LEASE OF BUSINESS OR PROFESSIONAL OFFICE

This agreement made this ___th day of _____________, 20____, between

_______________________, of legal age, Filipino, single (or, married to
__________________________________________________), residing at
______________________________________ with post-office address at
_____________________________________, hereinafter called the Lessor, and
_________________________________, likewise of legal age, Filipino, single (or married
to __________________________), a resident of ______________________ with postal
address at __________________________ hereinafter called the Lessee, witnesseth:

1. That the Lessor hereby leases and demises unto the Lessee the offices
numbered _____ in the building known as ______________________ on located at #___
___________________ street, in the city of ______________________, Philippines,
consisting of ______________ (___) rooms on the ___th floor with the area of
____________________ (___) square meters, said premises to be used for the purpose
of ____________________________.

To have and to hold the same for the term of ___________ (___) years, beginning
the ____th day of ______________, 20____.

Yielding and paying rent at the rate of _____________________________ Pesos

(Php _______), Philippine currency, to be paid in equal monthly payments to be made
within the first _________ days of each calendar month, the first of said payments to be
made on the ______ th day of _____________, 20____.

2. The Lessee hereby covenants with the Lessor as follows:

(a) To pay the rents stipulated at the times and in the manner aforesaid.

(b) To pay all electric current, water, gas, and other rates payable during said term.

(c) To keep the demised premises in such repair as they are at the commencement
of the term or may be when put in the lessor during the continuance thereof, with the
exception of those damaged by reasonable use and wear and tear, and due to fire or
other unavoidable casualties.

(d) Not to make or suffer any alterations or changes without the written consent of
the Lessor.

(e) Not to make or suffer any waste of the premises.

(f) Not to make or suffer any unlawful, improper, of offensive use of the premises,
nor any use thereof other than as herein specified.
 (g) That the Lessor shall not be liable for any damage or injury by water or
otherwise to any merchandise or property upon the premises.

(h) That the Lessor at all seasonable and reasonable times to enter upon and
examine the premises and make such repairs as he may think necessary for the
protection thereof.

(i) Not to assign this lease or to sublet the whole or any part of the premises without
the consent in writing of the Lessor first being obtained.

(j) At the end of said term peaceably to deliver up to the Lessor the demised
premises vacant and unencumbered, in such repair as aforesaid, and in good and
tenantable order and condition.

3. The Lessor hereby covenants with the Lessee as follows:

(a) That the Lessee shall peaceably hold and enjoy the demised premises during
all the time of this contract of lease.

(b) To make thereon, during the lease, all the necessary repairs of the premises in
order to preserve them in serviceable condition for the purpose for which they are leased.

4. Provided, always, that in case of a breach of any of the covenants on the

Lessee's part herein contained, the Lessor may, while the default shall continue, and
notwithstanding any waiver of any prior breach of condition, without notice or demand,
enter upon the premises, and thereby determine this lease, and may thereupon expel and
remove the Lessee and his effects.

5. It is hereby agreed that in the interpretation and construction of this contract of

lease, whenever the context so permits, the expression "Lessor" shall include and
embrace his executors, administrators, and assigns; and that the covenants and
stipulations hereof shall be binding upon and inure to the benefit of the person included
and embraced under said expressions respectively as aforesaid.

In witness whereof, the parties hereto have subscribed their names this ___th day
of ______________, 20____, at ________________, Philippines.

_________________________________ __________________________
Lessor Lessee

SIGNED IN THE PRESENCE OF:

____________________________

____________________________
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )

_____________________________ ) SS.

BEFORE ME, a Notary Public for and in the City of ___________________, this
___________________, personally appeared ______Affiant 1_________________
exhibiting to me his Passport No. _____________ issued on ________________ and set
to expire on _____________, and ____ Affiant 2____ exhibiting to me her Passport No.
_____________ issued on _____________ and set to expire on ________________ as
their competent evidence of identity bearing their photograph and signatures, who are
known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same is their own free act and voluntary act
and deed.

This instrument, consisting of (__) pages, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page
hereof by the concerned parties and their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, at the place and date above-written.

ATTY __________________________________
Doc. No. 123 COMMISSION NO. _________________________
Page No. 69 NOTARY PUBLIC for _________________________
Book No. VII UNTIL DECEMBER 31, 2007
Series of 2007 OFFICE: _________________________
ROLL NO. 00001
IBP Lifetime Roll No. 1234567 ; 01/07/07 ; LA UNION
MCLE COMPLIANCE No. __________; July 7, 2007