Memorandum of Agreement: First Party Second Party
Memorandum of Agreement: First Party Second Party
Memorandum of Agreement: First Party Second Party
TITO E. SALUDO, Filipino, of legal age, and a resident of Brgy. Laboon, Maaasin City,
Southern Leyte, herein referred to as the FIRST PARTY,
-and-
PEPITO G. GENERAN, Filipino, of legal age, and a resident of Brgy. Tam-is, Maasin City,
Southern Leyte, herein referred to as the SECOND PARTY,
WITNESSETH
1. That the FIRST PARTY is an owner of a tree plantation, located at Brgy. Upper Ichon,
Macrohon, Southern Leyte, and a grantee of a Certificate of Tree Plantation Ownership
No. 01-3126;
2. That the SECOND PARTY is the registered owner of one (1) unit chainsaw with serial
number 190329282;
3. That the FIRST PARTY shall hire, use and pay the chainsaw of the SECOND PARTY in
harvesting all their matured planted trees per board feet basis;
4. The SECOND PARTY is obliged to provide and make available his chainsaw machine and
his operator for the FIRST PARTY’S use;
5. That the parties hereof obligate to faithfully comply the terms and condition of this
agreement.
IN WITNESS WHEREOF, we have hereunto affix signature this 14t h day of March 2022, at
Maasin City, Southern Leyte, Philippines.
1. ______________________ 2._______________________