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DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS: This Deed of Sale entered into this 9th day of July 2010 by and between: PLANTERS PRODUCTS, INC., a corporation duly organized and existing under and by virtue of the laws of the Republic of the Philippines, with office address at 109 PPI Bldg. Esteban Street, Legaspi Village, Makati City, represented herein by its duly authorized Officer-in-Charge, JOHN PAOLO ROBERTO A. CALLEJA, hereinafter referred to as the VENDOR; -andWILFREDO LAHOM, of legal age, married, Filipino citizen and with residence at #81 Mindanao Ave. Pag-asa, Quezon City (hereinafter referred to as the VENDEE); RECITALS: WHEREAS, The VENDOR, represented by its President, is the registered owner of a certain motor vehicle more particularly described as follows: PLATE NO. : MODEL : MAKE : TYPE : SERIES : CHASSIS NO. : ENGINE NO. : XEM696 2002 ISUZU VAN PASSENGER PABTFR54HY2201517 UB808

WHEREAS, The VENDEE has offered to purchase the above-described motor vehicle from the VENDOR on an As Is Where Is basis and the latter has accepted said offer; NOW, THEREFORE, for and in consideration of the foregoing premises and of the mutual covenants and stipulations of the parties, the VENDOR hereby SELLS, CONVEYS, TRANSFERS AND CEDES the abovedescribed motor vehicle to the VENDEE on an As Is Where Is basis and free from any lien and encumbrances under the following term and condition, to wit: 1. PRICE - That in consideration of the sale of the motor vehicle, the VENDEE shall pay the VENDOR the amount of ONE HUNDRED SEVENTY THOUSAND PESOS ONLY (P170,000.00) Philippine Currency, receipt of which shall be acknowledge from the VENDEE by the VENDOR; 2. TRANSFER AND REGISTRATION EXPENSES - That in consideration of the sale of the motor vehicle, all expenses relating to the transfer and registration of the said motor vehicle shall be for the account of the Vendee; 3. LIABILITY - The VENDEE shall be free from any legal or contractual liability consequent upon an accident involving the vehicle and that the VENDEE shall fully assume responsibility for such liability upon the effectivity of this sale. IN WITNESS WHEREOF, the parties hereunto set their hands on this 9th day of July 2010. PLANTERS PRODUCTS, INC. 327 By: JOHN PAOLO ROBERTO A. CALLEJA PRESIDENT T.I.N. No. 202-446-798 T.I.N. No. 130-969-

By: WILFREDO LAHOM BUYER

SIGNED IN THE PRESENCE OF: _________________________ ____________________________

REPUBLIC OF THE PHILIPPINES) MAKATI CITY ) SS. ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in Makati City, this 9th day of July 2010, personally appeared: 1. JOHN PAOLO ROBERTO A. CALLEJA, with Tax Identification No. 202-446-798 issued at the Quezon City; and 2. WILFREDO LAHOM, with Tax Identification No. 130-969-327 issued at the Quezon City and his Community Tax Certificate No. ______ issued at ________ on __________. known to me and to me known to be the same persons who executed the foregoing instrument and they acknowledged to me that the same is their free and voluntary act and deed as well as the free and voluntary act and deed of the corporation which they represented. This Deed of Absolute Sale consists of Three (3) pages including this page wherein the acknowledgment is written, signed by the parties and their instrumental witnesses, and sealed with my notarial seal. WITNESS MY HAND AND SEAL this 9th day of July 2010. NOTARY PUBLIC

Doc No. ______; Page No. _____; Book No. _____; Series of 2010.

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