality during, or at any time after the end of my
engagement with the Company. That I shall strictly comply with any and all applicable laws and rules, including but not limited to the DPA, as well as any policy,
measures, rules and regulations of the Company implementing such applicable laws and rules. I understand and agree that the Company shall have no liability for any of
my acts or omissions which may be in violation of such applicable laws and rules as well as the company rules.

3. That upon the end of my engagement with the Company, or upon request by the Company, I shall immediately return to the Company all documents containing
confidential Information and all documents relating to the Company or any Data Subjects (hereinafter collectively referred to as “Confidential Documents”), including
but not necessarily limited to: drawings, blueprints, reports, manuals, correspondence, customer lists, computer programs, and all other materials and all hard, soft,
manual, paper and electronic copies of such Confidential Documents or any and all documents or materials relating in any way to the Company's business or to a Data
Subject, or any documents or materials in any way disclosed to, or obtained or accessed by, me during the course of my employment or contractual relationship with the
Company. I further agree that I shall not keep or retain any copies of the foregoing, whether hard, soft, manual, paper or electronic copies.

4. This Agreement shall be binding upon me and my personal representatives and successors in interest, and shall inure to the benefit of the Company, its successors and
assigns.

5. In the event of any breach of this Agreement or my failure to comply with any and all provisions contained in this Agreement, the company rules, and the applicable laws
and rules, the Company shall have full rights to injunctive relief, in addition to any other existing rights, without requirement of posting bond.

6. I shall indemnify the Company against all penalties, fines, damages and loss, including attorney’s fees, howsoever incurred or sustained by or imposed on the Company,
as a consequence of or arising from my breach of or my failure to comply with any and all of the provisions contained in this Agreement, the company rules and the
applicable laws and rules.

7. Any delay, forbearance or neglect on the part of the Company to enforce any or all of the provisions of this Agreement and any or all rights in respect thereto shall not be
construed as a waiver of such provisions and rights, and shall not preclude the Company from exercising the same or any other right under this Agreement.

8. If any provision contained in this Agreement shall be held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction, the unenforceability of any
provision to this Agreement shall not impair or affect the validity, legality and enforceability of any other provision.

IN WITNESS WHEREOF, I have hereunto set my hand this day of at .

(Complete Name and Signature of Sales Broker, and Date signed)

SIGNED IN THE PRESENCE OF:

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES }

} S.S.

BEFORE ME, a Notary Public for and in , this day of , personally

appeared , with ID No. , issued at , on , known to me
and by me known to be the same person who executed the foregoing Non-Disclosure Agreement consisting of ( ) pages, including this page on which the
acknowledgement is written, and they acknowledged to me that the same is his free and voluntary act and deed.

WITNESS MY HAND AND SEAL this on the date and the place above written.
NOTARY PUBLIC
Doc. No. ;
Page No.
; Book No. ;
Series of .