REPUBLIC OF THE PHILIPPINES)

CITY OF IRIGA ) SS.

SECRETARYS CERTIFICATE

I, JENET N. OLIVA, Filipino, of legal age, and with office address at San Francisco, Iriga City,
being the duly qualified and incumbent Corporate Secretary of 14THNOVEL CORPORATION, a
domestic corporation duly organized and existing under and by virtue of the laws of the Republic
of the Philippines, with principal office address at Lot 5-6 Block 6 Citihomes Subdivision, San
Nicolas, Iriga City (the Corporation), do hereby certify that:

1. At a meeting of the Board of Directors of the Corporation held on May 19, 2014 at the
principal office of the Corporation, at which quorum was present and acting throughout, the
following resolutions were unanimously approved:

RESOLVED, that 14THNOVEL CORPORATION (the Corporation) be authorized, as it
is hereby authorized, to transact with BDO UNIBANK INC., its trust department, any
of its branches, its subsidiaries and affiliates (singularly or collectively referred to as
the Bank) for the obtainment of loan facilities and availment of banking products and
services;

RESOLVED FURTHER, that in this regard, the Corporation be authorized, to do the
following:

1. OPEN AND MAINTAIN DEPOSITORY ACCOUNTS. To open, maintain and
manage, in the name of the Corporation, any number of savings/current/time
and other accounts with the Bank or any of its branches, hereinafter to be
referred to as the Depository Accounts, and in this regard, to:

1a. Deposit to and withdraw from any of the Depository Accounts, in
whatever form and manner, and in such amounts as the Corporation may
deem appropriate or necessary;

1b. Close any of the Depository Accounts and ask, demand, se for, collect,
and receive the proceeds of such Depository Account in the name of the
Corporation;

1c. Receive, accept, endorse and negotiate all checks, drafts, or orders of
payment payable to the Corporation or its order which may require the
Corporations endorsement;

2. AVAIL OF CREDIT FACILITIES. To apply for, negotiate and obtain loans or
other credit accommodations or facilities, including but not limited to letters of
credit, trust receipts, bills purchases, foreign exchange settlement lines, from
time to time, in amounts which may be required by the Corporation, which
authority shall include renewals, extensions, re-availments, restructuring,
amendments or conversions into other credit forms or types, and in this
regard, to:

2a. Execute, sign and deliver from time to time the relevant loan agreements,
promissory note/s, trust receipts and all other documents pertinent to the
accommodations/facilities referred to above;

2b. Avail of products and services offered by the Banks Transactional
Banking Group, such as collection and disbursement services, liquidity
management, account services, retail products, and to be bound in
accordance with and subject to the Banks rules and regulations, terms and
conditions governing the same;

3. TRANSACT TRADE RECEIVABLES. To negotiate for the sale of the
Corporations accounts receivables to various investors under the Banks
Trade receivables Brokering/Receivables Brokering Arrangements;

4. FOREIGN EXCHANFE TRANSACTIONS. To enter into foreign exchange
dealings/transactions with the Bank, such as buying and selling of foreign
exchange, and other foreign exchange transactions such as but not limited to
forwards, swaps, etc. with the Bank;

5. MONEY MARKET TRANSACTIONS. To invest in money market
placements and other instruments with BDO UNIBANK INC., its subsidiaries
and affiliates, including non-bank financial institutions;

6. TRUST, INVESTMENT MANAGEMENT AND AGENCY TRANSACTIONS.
To open, maintain and manage in the name of the Corporation any number of
trust, investment management and other agency accounts with the Banks
trust department and to give any and all instructions and approvals that may
be required for the administration, including withdrawals and closure, of these
accounts;

7. ELECTRONIC BANKING SERVICES. To register with and avail of the
Electronic Banking Services of the Bank in connection with the foregoing g
transactions which may include balance inquiries, bills payments, funds
transfers from and to the Depository Accounts;

8. TRANSACT WITH RELATED COMPANIES. To transact with the Banks
other subsidiaries affiliates, and related companies;

9. MORTGAGE, PLDEGE, ASSIGN COMPANY PROPERTY. To mortgage,
pledge, assign or otherwise encumber properties of the Corporation, whether
real or personal, as collaterals for credit accommodations extended by the
Bank.

RESOLVED FURTHER, that any one two all ________ of the
following officers of the Corporation:

NAME POSITION/TITLE

Justin P. Novela President
Jenet N. Oliva Secretary
Mona Liza C. Novela Treasurer

be authorized, as they are hereby authorized, to enter into the above-specified
arrangements with the Bank under such terms and conditions as the said individuals
may deem necessary and to accordingly execute, sign, deliver and/or perform any and
all contracts, instruments, documents, instructions or writings with or to the Bank that
may be necessary for the implementation of the foregoing transactions.

RESOLVED FURTHER, that the Corporation ratify and confirm, as it is hereby ratifies
confirms, all that the above named individuals may lawfully do or cause to be done by
virtue of these authority given to them.

RESOLVED FINALLY, that the foregoing Resolutions shall remain valid and subsisting
unless otherwise revoked or amended in writing by the Corporation and duly served on
the Bank.

2. The foregoing resolutions are valid and binding as of the date hereof and have not in
any manner been amended or modified.

3. The following are the incumbent members of the Board of Directors and Officers of the
Corporation:

NAME POSITION

Justin P. Novela President
Rex C. Oliva Vice-President
Jenet N. Oliva Secretary
Mona Liza C. Novela Treasurer
Manuel B. Catorce II Member


IN WITNESS WHEREOF, this certification has been signed this 21
st
day of May, 2014
at Iriga City, Philippines.



JENET N. OLIVA
Corporate Secretary



SUBSCRIBED AND SWORN TO before me at Iriga City on ______________ affiant
exhibiting to me her Passport No. EB86466862 issued on July 12, 2013 at DFA, Legazpi City.





Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 2014.