This Loan Agreement is made as of February 14, 2014 by and between ABC Company, Inc.

a corporation with its principal place of business at 123 LKG Tower, Ayala Avenue Makati City, Philippines, as lender (the LENDER), and Chiefs, Inc., a corporation with its principal business at the 2nd Floor of 32nd and Fifth Building, 32nd Ave. Bonifacio Global City, Taguig, as borrower (the BORROWER) WHEREAS, the Borrower wishes to obtain a loan in the amount referred to below from the Lender, and the Lender is willing to make such loan to the Borrower on the terms and conditions hereinafter set forth. NOW THEREFORE, in consideration of those premises and mutual covenants hereinafter contained, it is hereby agreed as follows: Section 1. DEFINITIONS Unless the context otherwise requires, the following terms shall have the meaning set forth below: 1.01 AGREEMENT shall mean this Loan Agreement 1.02 BUSINESS DAY shall mean a day, other than a Saturday, Sunday or legal holiday, on which banks are open for business in the Philippines. 1.03 EVENT OF DEFAULT shall have the meaning set forth