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COMMISSION SHARING AGREEMENT

This Commission Sharing Agreement (Agreement), dated __________,


____, 2014, is by and between ANABELLE LOPEZ , single, of legal age and a
resident of ________________________, hereinafter referred to as THE PARTY OF THE
FIRST PART;
and _____________________, (_____________), single, of legal age and a resident of
_________________________; hereinafter referred to as THE PARTY OF THE SECOND
PART;

W I T N E S

E T H: That -

WHEREAS, this AGREEMENT is pursuant to the CONDITIONAL SALE OF


REAL PROPERTY by and between MR. ALBERTO M. ANUB & MRS. TERESA M.
ANUB, both of legal age, American Citizens, and both with residence at Unit 303
Corinithian Place, Valencia Street, Barangay Valencia, Quezon City, the SELLER;
and MR. HARUKI ARAI & MRS. HARUMI ARAI, both of legal age, Japanese
Citizens, the BUYER (hereinafter referred to as the SELLER AND BUYER,
respectively, and the PARTIES, collectively);
WHEREAS, both the BUYER and the SELLER have agreed that, as
compensation for facilitating negotiations between the BUYER and the SELLER
with regard to the Conditional Sale of Real Property signed by the PARTIES, a
commission of Five Percent (5%) of the Total Selling Price of SEVEN MILLION
EIGHT HUNDRED THOUSAND PESOS, Philippine Currency (Php 7,800,000.00),
is
hereby
awarded
to
the
_________________________
and
the
_____________________________, based on the following terms below:
a. The total amount of THREE HUNDRED NINETY THOUSAND PESOS,
representing FIVE PERCENT (5%) of the total selling price of SEVEN
MILLION EIGHT HUNDRED THOUSAND PESOS (Php 7,800,000.00),
pursuant to the Deed of Conditional Sale between the BUYER and the
SELLER, shall be the total amount awarded to both the PARTY OF THE
FIRST PART and THE PARTY OF THE SECOND PART, the same to be
divided between the two as follows:
i.

TWO
HUNDRED
SEVENTY
(Php270,000.00) to THE PARTY
_______________________; and

THOUSAND
PESOS
OF THE ____ PART,

ii.

The remaining amount of ONE HUNDRED TWENTY


THOUSAND PESOS (Php 120,000.00) to THE PARTY OF THE
___ PART.

b. This Agreement constitutes the complete and exclusive statement of the


agreement between the PARTY OF THE FIRST PART and THE PARTY
OF THE SECOND PART, as relates to the subject matter hereof and
supersedes all proposals, oral or written, and all other representations,
statements, negotiations and undertakings relating to the subject matter.
No change in addition to, or waiver of any of the provisions of this
Agreement shall be binding upon either THE PARTY OF THE FIRST PART
and THE PARTY OF THE SECOND PART, unless made in writing and
signed by the PARTY OF THE FIRST PART and THE PARTY OF THE
SECOND PART, or their respective authorizes representatives;
c. Neither THE PARTY OF THE FIRST PART or THE PARTY OF THE
SECOND PART may assign this Agreement and/or any rights and
obligations hereunder without the prior written consent of the other party,
and any such attempted assignment shall be thus null and void.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
____ day of __________________, _______, in __________________________.

ANABELLE LOPEZ
PARTY OF THE FIRST PART

PARTY OF THE SECOND

PART

SIGNED IN THE PRESENCE OF:

_________________________
___________________________
Witness

Witness

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )


__________________________ ) S.S.

BEFORE ME, a Notary Public, in and for the City of ___________________,


Philippines, this _____ day of __________________________, _________, personally
appeared:
NAMES

COMPETENT EVIDENCE OF
IDENTITY

DATE/PLACE ISSUED

Known to me to be the same persons who executed the foregoing instrument


and acknowledged to me that the same is their own free and voluntary act and
deed. This Deed of Conditional Sale consists of ____ (____) pages duly signed by the
parties and their instrumental witnesses at the dispositive portions of this page and
the left margin of all other pages.
WITNESS MY HAND AND NOTARIAL SEAL, on the date and place first mentioned
above.

Doc. No. _______


Page No. _______
Book No. _______
Series of 2014.

NOTARY PUBLIC

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