DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Assignment (hereafter, the “Deed”) made and executed this
__________________ at ____________________by and between:

RODRIGO C. RAMOS, of legal age, Filipino and a resident of Villa Del Sol
Subd., City of San Fernando, Pampanga, hereinafter referred to as the
“ASSIGNOR”; and

FREDDIE E. LORENZO, of legal age, Filipino and a resident of 4193

Sucaban, Bagbaguin, Caloocan City, hereinafter referred to as the “ASSIGNEE”;

WITNESSETH, That;

WHEREAS, the ASSIGNOR is registered subscriber of ONE (1) share of the capital stock of
R.C. RAMOS CONSTRUCTION CORPORATION (the "Corporation"), a corporation duly organized
and existing under and by virtue of the laws of the Republic of the Philippines, with office
address at 194 Quezon Road, San Roque, Mexico, Pampanga, with a par value of One Peso
(Php1.00) per share (the “Share”).

WHEREAS, the ASSIGNOR has consented to assign and have the Share placed in the
name of ASSIGNEE, for the purpose of qualifying him for election to the Board of Directors of
the Corporation;

NOW THEREFORE, for and in consideration of the foregoing premises and the mutual
covenants hereinafter set forth:

1. ASSIGNOR hereby assigns, transfers, cedes and conveys the Share,

and all of the ASSIGNOR’s rights, title, and interests in and to such Share, to the
ASSIGNEE or the latter’s assigns. The ASSIGNOR hereby agrees to execute and
deliver such other writings necessary to transfer legal ownership in and to the
Share to the ASSIGNEE, or the latter’s assigns, and to lawfully enable the
ASSIGNEE to cause the registration and recording of title to the Share in its
name, or in the name of its assigns. For this purpose, the ASSIGNOR hereby
authorizes the Corporate Secretary of the Corporation to make the
corresponding transfer of the Share from the name of the ASSIGNOR to that of
the ASSIGNEE, or the latter’s assigns, in the corporate books of the corporation.

2. ASSIGNOR hereby authorizes the Corporate Secretary of the

Corporation to record this Deed in the books of the Corporation, and cause the
transfer of the Share in the books of the Corporation in the name of ASSIGNEE or
the latter’s assignee, and to do and perform any and all acts necessary therefor,
including, but not limited to, the execution of pertinent transfer documents and
the preparation, execution and filing of the necessary tax returns and reports
with the pertinent government authorities and agencies.

3. ASSIGNEE shall indemnify and hold free and harmless the

ASSIGNOR, from and against any and all suits, claims, demands, costs, damages

1
 or liability whatsoever, including reasonable attorney’s fees, arising, directly or
indirectly, from the execution of this Deed of Assignment.

4. ASSIGNOR shall shoulder all taxes, fees and charges payable by

virtue of the execution of this Deed of Assignment.

IN WITNESS WHEREOF, the parties have executed this Agreement on the date and at
the place first written above.

RODRIGO C. RAMOS FREDDIE E. LORENZO

Assignor Assignee

Signed in the presence of:

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )

_________________________ )ss.

BEFORE ME, this __________________ at _______________________, personally

appeared:

Name Competent Proof of Identity

RODRIGO C. RAMOS
FREDDIE E. LORENZO

together with their instrumental witnesses, known to me and to me known to be the same
persons who executed the foregoing document, and they acknowledged to me that the same is
their free act and deed.

The foregoing document is a Deed of Assignment consisting of 2 pages including this

page on which this acknowledgment is set forth, signed by the parties and their instrumental
witnesses on each and every page and sealed with my notarial seal.

WITNESS MY HAND AND SEAL.

Doc. No. ;
PageNo. ;
Book No. ;
Series of 2020.