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Contract of Service - Tamdagan 1 & 2
Contract of Service - Tamdagan 1 & 2
Contract of Service - Tamdagan 1 & 2
ZAK Energy Inc, a corporation duly incorporated under the laws of the
Philippines with principal office address at GF Insular Life Bldg., Abanao Extension
Corner Legarda Road, Baguio City herein represented by its President and Chief
Executive Officer Atty. ALEXANDER L. BANGSOY hereinafter referred to as the
FIRST PARTY;
and
WITNESSETH, that:
2. That the FIRST PARTY on the other hand shall provide the following
necessities for the carrying out of the SECOND PARTY’s
responsibilities:
3. That the duration of the study shall be for a period of TWO (2)
MONTHS upon execution of this Contract of Service. The duration
shall be strictly followed and any extension shall be considered as a
default on the part of the SECOND. PARTY’s performance of it’s
obligations as contained in this agreement;
3. That each party warrants to the other party the following stipulations:
a. That they have the power to enter into and perform its obligations
under this Agreement, to carry out the transactions and obligations
contemplated hereunder and to carry on its business as now conducted
or contemplated;
b. That have taken all necessary corporate action to authorize the entry
and the performance of this Agreement, and to carry out the
transactions and obligations contemplated by it; and,
c. That all their obligations under this Agreement constitute legal, valid,
direct, unconditional and binding obligations.
4. That the obligation of the parties is limited by the foregoing, unless this
agreement is subsequently amended in writing by the parties;
5. That this Contract of Service shall in no way constitute any novation of any
previous obligation or contract of the parties which are binding between
them.
6. That the parties shall faithfully comply with the provisions of this
agreement, and in case of litigation, the parties agree that the venue shall
exclusively be in the City Courts of Baguio City, Philippines.
ALEXANDER L. BANGSOY
(President & Chief Executive Officer)
(FIRST PARTY)
RODRIGO A. LIZARDO JR
(General Manager)
(SECOND PARTY)
ACKNOWLEDGMENT
PERSONS IDENTIFICATION
This agreement consists of four (4) pages, including this page, each of which
had been signed by the parties.
WITNESS my signature and notarial seal this _____ day of __________ 2019