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ARTICLES OF CO-PARTNERSHIP

OF

CLAUDIO&KOWALSKI ADVERTISING FIRM

Know to all men by these presents:

That we, undersigned, of legal age, citizens of the Philippines, have this day voluntarily

bind ourselves together for the purpose of performing partnership, effective as of this

date, under the terms and conditions herein after set forth, and subject to the

requirements of the existing laws of the Republic of the Philippines.

And we hereby certify:

Article I

That name of the said partnership shall be Claudio&Kowalski and shall operate and

transact business under the said firm name.

Article II

That the principal office of this partnership shall be at #169 Brgy. San Jose, Sitio II,

Mandaluyong City.

Article III

That the names, surnames, and postal address of the partners of this partnership are as

follows:

Patrick Angelo D. Claudio - #27 Kapt. Ato St., Brgy. Sta. Cruz, Pasig City

Margaret G. Tamayo - #214 Andres Bonifacio St., Brgy. Hagdan Bato, Mandaluyong City

Gian Michael M. Buendia - 726-A Sta. Ana St., Barangay Plainview, Mandaluyong City

Isiah S. Laguda - #3 San Pablo St., Brgy. Batis, San Juan City

Mikhail Andrei R. Dimanlig - #146 M.H.Del Pilar St., Brgy. Palatiw, Pasig City

Maxine Krizia R Dimanlig - #146 M.H.Del Pilar St., Brgy. Palatiw, Pasig City

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Article IV

That the capital of partnership is Php6, 000, 000 of which shall be contributed as

follows:

Name Type of Contribution Amount

Patrick Angelo D. Claudio Cash 1, 200, 000

Margaret G. Tamayo Cash 960, 000

Gian Michael M. Buendia Cash 960, 000

Isiah S. Laguda Cash 960, 000

Mikhail Andrei R. Dimanlig Cash 960, 000

Maxine Krizia R. Dimanlig Cash 960, 000

Article V

That the each partner shall give his time, skill, and attention, to the operation of this

partnership and shall engage in no other business enterprises unless permission is

granted in writing by partners.

Article VI

That the purpose of this partnership shall be to provide, good quality and satisfying

services to clients willing to enroll.

Article VII

That the profits and losses shall be divided by the rate of 20%; 16%; 16%; 16%; 16%;

16% respectively.

Article VIII

In witness where of we have here unto set our hands ____________ (date) at the City of

Manila.

Patrick Angelo D. Claudio Margaret G. Tamayo Gian Michael M. Buendia

Isiah S. Laguda Mikhail Andrei R. Dimanlig Maxine Krizia R. Dimanlig

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Signed in presence of:

_____________________ ______________________

Witness Witness

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REPUBLIC OF THE PHILIPPINES

City of Manila

Personally appeared before me this ___________ the following with their

respective residence certificates:

Name Residence Certificate Issued on Issued at

Patrick Angelo D. Claudio

Margaret G. Tamayo

Gian Michael M. Buendia

Isiah S. Laguda

Mikhail Andrei R. DimanligMaxine Krizia R. Dimanlig

All known to me and to me known to be the same persons who executed the

foregoing Articles of Co-Partnership of Claudio&Kowalski Advertising Firm all

acknowledge to me that the same is their free and voluntary act and deed.

Witness my hand and seal this ___day of _____________in the year of our Lord,

_____.

_________________________________

Notary Public

Until December 31, 2011

PTR No.

Issued atIssued on

Doc. No.

Page No.

Book No.

Series of 2011